Accountant's testimony sprawls into a 4th day at Trump business fraud trial in New York
1 year, 3 months ago

Accountant's testimony sprawls into a 4th day at Trump business fraud trial in New York

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An accountant who prepared Donald Trump's financial statements was back on the witness stand for a fourth day Thursday in the New York civil fraud trial examining whether the former president exaggerated his wealth. The business fraud trial stems from New York Attorney General Letitia James' lawsuit alleging that Trump and his business ginned up financial statements that vastly overvalued Trump Tower, Mar-a-Lago and other assets. Judge Arthur Engoron ruled on some other claims before the trial, finding that Trump did engage in fraud by inflating his assets' worth on the statements. Engoron, seeking to prevent an end run around his ruling, told the defendants to give Jones advance notice of any application for new business licenses in any jurisdiction and any attempts to create new entities to “hold or acquire the assets” of a company that's being dissolved under the ruling.

History of this topic

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