DIRS.INFO The most relevant business & tech news

In a pretrial court filing, James’ office estimated that Trump exaggerated his wealth by as much as $3.6 billion. They've also called accountants Donald Bender and Camron Harris, whose firms Trump hired to prepare his financial statements. A retired Deutsche Bank official testified the financial statements were key to Trump securing hundreds of millions of dollars in loans. Weisselberg acknowledged that information in Trump’s financial statements wasn’t always accurate, such as valuing his penthouse based on the wrong size. In a decision last month, Engoron resolved the lawsuit's top claim, ruling that Trump committed years of fraud by inflating the value of assets in his financial statements.

Persons: — Donald Trump, Michael Cohen, Cohen, I’m, ” Cohen, Judge Arthur Engoron, It's, Trump, Letitia James, James ’, James, Eric, Donald Trump Jr, —, Allen Weisselberg, Jeffrey McConney, Weisselberg, ”, maligning, Patrick Birney, Mark Hawthorn, They've, Donald Bender, Camron Harris, wasn’t, “, Engoron, he'll, She's Organizations: New, Twitter, Trump, New York, Trump Organization, WHO, Longtime Trump Organization, Democrat, Deutsche Bank, Mar Locations: New York, Lago, Doral, Miami , Florida, Chicago, New York City, Manhattan, Georgia, Washington, Florida, __, Sisak, x.com

Eric Haren of the attorney general’s office showed the court several versions of internal spreadsheets from 2017 financial documents prepared by Trump Org. Ultimately the presidential premiums were never included on Trump’s financial statements. Birney, who was a senior financial analyst in 2016 when he joined Trump Org., still works there, now as vice president of financial operations. He reiterated his previous testimony that Weisselberg or former controller Jeffrey McConney would determine what methods were used to value assets that were included on Trump’s financial statements. Birney also testified that Weisselberg directed him to use low capitalization rates and top of the market comparable recent sales to value some of Trump’s assets.

Persons: Donald Trump’s, Eric Haren, Patrick Birney, Birney, Allen Weisselberg, Trump, Weisselberg, Letitia James, Jeffrey McConney Organizations: New, New York CNN — Trump Organization, Trump Org, Trump, Forbes, New York, Vornado Locations: New York

☆ Trump Org CFO Allen Weisselberg testifies it's a 'coincidence' that Trump is paying him $2 million severance
▼ + stars: | 2023-10-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Ex-Trump CFO Allen Weisselberg, a key fraud witness, resumed his trial testimony in NY on Thursday. His $2 million severance matches a fine he paid after keeping Trump safe in a 2022 tax-fraud trial. The witness, former Trump Organization CFO Allen Weisselberg, is almost half-way through collecting the installments of a two-year, $2 million severance package, testimony has already shown. after a New York trial in which a prosecutor accused him of shading the truth on Trump's behalf. The attorney general is seeking to bar Trump and Trump Organization from ever running a business in New York again.

Persons: Allen Weisselberg, Letitia James, Trump, —, general's, Donald Trump, Weisselberg, Louis M, Solomon, James, Jeffrey McConney, Arthur Engoron Organizations: Trump, Service, Trump Organization, Trump Org Locations: NY, York, Manhattan, Trump, New York

NEW YORK (AP) — Donald Trump will back in court next week for his New York civil fraud trial, a person familiar with the former president’s plans told The Associated Press on Thursday, setting up a potential face-to-face showdown with fixer-turned-foe Michael Cohen, who is expected to testify. Trump is expected to attend the non-jury trial Tuesday through Thursday next week, according to the person who confirmed the plans, which were first reported by news website The Messenger. Outside, Trump decried the civil trial a “sham,” a “scam,” and “a continuation of the single greatest witch hunt of all time.” His campaign, meanwhile, attempted to capitalize with fundraising appeals tied to the proceedings. Trump isn’t required to be in court for the civil trial until he is called to testify in the few weeks. The civil trial, which doesn't have a jury because one is not required under the law, concerns allegations of conspiracy, insurance fraud and falsifying business records.

Persons: — Donald Trump, Michael Cohen, Trump, “ It’s, Cohen, Donald, Letitia James ’, ”, James, Allen Weisselberg, Jeffrey McConney, Donald Bender, Nicholas Haigh, general's, Trump’s, “, he's, Arthur Engoron, Engoron, __ Colvin Organizations: New, Associated Press, Trump, Secret Service, New York, Democrat, White, Trump Organization Locations: New York, Manhattan, New, Congress, Washington

Trump's longtime finance chief, Allen Weisselberg, acknowledged in testimony Tuesday that information in the financial statements wasn't always accurate. The disclaimers say, among other things, that the financial statements aren't audited and that others “might reach different conclusions” about Trump's financial position if they had more information. It’s the first time a bank official has testified in court about the impact Trump’s financial statements had on his ability to obtain loans. Haigh said he reviewed Trump’s financial statements before approving the loans and, at the time, had no reason to doubt their validity. “I assumed that the representations of the assets and liabilities were broadly accurate," Haigh said of Trump’s financial statements.

Persons: — Donald Trump, Trump’s, Nicholas Haigh, ”, Haigh, “, Allen Weisselberg, wasn't, Trump, weren't, Letitia James ’, ” Trump, Jesus M, Suarez, ” Haigh, He's, Arthur Engoron, Engoron, James Organizations: Deutsche Bank, Trump, Trump Organization, Deutsche, Doral, Republican, Democrat Locations: York, Doral , Florida, Chicago, New, Miami, Wabash, Trump, New York

☆ The Trump 'haircut': yes, Deutsche Bank really used this term in reducing what Trump said he was worth
▼ + stars: | 2023-10-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

On Wednesday, state officials called former Deutsche Bank banker Nicholas Haigh to the stand. He described the so-called Trump "haircut": routinely applied reductions to Trump's stated worth. AdvertisementAdvertisementThey called it the Trump "haircut." An excerpt from Deutsche Bank's internal records, showing the difference in what Trump's self-reported net-worth and his "haircut" worth. The attorney general countered that in lending to Trump, Deutsche Bank relied on both Trump's adjusted, worst-case, "haircut" worth and his self-reported worth.

Persons: Nicholas Haigh, —, Deutsche Bank – Donald Trump's, –, Kevin Wallace, Haigh, Trump, Bauer, Griffin, Eric Trump's, James, – Trump, Allen Weisselberg Organizations: Trump Org, Deutsche Bank, Service, Trump's, Deutsche, DB, New York Attorney, Trump, . Deutsche Bank, Trump National Doral, Trump International Hotel, Tower, Post, Trump Organization, AaronP, NY, Deutche Bank Locations: NY, York, Trump National Doral Miami, Chicago, Washington ,, Springs, New York

☆ Allen Weisselberg, Trump's loyal ex-CFO, calls tripling the size of Trump's penthouse in financial records a 'minor' mistake
▼ + stars: | 2023-10-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's loyal ex-CFO, Allen Weisselberg, began court-ordered testimony in the NY civil fraud trial. On the stand Tuesday, Weisselberg called tripling the size of Trump's penthouse a "minor" mistake. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisement"I don't recall," Weisselberg answered. Asked if, once put on the alert by Forbes, he ever thought to quickly and conveniently check the files right outside his door, Weisselberg answered, "I don't recall."

Persons: Trump's, Allen Weisselberg, Weisselberg, —, Letitia James, Donald Trump's, Trump, James, Louis M, Solomon, Forbes, Donald Trump , Jr, Eric Trump –, Arthur Engoron, Engoron Organizations: Service, New York, Trump Organization's, Trump Org, Forbes, Deutsche Bank, Trump, New Locations: Manhattan's, Manhattan, Trump, New York

Now, after a recent jail stint for tax fraud, Weisselberg is front and center again — set to testify Tuesday in the civil trial in New York Attorney General Letitia James’ fraud lawsuit against Trump and his company, the Trump Organization. James' lawsuit alleges that Weisselberg engineered Trump’s financial statements to meet his demands that they show increases in his net worth and signed off on lofty valuations for assets despite appraisals to the contrary. “Over the last number of months, it’s been I’m sure well-documented and well-known that I’ve been through quite a bit,” Weisselberg testified in a May deposition in the civil case. Weisselberg testified that he was having trouble sleeping, started seeing a therapist and was taking a generic form of Valium as he tried to “re-acclimate myself back to society." He might say magnificent,” Weisselberg testified.

Persons: Donald Trump’s, Allen Weisselberg, —, Letitia James ’, James, Weisselberg, Trump, Trump’s, it’s, ” Weisselberg, “, he’s, ” Jeffrey McConney, McConney, Arthur Engoron, Engoron, Fred, Donald Trump Organizations: Trump, Trump Organization, New, Trump Organization’s, Social Security Locations: New, Manhattan, New York City, Trump, New York, Sisak, x.com

☆ Former Trump Org exec testified he accounted for multi-million dollar mansions not yet built when valuing a company at the request of Eric Trump
▼ + stars: | 2023-10-07 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

He said Eric Trump directed him to account for unbuilt mansions to inflate the value of a property. McConney detailed other methods he used to make Trump properties appear more valuable. AdvertisementAdvertisementA former Trump Organization controller testified that Eric Trump asked him to take into account homes not yet built by the company in order to inflate Trump's property values. McConney said he did this after a phone conversation with Eric Trump, who now serves as Executive Vice President for the Trump Organization. Attorneys for Donald Trump and Eric Trump did not immediately respond to a request for comment from Insider.

Persons: Jeffrey McConney, Eric Trump, —, Donald Trump, Arthur Engoron, Amer, McConney, NY Attorney General's, Andrew Amer, Allen Weisselberg Organizations: Trump Organization, Service, CNN, ABC, NY Attorney, McConney, Trump, Trump Org Locations: York, Westchester County , New York

CNN —The former controller of the Trump Organization says that Eric Trump directed him to make certain decisions that led to the inflated valuations of several Trump properties. Jeff McConney, also a co-defendant of former President Donald Trump, Eric Trump and Donald Trump Jr., testified Friday as the first week of the civil fraud trial came to an end. (Attorneys for Eric Trump have argued he was not aware that any phone conversations with McConney were used to formulate value assets in the financial statements for Trump properties.) McConney testified that he did not know at the time that Trump had deeded away his right to develop the property beyond its use as a social club in 2005. He said he did this at the direction of Eric Trump, who oversaw the project.

Persons: Eric Trump, Jeff McConney, Donald Trump, Donald Trump Jr, McConney, Arthur Engoron’s, “, ” Trump, Christopher Kise, Allen Weisselberg, Andrew Amer, Trump, Weisselberg, Amer, ” McConney, Briarcliff, he’d Organizations: CNN, Trump Organization, Trump, Internal Trump Org, New, Trump National Golf Club Westchester Locations: New York, Seven, Trump, Springs, Briarcliff , New York

Donald Trump's ex-accountant spent three hours recognizing documents on Tuesday. AdvertisementAdvertisementThe New York attorney general and Donald Trump's lawyers used dynamic visuals and bombastic language to savage one another in court on Monday. Come Tuesday morning, the state found itself having to spend three hours asking Trump's former accountant Donald Bender to authenticate documents. He'd ask Bender if he recognized the signature of Trump Organization executive Allen Weisselberg, which was helpfully labeled "Allen Weisselberg," and that of Donald Trump Jr., helpfully labeled "Donald Trump Jr."AdvertisementAdvertisementBender, with his eye for detail, always did. James is hoping the trial brings $250 million in penalties and that Trump and his adult sons are banned from ever running a business in New York state again.

Persons: Donald Trump's, Donald Bender's, Trump, —, Donald Bender, Bender, Bender —, Allen Weisselberg, Donald Trump Jr, Arthur Engoron, Engoron, Letitia James, Alina Habba, Habba, Chris Kise —, James Organizations: Service, Trump Organization, New York, Trump Locations: York, New York

☆ New York Attorney General's Fraud Case Against Donald Trump
▼ + stars: | 2023-10-02 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

(Reuters) - Donald Trump, his adult sons, the Trump Organization and others will go on trial on Monday in a New York state court in Manhattan, in a civil fraud case brought by state Attorney General Letitia James. August 2022: Trump testifies under oath in a deposition, and invokes his right against self-incrimination more than 400 times. Sept. 21, 2022: James sues Trump, his three adult children, the Trump Organization, former Trump Organization chief financial officer Allen Weisselberg and others. Jan. 6, 2023: Engoron refuses to dismiss James' case, rejecting defense claims that she waited too long to sue and did not establish fraud. March 3, 2023: Trump seeks to delay James' case by six months, citing "fundamental fairness and due process" given the "staggering" volume of materials.

Persons: Donald Trump, Letitia James, Trump, James, Donald Trump's, Eric Trump, Arthur Engoron, Donald Trump Jr, Ivanka Trump, Engoron, Allen Weisselberg, Hunt, Jonathan Stempel, Noeleen Walder, Daniel Wallis Organizations: Reuters, Trump Organization, Manhattan Supreme, Trump, Division Locations: New York, Manhattan, Lago, Florida

☆ Watch the deposition tapes of Donald Trump, Don Jr., Eric Trump, Michael Cohen, and Allen Weisselberg in the NY civil fraud case
▼ + stars: | 2023-10-02 | by ( Kelsey Vlamis | Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Donald Trump's New York civil fraud trial kicked off on Monday. Clips from the depositions of Trump, his adult sons, Michael Cohen, and Allen Weisselberg were shown. AdvertisementAdvertisementFormer President Donald Trump's civil fraud trial in New York kicked off Monday, featuring video depositions from several of the Trumps. In its opening statement, New York Attorney General Letitia James's office included the deposition tapes of Trump and his sons Donald Trump Jr. and Eric Trump. Trump, his adult sons, and Ivanka Trump are also expected to testify as witnesses in the trial, which is expected to last until late December.

Persons: Donald Trump's, Trump, Michael Cohen, Allen Weisselberg, —, Arthur Engoron, Letitia James's, Donald Trump Jr, Eric Trump, Ivanka Trump Organizations: Service, New York, Trump Organization Locations: York, New York

CNN —Former President Donald Trump will be in attendance Monday in a New York courtroom for the start of the civil fraud trial against him, his eldest sons, their companies and Trump Organization executives. What’s the impact of the fraud ruling? While Trump can opt to waive his presence at the civil trial, attorneys for the former president have indicated that he is eager to testify in court. Two criminal cases against Trump are scheduled for trial in March in New York and Washington, DC. Smith’s case alleging Trump mishandled classified documents is slated to go to trial in Florida federal court in late May.

Persons: Donald Trump, Judge Arthur Engoron, Trump, Letitia James, Engoron, James ’, Chris Kise, “, Kise, Donald Bender, general’s, Allen Weisselberg, Ivanka Trump, Michael Cohen, Weisselberg, who’s, E, Jean Carroll, Carroll, Jack Smith, teeing Organizations: CNN, Trump Organization, New York, Trump, Mar, longtime Trump Organization, Yorkers, Unified Court System, New, DC Locations: New York, York, Rikers, Manhattan, Washington, DC, Florida, Fulton County , Georgia

☆ New York attorney general's fraud case against Donald Trump
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +4 min

April 2022: Engoron holds Trump in contempt for being too slow to respond to a subpoena for documents. August 2022: Trump testifies under oath in a deposition, and invokes his right against self-incrimination more than 400 times. Sept. 21, 2022: James sues Trump, his three adult children, the Trump Organization, former Trump Organization chief financial officer Allen Weisselberg and others. Jan. 6, 2023: Engoron refuses to dismiss James' case, rejecting defense claims that she waited too long to sue and did not establish fraud. March 3, 2023: Trump seeks to delay James' case by six months, citing "fundamental fairness and due process" given the "staggering" volume of materials.

Persons: Donald Trump, Eric Trump, Trump's, Stormy Daniels, Letitia James, Trump, James, Donald Trump's, Arthur Engoron, Donald Trump Jr, Ivanka Trump, Engoron, Allen Weisselberg, Hunt, Jonathan Stempel, Noeleen Walder, Daniel Wallis Organizations: U.S, Trump, REUTERS, Trump Organization, Manhattan Supreme, Division, Thomson Locations: Manhattan, New York City, U.S, New York, Lago, Florida

☆ Trump's NY fraud trial starts today. Here's why it matters, even though the judge already found fraud.
▼ + stars: | 2023-10-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

New York's massive, $250 million fraud lawsuit against Donald Trump and Trump Org goes to trial Monday. Some weeks later, Eric Trump, Donald Trump, Jr., and Donald J. Trump must take the stand, in that order, and in post positions 25-27 out of the AG's total of 28 direct-case witnesses. But one thing that was clear about the decision is that fraud – lots of it – was found on the part of Donald Trump. Donald Trump Jr., left, and Eric Trump. She wants the judge to permanently ban not just Trump but Eric Trump and Donald Trump, Jr. from ever serving as an officer or director of any New York corporation.

Persons: Donald Trump, Trump, —, Donald Trump's, Christopher Kise, Kise, Letitia James, Ivanka Trump, Eric Trump, Donald Trump , Jr, Donald J, Arthur Engoron, –, Donald Trump ., Jeffrey McConney, Allen Weisselberg, Donald Trump Jr, Chip Somodevilla, James, Weisselberg, McConney, Kevin Wallace, Engoron Organizations: Trump Org, Service, Trump Organization, New York, Trump, New, Trump Revocable Locations: Manhattan, Springs, New York's Westchester County, York, New York

☆ Trump arrives at New York court for $250 million fraud trial
▼ + stars: | 2023-10-02 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Seth Wenig | ReutersThe $250 million civil fraud trial that could see former President Donald Trump permanently banned from doing business in New York began Monday. The trial comes a year after New York Attorney General Letitia James sued him, his company, three of his adult children, and top Trump Organization officials. Trump, who is seeking the 2024 GOP presidential nomination, arrived at Manhattan Supreme Court for the start of the trial. Engoron in that ruling canceled the defendants' New York business certificates and ordered an independent receiver to oversee their dissolution. A box is carried as the civil fraud trial of former President Donald Trump is set to begin at New York State Supreme Court on October 02, 2023 in New York City.

Persons: Donald Trump, Letitia James, Seth Wenig, James, Trump, Judge Arthur Engoron, Kevin Wallace, Wallace, Allen Weisselberg, Michael Cohen, Cohen, Christopher Kise, Kise, Michael M Organizations: U.S, Trump Organization, Reuters, New York, Manhattan Supreme, Trump, New, Trump Org, Forbes, Forbes Magazine, Court, Santiago, Getty Locations: Manhattan, New York City, U.S, New, New York, State

☆ Trump and family deny responsibility for fudging Trump Org numbers in previously unseen deposition video shown by New York AG at trial
▼ + stars: | 2023-10-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementLawyers from the New York Attorney General's office confronted former President Donald Trump in court Monday, showing a previously unseen deposition video where he denies responsibility for the property valuations in his own company. Moments earlier, Kevin C. Wallace, the attorney general's office lawyer presenting the opening statement, had shown a different deposition video of Weisselberg. Another lawyer from the attorney general's office asked if he was familiar with GAAP. The juxtaposition got to the heart of New York Attorney General Letitia James's lawsuit against Trump, Eric Trump, Donald Trump Jr., Weisselberg, and executive Jeff McConney. Cohen is scheduled to testify as a witness against Trump later in the New York trial, which is set to last until December 22.

Persons: Donald Trump, Eric, Don Jr, Trump, —, Allen Weisselberg, Kevin C, Wallace, Weisselberg, Letitia James's, Eric Trump, Donald Trump Jr, Jeff McConney, Letitia James Getty, Jean Carroll, Michael Cohen, Cohen, James, Jason Miller, Steven Cheung, doze, Chris Kise, Arthur Egoron, who's, Arthur Engoron, Engoron Organizations: Service, New York Attorney, Trump Organization, Trump, York, New York, Wharton Locations: New York, Manhattan, Florida

☆ Trump and his 3 eldest children will testify at his business-fraud trial. Here's the whole list.
▼ + stars: | 2023-09-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Now, she must testify against her father and brothers Donald Trump, Jr., and Eric Trump, who remain as plaintiffs. AdvertisementAdvertisementThere are 25 witnesses in all on James' list, including Trump corporate employees, lenders, insurers, and appraisers, all compelled by subpoena to testify. The list indicates that on their direct defense case, Trump's side, too, intends to call Donald Trump and Eric Trump, who continues to manage the Trump Organization. They do not list Ivanka Trump and Donald Trump, Jr., as witnesses. The trial will determine whether the other defendants, including Eric Trump and Donald Trump, Jr., a Trump Org executive vice president and trustee, are also liable for fraud.

Persons: Trump, Letitia James, —, Donald Trump, Ivanka Trump, she's, Donald Trump , Jr, Eric Trump, Donald Bender, Trump's, Bender, James, Mazars, Jeffrey McConney, Allen Weisselberg, Michael Cohen, Arthur Engoron, Donald Trump's, Engoron Organizations: Service, Trump Organization, Deutsche Bank, Trump Org's, Post, Mazars USA, Trump, New, Trump Org Locations: NYC, Manhattan, Washington, York, New York

Former U.S. President and Republican presidential candidate Donald Trump speaks during a 2024 presidential campaign rally in Dubuque, Iowa, U.S. September 20, 2023. REUTERS/Scott Morgan/File Photo Acquire Licensing RightsNEW YORK, Sept 28 (Reuters) - A New York appeals court on Thursday refused to delay Donald Trump's scheduled Oct. 2 civil fraud trial, after the former U.S. president accused the trial judge of wrongly refusing to throw out most of the case. In a brief order, a five-judge panel of the Appellate Division, a mid-level appeals court in Manhattan, denied Trump's motion to postpone the trial. Engoron's decision on Tuesday showed that he believed the appeals court ruling had little effect on James' case. Donald Trump and his adult sons appear on both lists, as do former Trump Organization Chief Financial Officer Allen Weisselberg and controller Jeffrey McConney.

Persons: Donald Trump, Scott Morgan, Donald Trump's, David Friedman, Friedman, Arthur Engoron, Trump, Letitia James, James, Donald Jr, Eric, Engoron, Trump's, Manhattan's, Allen Weisselberg, Jeffrey McConney, Michael Cohen, Ivanka Trump, Jonathan Stempel, Noeleen Walder, Bill Berkrot Organizations: U.S, Republican, REUTERS, Trump Organization, Trump, Lawyers, Democratic, Thomson Locations: Dubuque , Iowa, U.S, York, Manhattan, New York, Florida, Westchester County , New York

☆ Trump and his adult children expected to be called to testify in New York fraud trial
▼ + stars: | 2023-09-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

In this April, 2010 file photo, Donald Trump, left, chairman and CEO of the Trump Organization, cuts the ribbon with his children Eric, Ivanka, and Donald Trump, Jr. right, at the opening of the Trump SoHo New York. New York Attorney General Letitia James plans to call former President Donald Trump and three of his adult children to testify at his civil fraud trial set to begin in New York next week, court documents showed. Trump and his company, the Trump Organization, are accused of committing years of fraud by overstating the values of his assets in his annual financial forms. Trump, Donald Trump Jr., Eric Trump and Ivanka Trump are among the 28 names on James' list of witnesses to be called in the case. That searing ruling also stripped the defendants and the Trump Organization of their business certificates, and sanctioned multiple defense attorneys for repeatedly making frivolous arguments.

Persons: Donald Trump, Eric, Ivanka, Donald Trump , Jr, Letitia James, Trump, James, Donald Trump Jr, Eric Trump, Ivanka Trump, Michael Cohen, Trump's, Allen Weisselberg, Arthur Engoron, Engoron Organizations: Trump Organization, Trump SoHo, Trump SoHo New York . New York, Trump Organization . Defense, Trump, Manhattan Locations: Trump SoHo New York ., New York

☆ Donald Trump and his adult children are listed as potential witnesses in NY fraud case
▼ + stars: | 2023-09-28 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

New York CNN —Donald Trump, his adult children, and his closest business advisers could be called to testify during the civil fraud trial expected to begin next week in New York. The former president is listed on the witness lists submitted by the New York attorney general and Trump’s legal team. Attorneys for both sides need to be inclusive on their witness lists of any potential person they might want to call, or the judge could exclude the testimony. Also on both lists are Donald Trump Jr. and Eric Trump, who are both defendants in the case, and numerous current and former Trump Organization employees, including former chief financial officer Allen Weisselberg. The New York attorney general’s office identified 28 witnesses they could call in the case, including Michael Cohen and Ivanka Trump.

Persons: Donald Trump, Trump, Donald Trump Jr, Eric Trump, Allen Weisselberg, Arthur Engoron, Michael Cohen, Ivanka Trump, Engoron Organizations: New, New York CNN, Trump Organization Locations: New York

☆ Trump New York fraud trial cleared to start Monday after appeals panel ruling
▼ + stars: | 2023-09-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

The New York civil fraud trial of former President Donald Trump and his company is back on track to start Monday after a state appeals court lifted a temporary stay of the case. Trump, the Trump Organization and his two adult sons, Donald Trump Jr. and Eric Trump, are accused by James of misstating the values of multiple real estate assets. That argument stemmed from a separate appeals court decision in June, which removed Ivanka Trump as a defendant in James' case. The appeals court said in that ruling that the specific allegations involving her related to matters that fell outside a six-year statute of limitations. James' list shows she plans to call 28 witnesses, including Trump, Donald Trump Jr. , Eric Trump and Ivanka Trump.

Persons: Donald Trump, Letitia James, Trump, Donald Trump Jr, Eric Trump, James of, Arthur Engoron, James, Engoron, Ivanka Trump, Allen Weisselberg, Michael Cohen Organizations: U.S, Republican, GOP, The New, New York, Trump, Trump Organization, Manhattan, Manhattan Supreme Locations: Clinton Township , Michigan, The New York

Judge Arthur Engoron in his bombshell decision also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General's Office. The defendants in the case include Trump, his sons Donald Trump Jr. and Eric Trump, former Trump Organization Chief Financial Officer Allen Weisselberg, company executive Jeff McConney, and Trump Organization entities. Engoron also ordered sanctions of $7,500 for five attorneys who represented the Trump defendants for making frivolous and previously rejected arguments in court filings. In the fourth criminal case, Trump is charged with falsifying business records related to a 2016 hush money payment to porn star Stormy Daniels. Even after Engoron appointed an independent financial monitor for the Trump Organization last year, "defendants have continued to disseminate false and misleading information while conducting business," the judge wrote.

Persons: Donald Trump, Arthur Engoron, Letitia James, Chris Kise, Trump, Kise, Engoron, James, Donald Trump Jr, Eric Trump, Allen Weisselberg, Jeff McConney, Stormy Daniels, Engoron's, Trump's, Alina Habba, Habba Organizations: Team Trump Iowa, Jackson, Fairgrounds, New, Trump, Trump Organization, General's, NYU Stern School of Business, Engoron, Federal Locations: Maquoketa , Iowa, New York, United States, Lago, Florida, Palm Beach Florida, Palm Beach, New York City, Springs, Westchester County , New York, Aberdeen, Scotland, American, New York State

NEW YORK (AP) — A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Engoron’s ruling, in a phase of the case known as summary judgment, resolves the key claim in James’ lawsuit, but several others remain. “Today, a judge ruled in our favor and found that Donald Trump and the Trump Organization engaged in years of financial fraud," James said in a statement. James’ lawsuit is one of several legal headaches for Trump, the Republican front-runner in next year's election. James’ lawsuit does not carry the potential of prison time, but could complicate Trump's ability to transact real estate deals.

Persons: —, Donald Trump, Judge Arthur Engoron, Letitia James, Engoron, Christopher Kise, ”, Kise, Eric, Engoron's, Eric Trump, “, James ’, Trump, James, He'll, James wasn’t, ” Trump, Allen Weisselberg, Michael Cohen, Eric Tucker, Jill Colvin, Bernard Condon, David B, Caruso Organizations: White, New York, Trump Organization, Trump, New, Democrat, Mar, Republican, D.C, Buffalo Bills, Trump Foundation, Associated Press, Washington , D.C Locations: New York, United States, Lago, Florida, Manhattan, Georgia, Washington, Washington ,, Summerville , South Carolina

Search resuls for: "Allen Weisselberg"

25 mentions found