Published December 10, 2023
The former president is on trial in New York for allegedly defrauding lenders.
Former President Donald Trump is on trial in New York in a $250 million civil lawsuit that could alter the personal fortune and real estate empire that helped propel Trump to the White House.Trump, his sons Eric Trump and and Donald Trump Jr., and other top Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used “numerous acts of fraud and misrepresentation” to inflate Trump’s net worth in order get more favorable loan terms. The trial comes after the judge in the case ruled in a partial summary judgment that Trump had submitted “fraudulent valuations” for his assets, leaving the trial to determine additional actions and what penalty, if any, the defendants should receive.
The former president has denied all wrongdoing and his attorneys have argued that Trump’s alleged inflated valuations were a product of his business skill.
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SOURCE: www.abcnews.go.com
RELATED: Democrats Double-Down in Hopes That 55-Year Old Ruling Will Remove Trump from Ballot
Published December 10, 2023
Buoyed by a lower court ruling branding former President Donald Trump an insurrectionist for his role in the Capitol incursion, his opponents are pushing for an appeals court to throw him off of the Colorado ballot.
A brief filed by one party in the case argues that Trump is on shaky legal grounds by saying states do not have the power to ban individuals from the ballot.
“[Trump] has argued that states have no power to judge the qualifications of candidates or that it is a political question. The historical record however suggests that in at least some cases, states have excluded candidates,” Derek Muller, a law professor at the University of Notre Dame in Indiana, said, according to Newsweek.
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SOURCE: www.westernjournal.com
RELATED: What to know about Trump’s decision to not testify again in New York civil fraud trial
Published December 10, 2023
Former President Donald Trump was supposed to testify again at his New York civil fraud trial on Monday, but he made a surprise announcement Sunday that he would not be appearing.
Trump has already testified once in the trial, repeatedly barreling past questions from the New York attorney general’s office to instead attack the judge overseeing his case and the attorney general’s $250 million lawsuit against him.
The questions on Monday would have been friendlier to the former president, as he had been scheduled to testify under questioning from his own attorneys in an effort to bolster his defense against allegations he fraudulently inflated the value of his properties.
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SOURCE: www.amp.cnn.com
