THE AMERICA ONE NEWS
Jun 22, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
CNN
CNN
13 Nov 2023
Dan Berman


NextImg:Live updates: Donald Trump Jr. testifies for defense in New York civil fraud trial
Live Updates

Donald Trump Jr. to be first defense witness in New York fraud trial

By Dan Berman

Updated 9:00 AM ET, Mon November 13, 2023
1 Post
Sort by
4 min ago

Here's what to know about the Trump fraud trial defense and Donald Trump Jr.’s testimony

From CNN's Kara Scannell

When Donald Trump launches his defense Monday against allegations that he, his adult sons and his business defrauded lenders and insurers to enrich themselves, the first witness his lawyers will call is the former president’s eldest son, Donald Trump Jr., as they aim to convince the judge that they didn’t intentionally do anything wrong.

Trump Jr., a defendant in the case, testified earlier this month when he was called by New York Attorney General Letitia James’ office, which filed the fraud lawsuit.

Under oath, he denied any role in the preparation of his father’s financial statements and said he consulted with lawyers and accountants before he signed off on the statements as trustee of his father’s trust and certified their accuracy annually to banks that loaned them millions of dollars. The Trumps have also argued that the banks were happy to have their business.

Trump’s lawyers, launching their case in the seventh week of the trial, are recalling some of the state’s witnesses as they present their defense to the allegations.

In addition to Trump Jr., Trump attorneys have said they are likely to call back Eric Trump and the former president, both of whom also previously testified.

Trump’s argument: The thrust of the Trump defense is that the financial statements were not misleading and that different people can come up with different values for the same property.

The defense has argued that there was no intent to defraud banks or insurers, in part because the Trump family relied on accountants, and that any differences in values on the properties were not meaningful.

Trump’s team has argued the financial statements were not important to the decisions by lenders to loan money or by insurers to underwrite policies. Moreover, they argue no banks lost any money and none have claimed they were defrauded or misled by the financial statements.

When Trump Jr. takes the stand, he will be questioned by attorneys representing the Trump family and business. That will allow greater leeway in the kinds of questions and answers he can give than when he was quizzed by lawyers for the state. It will also open him up to cross-examination by the state’s lawyers.

Read more about Trump's civil fraud trial here.

  • Donald Trump Jr. is expected to be back on the stand Monday to testify in the New York civil fraud trial against him, his father Donald Trump and their company as their lawyers begin their defense.
  • Trump Jr. testified earlier this month when he was called by New York Attorney General Letitia James’ office, which filed the fraud lawsuit. He denied under oath any role in the preparation of his father’s financial statements. Trump attorneys have said they also likely will call back Eric Trump and the former president back to the stand.
  • The $250 million lawsuit alleges Trump and his co-defendants committed repeated fraud in inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies. The case is civil, not criminal, but threatens Trump's business in New York.

When Donald Trump launches his defense Monday against allegations that he, his adult sons and his business defrauded lenders and insurers to enrich themselves, the first witness his lawyers will call is the former president’s eldest son, Donald Trump Jr., as they aim to convince the judge that they didn’t intentionally do anything wrong.

Trump Jr., a defendant in the case, testified earlier this month when he was called by New York Attorney General Letitia James’ office, which filed the fraud lawsuit.

Under oath, he denied any role in the preparation of his father’s financial statements and said he consulted with lawyers and accountants before he signed off on the statements as trustee of his father’s trust and certified their accuracy annually to banks that loaned them millions of dollars. The Trumps have also argued that the banks were happy to have their business.

Trump’s lawyers, launching their case in the seventh week of the trial, are recalling some of the state’s witnesses as they present their defense to the allegations.

In addition to Trump Jr., Trump attorneys have said they are likely to call back Eric Trump and the former president, both of whom also previously testified.

Trump’s argument: The thrust of the Trump defense is that the financial statements were not misleading and that different people can come up with different values for the same property.

The defense has argued that there was no intent to defraud banks or insurers, in part because the Trump family relied on accountants, and that any differences in values on the properties were not meaningful.

Trump’s team has argued the financial statements were not important to the decisions by lenders to loan money or by insurers to underwrite policies. Moreover, they argue no banks lost any money and none have claimed they were defrauded or misled by the financial statements.

When Trump Jr. takes the stand, he will be questioned by attorneys representing the Trump family and business. That will allow greater leeway in the kinds of questions and answers he can give than when he was quizzed by lawyers for the state. It will also open him up to cross-examination by the state’s lawyers.

Read more about Trump's civil fraud trial here.