Trump Family Testifies in NY Fraud Trial, Blaming Accountants

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Source: The New York Times
Trump Family Testifies in NY Fraud Trial, Blaming Accountants
Photo: The New York Times
TL;DR

Eric and Donald Trump Jr. testified in a fraud trial accusing their family business, the Trump Organization, of overvaluing its assets. Donald Trump Jr. blamed outside accountants for any errors in company financial statements, while Eric Trump denied direct involvement with the documents. The trial, brought by the New York attorney general Letitia James, alleges that the Trumps defrauded banks and insurers. If found liable, they could face a $250 million fine and be permanently barred from running a business in New York. The former president, Donald Trump, is expected to testify next week.

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