Donald Trump to Take Stand in New York Civil Fraud Trial, Family Testimonies Scrutinized

Former President Trump faces pivotal testimony in court, as key accusations from New York Attorney General assert that Trump and co-defendants inflated assets on financial statements to get better loan terms. Ivanka Trump set to testify Wednesday, following appearance of Donald Trump Jr. and Eric Trump last week.

The New York civil fraud trial involves former President Donald Trump, who is accused by the state's Attorney General Letitia James of inflating assets on financial statements to secure better loan terms. Trump's testimonies are seen as pivotal in determining the outcome of the trial.
In the trial, Trump's adult sons, Donald Trump Jr. and Eric Trump, have testified, and reports suggest that their testimonies amounted to a denial of knowledge about the documents at the center of the fraud case. Ivanka Trump, the former president's daughter, is expected to testify Wednesday.
Aside from allegations of asset inflation, the attorney general’s office is also looking to prove six other claims against Trump and his co-defendants: falsifying business records, conspiracy to falsify business records, issuing false financial statements, conspiracy to falsify false financial statements, insurance fraud, and conspiracy to commit insurance fraud.
Judge Arthur Engoron has already ruled Trump and his co-defendants liable for persistent and repeated fraud, and the trial will determine the damages they will need to pay. The damages sought total $250 million and the case could bar Trump from doing business in New York.
The civil case is particularly significant as it threatens Trump's image as a billionaire real estate tycoon and his future business ventures, with James seeking to dissolve his companies. The testimonies are expected to delve into detailed financial statements and valuations of Trump's real estate properties.