"Trump's NYC Civil Fraud Trial: Testimony Complete, Lawyers Seek Early Verdict, Trial on Hiatus Until January"

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Source: Yahoo Finance
"Trump's NYC Civil Fraud Trial: Testimony Complete, Lawyers Seek Early Verdict, Trial on Hiatus Until January"
Photo: Yahoo Finance
TL;DR Summary

The civil fraud trial against Donald Trump, his adult sons, and top executives has come to a standstill after more than 10 weeks as lawyers for the New York attorney general concluded their case. The judge adjourned proceedings until January 11, when he will hear summations from both sides and is expected to file a written verdict a few weeks later. The trial centers around allegations of inflating the value of Trump-owned assets in statements submitted to banks and lenders. The attorney general's office called 27 witnesses, while the defense called 19 witnesses. The verdict will determine whether Trump and his co-defendants committed fraud and how much they must repay, with the attorney general seeking to recover at least $330 million.

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