Coverage dated November 1, 2023 to November 2, 2023
Eric Trump testifies in civil fraud trial he relied on accountants for financial statements accuracy
Headline from KTVU San Francisco
Eric Trump has testified that he was relying on accountants to ensure the accuracy of financial statements that authorities say fraudulently exaggerated his father’s wealth and assets to deceive banks and insurers.
KTVU San Francisco's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
NEW YORK >> Eric Trump, one of two sons entrusted to run Donald Trump’s real estate empire, swore today that he was never involved with or aware of financial statements that state lawyers say fraudulently puffed up the ex-president’s wealth and the worth of the family business.
Donald Trump Jr., who began testifying Wednesday, is expected to finish Thursday and be followed by his brother Eric. Both are defendants in the trial that accuses them of committing fraud.
Eric Trump has testified that he was never involved with or aware of financial statements that lawyers say fraudulently puffed up the ex-president's wealth and the worth of their family business.
The testimony of Don Jr. and Eric Trump are part of the civil fraud trial involving the Trump business. The former president, and his daughter Ivanka, are expected to testify next week.
Donald Trump's sons Donald Trump Jr. and Eric Trump continue to testify Thursday in the New York civil fraud case against the family and their business. Follow here for the latest live updates on the trial.
The lawsuit centers on whether the former president and his business misled banks and insurers by inflating his net worth on the financial statements. He and other defendants, including sons Donald Jr. and Eric, deny wrongdoing.
Eric Trump testified, and later contradicted himself, that he had no knowledge of the financial statements at the heart of the fraud case against his father.
The New York Attorney General’s office pressed Donald Trump’s two adult sons Thursday about their knowledge of and involvement with the former president’s financial statements in some of the most significant and tense days of the fraud trial.
Eric Trump followed brother Donald Trump Jr. in testifying Thursday at the family’s New York civil fraud trial, a prelude to their father’s scheduled testimony Monday.
Donald Trump Jr. and Eric Trump downplayed their connection to the financial records at the center of their family's ongoing civil fraud trial in New York in sworn testimony on the stand.
Eric Trump took the stand after his older brother, Donald Jr., in a civil case brought by New York’s attorney general. They are accused along with former President Donald J. Trump of inflating the value of business assets.
Eric Trump has testified that he was relying on accountants to ensure the accuracy of financial statements that authorities say fraudulently exaggerated his father’s wealth and assets to deceive banks and insurers.
Eric Trump, who helps run the former president’s real estate business, testified that financial documents sent by his father’s company to Deutsche Bank AG to obtain loans for the Trump Organization were “accurate,” even though a judge has already determined they were fraudulent.
NEW YORK >> Eric Trump, one of two sons entrusted to run Donald Trump’s real estate empire, swore Thursday that he was never involved with or aware of financial statements that New York state lawyers say fraudulently puffed up the ex-president’s wealth and the worth of the family business.
Eric Trump was pressed about what steps he took to verify information before signing documents certifying that his father’s financial statements were correct, and insisted he would never sign something inaccurate.
NEW YORK — Eric Trump, one of two sons entrusted to run Donald Trump’s real estate empire, swore Thursday that he was never involved with or aware of financial statements that New York state lawyers say fraudulently puffed up the ex-president’s wealth and the worth of the family business.
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