"Ex-CFO Allen Weisselberg testifies in Donald Trump's civil fraud trial"

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Source: Yahoo Finance
TL;DR Summary

Allen Weisselberg, former CFO of the Trump Organization, is set to testify in the civil fraud trial brought by New York Attorney General Letitia James against Donald Trump and his company. Weisselberg, who recently served time for tax fraud, is expected to provide insight into his role in preparing Trump's financial statements and allegations that he manipulated them to inflate Trump's net worth. Trump, who attended the trial's initial days, is not expected to be present for Weisselberg's testimony. The trial also involves allegations of conspiracy, insurance fraud, and falsifying business records, with James seeking $250 million in penalties and a ban on Trump doing business in New York.

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