Trump’s Son Testifies In The Civil Fraud Trial Against The Family And Their Business
Donald Trump Jr. testified that he was not involved in the preparation of his father's financial statements at any point in time.
Donald Trump’s oldest son testified in the civil fraud trial brought against the family and their business.
Donald Trump Jr. testified that he was not involved in the preparation of his father’s financial statements at any point in time, including after his father became president in 2017 in which he was appointed trustee on his father’s revocable trust.
During his testimony, Trump Jr. looked over the 2017 statement of financial condition that was deemed fraudulent by Judge Arthur Engoron. The former president’s son said again that he did not help prepare the statement for that year.
Trump Jr. is named as a defendant in the $250 million lawsuit brought by the New York Attorney General’s Office against the former president, his company and several executives.
Trump Jr. and his brother Eric are accused of knowingly participating in a scheme to inflate their father’s net worth to obtain financial benefits like better loan and insurance policy terms. The former president’s son’s testimony will continue on Thursday.