Current:Home > FinanceEric Trump returns to the witness stand in the family business’ civil fraud trial -Stellar Wealth Sphere
Eric Trump returns to the witness stand in the family business’ civil fraud trial
View
Date:2025-04-26 06:35:35
NEW YORK (AP) — Eric Trump returned to the witness stand Friday to testify at the civil fraud trial accusing his father of exaggerating his wealth and the value of his assets to deceive banks and insurers.
It’s the second day of testimony from Eric Trump, who helps run the former Republican president’s real estate empire that is now threatened by the lawsuit brought by New York Attorney General Letitia James.
Eric Trump, an executive vice president of the Trump Organization, testified on Thursday that he wasn’t involved with financial statements at the heart of the case. James’ office says those documents were fraudulently exaggerated to secure loans and make deals.
Another executive of his father’s company testified that Eric was on a video call about his father’s financial statement as recently as 2021. But the son insisted he had no recollection, telling the court: “I’m on a thousand calls a day.”
Donald Trump and other defendants — including sons Donald Jr. and Eric — deny any wrongdoing. The former president has called the case a “sham,” a “scam,” and “a continuation of the single greatest witch hunt of all time.”
The civil lawsuit is separate from four criminal cases the former president is facing while he campaigns to retake the White House in 2024.
The former president, who has periodically appeared in court to watch the trial, is expected to follow on the witness stand on Monday. His daughter Ivanka Trump is also scheduled to testify next week after an appeals court late Thursday denied her request to delay her testimony.
The Trumps are being summoned to the stand by James’ office, but defense lawyers will also have a chance to question them and can call them back as part of the defense case later.
Judge Arthur Engoron has ordered that a court-appointed receiver take control of some Trump companies, putting the future oversight of Trump Tower and other marquee properties in question. But an appeals court has blocked enforcement of that aspect of Engoron’s ruling for now.
veryGood! (13769)
Related
- 'Most Whopper
- U.K. police arrest 17-year-old in connection with last year's MGM cyberattack
- Naval aviator becomes first woman pilot to secure air-to-air victory in combat
- Amid tensions with China, some US states are purging Chinese companies from their investments
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Man gets life without parole in 1988 killing and sexual assault of woman in Boston
- Boston Red Sox sign manager Alex Cora to three-year extension
- Tiger Woods' son, Charlie, misses cut at U.S. Junior Amateur
- All That You Wanted to Know About She’s All That
- Rookies Caitlin Clark, Angel Reese have WNBA's top two selling jerseys amid record sales
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Whale Throwing 2 New Hampshire Men Overboard in Freak Accident Has Internet Flipping Out
- Mistrial declared in case of Indiana man accused of fatally shooting five, including pregnant woman
- Cartoonist Roz Chast to be honored at the Brooklyn Book Festival, which runs from Sept. 22-30
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Hugh Jackman claws his way back to superhero glory in 'Deadpool & Wolverine': Review
- Cartoonist Roz Chast to be honored at the Brooklyn Book Festival, which runs from Sept. 22-30
- Administrative judge says discipline case against high-ranking NYPD official should be dropped
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Following the Journeys of 16 and Pregnant Stars
Phoenix man sentenced to life in prison without parole after killing his parents and younger brother
A former candidate for governor is disbarred over possessing images of child sexual abuse
North Carolina justices rule for restaurants in COVID
Wind power can be a major source of tax revenue, but officials struggle to get communities on board
Nebraska governor issues a proclamation for a special session to address property taxes
Wisconsin agrees to drop ban on carrying firearms while fishing following challenge