"Trump's Fraud Trial Verdict: Implications for Finances and Business Exodus"

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Source: Business Insider
"Trump's Fraud Trial Verdict: Implications for Finances and Business Exodus"
Photo: Business Insider
TL;DR Summary

Despite being dismissed from the case, Ivanka Trump's testimony in her family's civil fraud trial was criticized by Justice Arthur Engoron for her "inconsistent recall," with the judge calling it "suspect." The 92-page verdict resulted in a $364 million ban on her father from running any New York business for three years, and her two oldest brothers receiving two-year bans. The judge detailed multiple instances where Ivanka Trump claimed memory lapses during her testimony, including discussions and transactions related to securing over $400 million in Deutsche Bank loans for Trump Organization projects.

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