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☆ Not having a jury has turned Trump's fraud trial into an ugly screwball comedy
▼ + stars: | 2023-11-16 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Trump's lawyers complain to New York Supreme Court Justice Arthur Engoron that their gag order prevents them from complaining more. With no jury, Trump is the audienceThe trial is a bench trial, meaning there's no jury. he quipped to one of Trump's lawyers, Christopher Kise, who had objected to one of his rulings about how to structure several questions. AdvertisementJudge Arthur F. Engoron presides over former President Donald Trump's civil business fraud trial at the New York Supreme Court. Trump's lawyers have hemmed and hawed about Greenfield, Engoron's principal law clerk, who has donated to Democratic politicians.

Persons: Trump's, there's, —, Donald Trump, Arthur Engoron, Michael Cohen's, Trump, Letitia James, Engoron, James, Eric Trump, Donald Trump , Jr, Allen Weisselberg, Jeff McConney —, Jamie White, litigator, who's, White, Alina Habba, Christopher Kise, Seth Wenig Engoron, Kise, He's, Randy Zelin, Hillary Clinton, Engoron's, Allison Greenfield, — Trump, Arthur F, Donald Trump's, Mike Segar, Jean Carroll, Carroll, defaming, Trump —, Lewis Kaplan, Kaplan, Donald Trump Jr, David Dee Delgado, Zelin, he's Organizations: Service, Trump Organization, New York, York, AP, US Justice Department, Cornell Law School, Fox News, New York Supreme, Trump, Democratic Locations: York, Manhattan, New, New York, earshot, Greenfield, Woodstock

☆ A bunch of terrible stuff happened to Jennifer Weisselberg after she ratted on her husband and the Trump Organization to prosecutors
▼ + stars: | 2023-11-14 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Jennifer Weisselberg is the former daughter-in-law of Allen Weisselberg, who served as the chief financial officer for the Trump Organization and was convicted of tax fraud earlier this year. Eviction proceedings against Jennifer Weisselberg began in October 2020 with Allen Weisselberg listed as her guarantor. But over the next few months — as Jennifer Weisselberg began speaking publicly with the media about the Trump Organization — the lawsuit against Jennifer and Allen Weisselberg shifted, according to The Nation. In March 2023, Jennifer Weisselberg signed a settlement agreement to pay back half the rent she owed and move out. AdvertisementAdvertisementJennifer Weisselberg told The Nation she believed speaking out against the Trump Organization would help her get her kids back.

Persons: Jennifer Weisselberg, Allen Weisselberg, —, it's, Jennifer, Barry Weisselberg, Donald Trump, Allen Weisselberg's, Barry Weisselberg didn't, Jennifer Weisselberg's, Allen, Barry Organizations: Trump Org, Service, Trump Organization, The, Trump Organization —, York County Civil, Court, Bellevue Hospital Locations: York County, Florida, Manhattan

In preparing financial statements, also known as compilations, accountants need only documentation used to determine the value of assets, like Trump’s skyscrapers, golf courses and other properties. The firm cut ties with Trump last year and said his financial statements “should no longer be relied upon” after James raised concerns about their accuracy. James, a Democrat, alleges Trump, his company and top executives exaggerated his wealth by billions of dollars on the financial statements by inflating property values. On the stand Tuesday, Flemmons echoed Trump’s longstanding assertion that disclaimers on the financial statements insulated him from liability for discrepancies or misstatements. Trump has argued that, if anything, his financial statements undervalued how much his properties were worth.

Persons: — Donald Trump, Letitia James ’, Jason Flemmons, Donald Bender, Bender, he'd, —, “, Flemmons, James, Trump, Judge Arthur Engoron, “ It’s, ” Flemmons, Steven Witkoff, Trump’s, ” Engoron, Donald Trump Jr, Allen Weisselberg, ” Trump, Eric, Donald Trump, ”, Michael Organizations: USA, York, Trump Organization, U.S . Securities, Exchange Commission, Trump, Ankura Consulting, Mazars, Republican Locations: New York, Lago, Florida, Trump’s Doral , Florida, Michael Sisak, x.com

He said he never worked on the annual financial statements at the heart of New York Attorney General Letitia James’ lawsuit. James alleges Donald Trump, his company and executives including Eric and Donald Jr. exaggerated his wealth by billions of dollars on financial statements given to banks, insurers and others. On Monday, Trump Jr. will be questioned first by the defense lawyers representing him, his father and other defendants. When he became president in 2017, Donald Trump handed day-to-day management of his company to Eric and Donald Trump Jr. and named Trump Jr. as a trustee of a trust he established to hold his assets while in office. “I had an obligation to listen to the people with intimate knowledge of those things,” Trump Jr. testified.

Persons: —, Donald Trump’s, Donald Trump Jr, who’ll, quizzed, Eric, Ivanka Trump, Letitia James ’, James, Donald Trump, Donald Jr, Judge Arthur Engoron, Michael Cohen, Engoron, Christopher Kise, ”, “, I’m, Trump, ’, ” Trump, Allen Weisselberg, Michael Organizations: Trump Organization, York, Trump, Democrat, New York, Trump Jr, ” Trump Jr Locations: New York, New, Michael Sisak, x.com

CNN —Ivanka Trump’s appearance Wednesday was the highly anticipated conclusion to an unprecedented eight days of witness testimony that included Donald Trump and three of his adult children in the civil fraud trial brought by the New York attorney general’s office. Ivanka Trump proposed a change to lower the net worth requirement to $2 billion, in an email Solomon showed in court. Solomon asked Ivanka Trump whether the value of her purchase option was factored into her father’s financial statement. Discussions between Ivanka Trump and Jared KushnerIvanka Trump and her husband Jared Kushner worked in Donald Trump’s White House as senior advisers to the president. In addition to the Trump family, the attorney general’s office called former Trump Org.

Persons: Donald Trump, Trump, Donald Trump Jr, Eric Trump, Ivanka Trump, Louis Solomon, Solomon, Donald Trump’s, ” Ivanka Trump, ”, Jared Kushner Ivanka Trump, Jared Kushner, Kushner, “, they’d, Allen Weisselberg, Jeff McConney –, ” Michael Cohen, Weisselberg, Arthur Engoron, – Engoron, Ivanka, ” Trump Organizations: CNN, New, Trump Organization, Deutsche Bank, Doral, Trump, Deutsche Bank’s, Deutsche, Capital, Post, Trump International, Trump Org, Ivanka Trump, ” Locations: New York, Ivanka, Florida, Doral, Washington

Making the witness stand at his New York civil trial his podium, the former president laid into the presiding judge and the state attorney general who sued him. “He ruled against me without knowing anything about me,” Trump testified. Trump testified that he typically kept $300 million to $400 million in the bank, saying: “I’ve had a lot of cash for a long time." “They were not really documents that the banks paid much attention to,” Trump testified. “It was a sad, very sad thing," Trump testified.

Persons: — Donald Trump, Letitia James ’, ” —, Arthur Engoron, ” Trump, “, Engoron, “ I’m, ” Engoron, Trump, should've, “ I’ve, Allen Weisselberg, You’ve, Weisselberg, he’d, General James, sneered, James “, Kevin Wallace, James ’, ” James, James, ” Organizations: Republican, Trump, Trump Organization, “, New York Locations: York, China, Russia, United States, Manhattan

☆ Developments in Trump’s galaxy of legal problems, explained
▼ + stars: | 2023-11-04 | by ( Zachary Wolf | ) edition.cnn.com time to read: +15 min

CNN —Try to keep track of the galaxy of former President Donald Trump’s legal problems. The trial marks the first of Trump’s criminal cases expected to proceed. Federal criminal court in Florida: Mishandling classified materialTrump has pleaded not guilty to 37 federal charges brought by Smith over his alleged mishandling of classified documents. A federal judge threw out the lawsuit in November 2022. A New York judge dismissed The New York Times from Trump’s lawsuit regarding disclosure of his tax returns and ordered Trump to pay the newspaper’s legal fees.

Persons: Donald Trump’s, Trump, Teddy Roosevelt, Roosevelt, Woodrow Wilson, Barnes, Doris A, Lawrence H, Budner Theodore Roosevelt, Congress Trump, Letitia James, Judge Arthur Engoron, Donald Jr, Eric, Ivanka, Sarah B, Wallace, Jack Dempsey, Jean Carroll, Jack Smith’s, Joe Biden, Tanya Chutkan, Obama, Chutkan, Stormy Daniels, Attorney Alvin Bragg, Daniels, Michael Cohen, Juan Merchan, Fani Willis, Brad Raffensperger, Jenna Ellis, John Bazemore, Sidney Powell, Kenneth Chesebro, Ellis, Powell, Chesebro, Smith, Allen Weisselberg, Weisselberg, Peter Strzok, Michael Cohen’s, Cohen, William Barr, Judge Lewis Liman, Mary Trump Organizations: CNN, Trump, White House, New York Republican, White, Progressive, DeGolyer Library, Southern Methodist, Congress, New, . New York, Colorado voters, Capitol Police, Minnesota’s, Federal, Iowa Republicans, Supreme, Prosecutors, Manhattan, Attorney, Fulton, Georgia, Republican, Department of Justice, . Justice Department, Reuters, National Archives, Trump Organization, Former Trump Organization, US Capitol Police, Metropolitan Police, FBI, Justice Department, New York Times Locations: New York, Colorado, Washington , DC, Florida, Michigan, Washington ,, Washington, Colorado’s, Denver, Manhattan, Iowa, DC, York, Georgia, Coffee County , Georgia, Atlanta, nemeses, Trump's, Lago, Mar, Bedminster , New Jersey, Rikers

Since the trial began in late September, Trump has been fined twice by Judge Arthur Engoron for breaking a gag order that bars him from making public comments about the judge’s staff, stormed out of the courtroom and been made to watch as two of his sons, Donald Trump Jr. and Eric Trump, testified this week. His daughter Ivanka Trump is slated to testify on Tuesday. Both sons held the title of executive vice president after their father was elected president. Eric Trump, who maintained more direct involvement in the company, provided more detailed testimony and was at times chippy in his responses to prosecutors who sought to tease out his specific role. During testimony on Friday, he acknowledged he was aware of the Trump Organization's statements of financial condition as far back as 2013 after repeatedly denying knowledge of them.

Persons: Donald Trump, Trump, Letitia James, James, –, ”, Barbara Perry, ” Perry, “, Judge Arthur Engoron, Donald Trump Jr, Eric Trump, Ivanka Trump, he’s, Donald Trump's, “ It's, He’s, Allen Weisselberg, Donald Bender Organizations: Trump, New York, University of Virginia’s Miller Center Locations: Manhattan, New York

☆ Son burn: Donald Trump Jr. learns on the stand that AG wants even more fraud penalties thanks to his $60M golf-course sale
▼ + stars: | 2023-11-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Donald Trump, Jr., completed two days of testimony in the Trump civil fraud trial in New York. AdvertisementAdvertisementNew York officials want even higher penalties from Donald Trump than the $250 million they've already said they're seeking, it was revealed during testimony Thursday by Donald Trump, Jr. It was signed by Donald Trump Jr., president of Trump Ferry Point LLC, which held the lease. There was another flurry of objections, cut short when Donald Trump, Jr. cheerfully mooted the dispute by cracking, "I didn't make any." AdvertisementAdvertisementThe AG's office has said it will ask for a total of at least $250 million in total "disgorgement" from her lawsuit's defendants: Donald Trump, Donald Trump, Jr., Eric Trump, and longtime Trump Organization executives Allen Weisselberg and Jeffrey McConney.

Persons: Donald Trump , Jr, Eric Trump, —, Donald Trump, Trump, Colleen Faherty, Letitia James, Donald Trump Jr, I'm, Faherty, It's, James, Christopher Kise, Arthur Engoron, Allen Weisselberg, Jeffrey McConney Organizations: Service, Trump, New, longtime Trump Organization, Post, Trump International Hotel Locations: New York, Bronx, York, Manhattan, Trump Ferry, Washington ,

NEW YORK (AP) — When Donald Trump became president in 2017, he handed day-to-day management of his real estate empire to his eldest sons, Donald Jr. and Eric. State lawyers are expected to rest their case after that, giving Trump's lawyers a chance to call their own witnesses. Political Cartoons View All 1227 ImagesDonald Trump Jr. and Eric Trump are both executive vice presidents at the Trump Organization and defendants in James' lawsuit. Eric has oversight over the company's operations while Donald Trump Jr. has been involved in running the company’s property development. Donald Trump Jr. and Eric Trump have already been heard from at the trial, albeit in snippets of prior testimony.

Persons: Donald Trump, Donald Jr, Eric, Donald Trump Jr, Eric Trump, Letitia James ’, James, Donald Trump —, —, Ivanka Trump, Allen Weisselberg, Trump, Judge Arthur Engoron, He’s, hasn’t, he’s, doesn’t, Engoron, ” Donald Trump Jr, Eric Trump’s, David McArdle, McArdle, Donald Trump’s, who's, he'd, ”, “, I’ve, Cushman, ” Donald Trump, Jennifer Peltz Organizations: Trump, Republican, Trump Organization, White, New, Trump Jr, Associated Locations: New York, New, ”, Newsmax, New York City, Wharton, Sisak, x.com

NEW YORK (AP) — A New York judge said Thursday he would take a fuller look at Donald Trump’s out-of-court comments and reconsider a $10,000 fine he imposed on the former president a day earlier at his civil fraud trial. The development came after Trump’s lawyers urged Judge Arthur Engoron to rethink the penalty. She sits next to Engoron, and Trump’s lawyers had groused a bit earlier about the clerk’s facial expressions and role in the case. Trump’s lawyers insisted anew Thursday that Trump was talking about Cohen. They pointed out that right after his reference to the person “sitting alongside” the judge, Trump said: “We are doing very well, the facts are speaking very loud.

Persons: Donald Trump’s, Arthur Engoron, Engoron, Trump, Michael Cohen —, Cohen, ”, Christopher Kise, “, ” Kise, I’ve, Letitia James, Allen Weisselberg, James Organizations: Trump, Republican, Democrat, New York Locations: York, New York

Companies Trump Organization Inc FollowNEW YORK, Oct 24 (Reuters) - Donald Trump's former lawyer and fixer Michael Cohen testified on Tuesday that he manipulated the values of the former U.S. president's real estate properties to match "whatever number Mr. Trump told us." Testifying as a key witness in New York Attorney General Letitia James' civil fraud case against Trump, Cohen said Trump tasked him and other former Trump Organization executives with doctoring financial statements to boost the value of the company's holdings and secure better real estate premiums. Speaking to reporters outside the courtroom when the trial ended for the day, Trump called Cohen a "disgraceful fellow." During about a half hour of cross-examination on Tuesday, Cohen - a disbarred lawyer - rattled off case law to support an objection by the attorney general to a question by Trump lawyer Alina Habba. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization.

Persons: Donald Trump's, Michael Cohen, Trump, Letitia James, Cohen, I'm, intently, Allen Weisselberg, James, Donald, COHEN, Colleen Faherty, Alina Habba, Nixon, Richard Nixon, Arthur Engoron, Engoron, Donald Jr, Eric, Jack Queen, Luc Cohen, Noeleen Walder, Nick Zieminski, Lisa Shumaker, Rod Nickel Organizations: Companies Trump Organization, Trump, Trump Organization, Democrat, Court, REUTERS, Supreme, Thomson Locations: U.S, New, New York, Manhattan, New York City, Russia, United States

☆ What Michael Cohen said about his testimony and why it matters in the Trump fraud trial
▼ + stars: | 2023-10-25 | by ( Jeremy Herb | ) edition.cnn.com time to read: +3 min

New York CNN —An apparent backtrack by Donald Trump’s ex-lawyer and fixer Michael Cohen threw the New York civil fraud trial into more chaos Wednesday afternoon. But after lunch, Cliff Robert, another Trump attorney, pressed Cohen further on his congressional testimony, and Cohen had a different response, saying that the testimony was not false. “The witness just admitted that we won the trial,” Trump told reporters in the hallway. “And the judge should end this trial immediately.”The New York attorney general’s lawyers asked Cohen in follow up questions to clarify his response. New York Attorney General Letitia James downplayed Cohen’s significance to her case against Trump in comments to reporters at the conclusion of Cohen’s two-day testimony.

Persons: Donald Trump’s, Michael Cohen, Cohen, Trump, Alina Habba, “, Allen Weisselberg, Cliff Robert, ” Robert, ” Cohen, Judge Arthur Engoron, ” Trump, ”, Robert, ” “, ” Engoron, Engoron, didn’t, Letitia James, Cohen’s, ” James, “ It’s Organizations: New, New York CNN, Trump, Trump Organization, CNN, New York Locations: New York

With Trump sitting feet away, Trump’s one-time lawyer and fixer described how he manipulated Trump’s financial statements – “reverse-engineering” them to hit an arbitrary net worth. We’re not worried at all about his testimony,” Trump said during a lunch break. The tense questioning is going to continue into Wednesday, as Habba hadn’t even started on the substance of Cohen’s testimony in the civil fraud trial. In the July 2014 letter submitting a bid to buy the Bills, Trump claimed his net worth was $8 billion. Before Engoron’s ruling, the state attorneys and Trump’s lawyers clashed over Michael Cohen’s testimony about the letter.

Persons: CNN — Michael Cohen, Donald Trump, Trump, –, Cohen, Trump’s, he’d, Quickly, intently, “, ” “ It’s, We’re, ” Trump, “ Heck, ”, Allen Weisselberg, ” Cohen, Allen, Alina Habba, Chris Kise, Habba, ” Cohen sneered, ” Habba, ” Kise, hadn’t, “ Mr, you’re, ’ you’re, Michael Cohen, Eric Trump, Arthur Engoron, general’s, ” Engoron, overruling, Engoron’s, Michael Cohen’s, Kise, Mazars, Bill Kelly, Tom Emmer, Emmer, RINO Tom Emmer, he’s Organizations: CNN, Trump, Trump Organization, Mr, United Nations Plaza, Miss, New, Buffalo Bills, Bills, Minnesota GOP Locations: York, Seven Springs, New York, Washington ,

☆ Michael Cohen's fraud trial bombshell: Trump had me inflate his total assets based on a number he 'arbitrarily' picked
▼ + stars: | 2023-10-24 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Cohen was called as a key witness in Trump's New York civil fraud trial. "And my responsibility, along with Allen Weisselberg, primarily, was to reverse engineer" the value of Trump Organization assets, Cohen added, "in order to achieve the number that Mr. Trump tasked us." Asked by Faherty what he meant by "whatever number," Cohen did not miss a beat in answering. AdvertisementAdvertisementIt's James' investigation that led to the fraud lawsuit against Trump, Trump Organization, and four longtime company executives – including Trump's two eldest sons – that is now being tried. Throughout his testimony, Cohen repeatedly referred to Trump by full name, "Donald J. Trump," even as Faherty asked him who was his legal client and his Trump Organization employer prior to 2019.

Persons: Trump, Michael Cohen, Cohen, —, Donald Trump, general's, Cohen intoned, Colleen Faherty, Letitia James, Allen Weisselberg, James, –, Manhattan DA's Cohen, Stormy Daniels, Trump . Cohen, Daniels, Susan Hoffinger, Donald J, Faherty Organizations: Service, Mr, New York, Trump Organization, Manhattan District, Trump, Manhattan, Trump . Locations: Trump's New York, Manhattan, New York

☆ Michael Cohen says Trump execs called themselves the 'Gang of Four' like the radical Maoists convicted in 1981
▼ + stars: | 2023-10-24 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Trump's NY fraud trial began its fourth week with testimony by fixer-turned-foe Michael Cohen. A decade ago, he and three other Trump execs called themselves the "Gang of Four," Cohen said. The first Gang of Four, a group of Maoist radicals, got convicted in a highly-publicized show trial. AdvertisementAdvertisementThe "gang" was comprised of four of Trump Org executive vice presidents, including Cohen, then Trump's special counsel. "I was tasked by Mr. Trump to increase the total assets based upon a number that he arbitrarily elected," Cohen testified.

Persons: fixer, Michael Cohen, Cohen, —, Trump, Colleen Faherty, Letitia James, Matt Calamari, Ron Lieberman, Allen Weisselberg, Cohen didn't, Aon, general's Organizations: Trump, Service, Trump Organization, Trump Org, Aon Insurance, New York, AG, of, Mr Locations: New York

Tuesday, Trump and Cohen are expected to be face to face in a New York courtroom as Cohen delivers testimony as part of the New York attorney general’s civil fraud case against the former president. When Cohen takes the stand, he will face down a very angry Donald Trump. Cohen is expected to testify about meetings with former Trump Organization Chief Financial Officer Allen Weisselberg and Trump regarding Trump’s financial statements and net worth. Cohen has claimed there were meetings with Weisselberg and Trump about Trump’s net worth before the financial statements were filed. Eric Trump said in a deposition for the case that he didn’t remember being involved in any appraisals for Trump properties.

Persons: CNN — Michael Cohen, Donald Trump’s, Cohen, Trump’s, ”, Trump, Donald Trump, ” Cohen, Letitia James, Michael Cohen, Eric Trump, CNN Trump, Judge Arthur Engoron –, –, Engoron, Allen Weisselberg, Weisselberg, “, Colleen Faherty, Attorney Alvin Bragg, Karen McDougal, Stormy Daniels, Bill Kelly, Mazars, Jeff McConney, Cushman & Wakefield, Ivanka Trump Organizations: CNN, Trump, New, New York, Trump Organization, Weisselberg, Trump ., Manhattan, Attorney, Playboy, Cushman &, Seven, Trump National Golf Locations: New York, Briarcliff Manor , New York

Political Cartoons View All 1211 ImagesMcArdle said he was asked to figure out what the property would be worth if the Trump Organization built 71 high-end townhomes there, and he got substantial input from Eric Trump. McArdle said Thursday that Eric Trump may have had a “more lofty value" in mind, but a higher number wouldn't have been credible. Trump's financial statements went on to list the golf course at values sometimes topping $100 million, according to James' lawsuit. Both Eric and Donald Trump have attended some parts of the trial but weren't there Thursday. Earlier in the trial, retired Deutsche Bank official Nicholas Haigh testified that Trump’s financial statements were key to approvals for hundreds of millions of dollars in loans in 2011 and 2012.

Persons: Donald Trump's, Eric, Letitia James, Trump, Eric Trump, David McArdle, McArdle, “ Eric, ” McArdle, wasn't, ”, didn't, James, Donald Trump, Jack Weisselberg, Allen Weisselberg, Trump's, Weisselberg, Nicholas Haigh, Haigh, Judge Arthur Engoron, Michael R Organizations: New York, Republican, Trump Organization, Trump National Golf, Trump, Deutsche Bank, Associated Press Locations: New York, New, Westchester County, Briarcliff Manor , New York, Wakefield, Sisak

☆ New York AG demands evidence review after top Trump exec is accused of lying in fraud trial
▼ + stars: | 2023-10-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

New York Attorney General Letitia James' office suggested Thursday that the Trump Organization failed to produce evidence in the $250 million fraud trial of Donald Trump and his company, citing a recent report accusing a key witness of lying under oath. The attorney general's suit accuses Trump, his sons Donald Trump Jr. and Eric Trump, the Trump Organization and top executives of misstating the true values of properties to obtain tax advantages and better terms on loans and insurance. Wallace, in his letter, proposed that an independent monitor conduct a forensic review of electronic data held by the Trump Organization from August to September 2016. The alleged failure to produce those emails follows "multiple affidavits on behalf of the Trump Organization attesting to the completion of their production obligations," Wallace wrote. Weisselberg, who has been loyal to Trump, served jail time for tax fraud in a criminal case related to his work at the Trump Organization.

Persons: Allen Weisselberg, Donald, Letitia James, Donald Trump, Kevin Wallace, Judge Arthur Engoron, Trump's, Trump, Donald Trump Jr, Eric Trump, James, Wallace, Weisselberg, Forbes, Steven Ekovich, Engoron Organizations: New York, Trump Organization, Forbes Magazine, Forbes, Trump, Attorneys Locations: Manhattan, New York, Weisselberg, U.S

☆ Tempest in a triplex: Trump accused of failing to turn over fraud-trial documents relating to his NY penthouse
▼ + stars: | 2023-10-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

A civil fraud trial, at which Trump risks being banned from doing business in NY, is in week three. Evidence 'omissions' include emails to Forbes concerning the worth of Trump's NY penthouse. AdvertisementAdvertisementThe Trump Organization may have failed to turn over fraud-trial evidence relating to the size of Donald Trump's triplex penthouse, New York officials alleged on Thursday, in demanding a new "forensic" search of the company's business records. "In some instances, it's been pulling teeth to get documents," Wallace complained during a hearing in April of last year. But these had not been turned over by the Trump Organization, the letter said.

Persons: —, Donald Trump's, –, Forbes, Letitia James, James, Barbara Jones, Kevin C, Wallace, Arthur Engoron, Trump, week's Forbes, Allen Weisselberg, Weisselberg Organizations: Trump, Forbes, Service, Trump Organization, Trump Org, New York, The Trump Organization Locations: NY, New York, Trump, Manhattan

[1/3] Former U.S. President Donald Trump arrives at Trump Tower after giving a deposition to New York Attorney General Letitia James who sued him and his Trump Organization, in New York City, U.S., April 13, 2023. REUTERS/Bing Guan/File Photo Acquire Licensing RightsOct 17 (Reuters) - Donald Trump is set to appear in New York court on Tuesday for the third week of a civil fraud trial that could dismantle pillars of the former U.S. president’s business empire. The judge, Justice Arthur Engoron, found in September that Trump had engaged in fraud and ordered the dissolution of companies controlling crown jewels of his real estate portfolio, including Trump Tower in Manhattan. James is seeking at least $250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York and a five-year commercial real estate ban against Trump and the Trump Organization. Reporting by Jack Queen in New York; Editing by Noeleen Walder and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Letitia James, Bing Guan, Trump, Michael Cohen, Jack Weisselberg, Allen Weisselberg, James, Arthur Engoron, Donald Jr, Eric, Engoron, Jack Queen, Noeleen Walder, David Gregorio Our Organizations: U.S, Trump, New York, Trump Organization, REUTERS, Democratic New York, White, Thomson Locations: New, New York City, U.S, New York, Iowa, Manhattan

☆ Trump and NY AG Letitia James are fighting hard over one short but incriminating quote from his NY fraud trial
▼ + stars: | 2023-10-17 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

The testimony accuses Trump of personally ordering that his net worth "go up" each year. But in court papers filed Tuesday afternoon, New York Attorney General Letitia James pushed hard to keep it in the trial. Neither Weisselberg nor Trump – both defendants in James' massive fraud lawsuit – have yet been asked to verify what they allegedly said in this game-of-telephone relay. But in sworn depositions before the attorney general's office, both Weisselberg and Trump have minimized their own involvement in the drafting of the net worth statements. James is seeking repayment of some $250 million she says Trump pocketed in interest-rate savings and other benefits.

Persons: Trump, —, Donald Trump, he'd, Allen Weisselberg, Patrick Birney, Letitia James, James, Birney, Arthur Engoron, Engoron, Eric R, general's, Weisselberg, Eric Trump, Donald Trump , Jr, –, Haren Organizations: Service, New, Trump, New York Locations: New York

NEW YORK (AP) — Former President Donald Trump returns to a New York City courthouse Tuesday to be a spectator at the civil fraud trial threatening to disrupt his real estate empire. His appearance was initially supposed to coincide with testimony by Michael Cohen, his former attorney turned foe. But Cohen's planned appearance on the witness stand was delayed until at least next week, due to a health problem. Instead of Cohen, Trump's courtroom visit is likely to overlap with the resumption of testimony from his company's assistant controller, Donna Kidder. The trial concerns six remaining claims in the lawsuit, including allegations of conspiracy, insurance fraud and falsifying business records.

Persons: Donald Trump, Trump, Michael Cohen, Cohen's, Cohen, “, ” Cohen, Donald, Letitia James ’, Donna Kidder, Jack Weisselberg, Trump Organization Allen Weisselberg, James, Arthur Engoron Organizations: Trump, New York, Trump Organization, Ladder, Secret Service Locations: New York City, Manhattan, Washington

☆ Trump told Trump Org executives to make him look richer each year in annual net worth statements, testimony shows
▼ + stars: | 2023-10-16 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Trump's Manhattan civil fraud trial began week 3 on Monday with testimony by a Trump Org finance VP. He said CFO Allen Weisselberg told him, "Mr. Trump" wants his net worth numbers to go up each year. AdvertisementAdvertisement"Did Allen Weisselberg ever tell you that Mr. Trump wanted his net worth on the Statements of Financial Condition to go up?" Testimony by Patrick Birney, a assistant finance vice president at Trump Organization, helps link Donald Trump to what the New York attorney general calls a fraud conspiracy. AdvertisementAdvertisement"Allen Weisselberg told me Donald likes to see it go up in that period you just said," meaning 2017 - early 2020, Birney had told the AG's office in his deposition.

Persons: Allen Weisselberg, Trump, —, Donald Trump's, Patrick Birney, –, Letitia James, Eric R, James, Birney, Allen, Donald Trump, bombshells, Birney hadn't, Donald, Arthur Engoron Organizations: Trump Org, NY, Service, Monday, New York, New, Trump Organization, Trump Locations: New York

☆ Trump fraud judge cracks 'what's sauce for the goose...' joke in response to complaint about Michael Cohen's anti-Trump tweets
▼ + stars: | 2023-10-16 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Michael Cohen canceled this week's Trump fraud trial testimony due to a brief illness. A Trump lawyer complained in court that sick or not, Cohen continues to attack Trump online. "Well, talk about sauce for the goose is sauce for the gander," the judge quipped in response. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Well, we don't have a medical excuse," Trump attorney Christopher Kise responded, irritation in his voice.

Persons: Michael Cohen, Trump, Cohen, —, Donald Trump's, Arthur Engoron, Christopher Kise, levity, Letitia James, Banks, Allen Weisselberg, Kise, Donald, 1713709490925670484 Cohen, general's, podcaster Drew Grimaldi Organizations: Trump, gander, Service, New York, Trump Organization Locations: Manhattan, New York

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