The former US president, Donald Trump, is facing a civil fraud trial in New York that could have serious consequences for his business empire and his political future. The trial, which started on Monday, October 2, 2023, is the result of a lawsuit filed by the New York Attorney General, Letitia James, who accuses Trump, his two eldest sons, and the Trump Organization of inflating the value of their assets to obtain loans and tax benefits. The lawsuit seeks to recover $250 million in damages and penalties from the defendants, as well as to ban them from running any New York-based businesses for a period of time. The trial is expected to last for several weeks and will feature testimony from Trump himself, as well as from other key witnesses and experts. The trial is also likely to draw attention from the media and the public, as it will reveal details about Trump’s finances and business practices that have long been shrouded in secrecy.
[NEWS QUERIES] ⬇️
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[NEWS SUMMARY] ⬇️
➡️Donald Trump is facing a civil fraud trial in New York over inflating the value of his assets to obtain loans and tax benefits.
➡️The lawsuit was filed by the New York Attorney General, Letitia James, who seeks to recover $250 million from Trump, his two eldest sons, and the Trump Organization.
➡️The trial started on Monday, October 2, 2023, and is expected to last for several weeks.
➡️The trial will feature testimony from Trump himself, as well as from other key witnesses and experts.
➡️The trial could have serious consequences for Trump’s business empire and his political future.
[IT IS VERIFIED NEWS] ⬇️
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