Donald J. Trump began his testimony Monday before a packed Manhattan courtroom, filled with onlookers.
They had come to witness the spectacle of a former U.S. president taking the witness stand at trial to defend his family business and his reputation as a real estate mogul.
Before the civil trial even began, the judge in the case, Justice Arthur Engoron, ruled that Mr. Trump had fraudulently misvalued his properties for years and revoked his licenses to operate those in New York — a ruling that has been appealed.
The trial, which is in its sixth week, will determine how much more Mr. Trump should be penalized.
Mr. Trump’s lawyers have argued that his annual financial statements were merely estimates, and that differing valuations were standard in the real estate business.
Persons:
Donald J, Trump, Arthur Engoron
Organizations:
New
Locations:
U.S, New York