Current:Home > MarketsEric Trump returns to the witness stand in the family business’ civil fraud trial -Elevate Money Guide
Eric Trump returns to the witness stand in the family business’ civil fraud trial
View
Date:2025-04-13 05:46:58
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! (62243)
Related
- What to watch: O Jolie night
- Vanderpump Rules’ Lala Kent Claps Back at “Mom Shaming” Over Her “Hot” Photo
- 60 Scientists Call for Accelerated Research Into ‘Solar Radiation Management’ That Could Temporarily Mask Global Warming
- Do Solar Farms Lower Property Values? A New Study Has Some Answers
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- LSU Basketball Alum Danielle Ballard Dead at 29 After Fatal Crash
- 2023 ESPYS Winners: See the Complete List
- Patrick Mahomes Is Throwing a Hail Mary to Fellow Parents of Toddlers
- Nevada attorney general revives 2020 fake electors case
- Ambitious Climate Proposition Faces Fossil Fuel Backlash in El Paso
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Confronting California’s Water Crisis
- Why It’s Time to Officially Get Over Your EV Range Anxiety
- Rural Communities Like East Palestine, Ohio, Are at Outsized Risk of Train Derailments and the Ensuing Fallout
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- In Dimock, a Pennsylvania Town Riven by Fracking, Concerns About Ties Between a Judge and a Gas Driller
- Shakira Steps Out for Slam Dunk Dinner With NBA Star Jimmy Butler
- Lisa Marie Presley's Autopsy Reveals New Details on Her Bowel Obstruction After Weight Loss Surgery
Recommendation
Global Warming Set the Stage for Los Angeles Fires
This Giant Truck Shows Clean Steel Is Possible. So When Will the US Start Producing It?
Meet the Millennial Scientist Leading the Biden Administration’s Push for a Nuclear Power Revival
Adrienne Bailon-Houghton Reveals How Cheetah Girls Was Almost Very Different
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Patrick Mahomes Is Throwing a Hail Mary to Fellow Parents of Toddlers
Landowners Fear Injection of Fracking Waste Threatens Aquifers in West Texas
New Study Reveals Arctic Ice, Tracked Both Above and Below, Is Freezing Later