Ivanka Trump takes a witness position in a civil fraud trial in which family businesses are being scrutinized

(Yuki Iwamura/Associated Press)

Ivanka Trump takes a witness position in a civil fraud trial in which family businesses are being scrutinized

November 8, 2023

Ivanka Trump began testing Wednesday in the civil fraud trial that the Trump family business is publicly investigating, giving the impression she was trying to prevent it.



Trump’s eldest daughter, who has been in his inner circle in both business and politics, is completing much of the process. Her father provided caustic testimony Monday, and her brothers Eric Trump and Donald Trump Jr. testified last week.

Evenly in her testimony, Ivanka Trump, unlike her father, answered questions about her past role in the family’s Trump Organization. Among other things, she was the point person in establishing a lending relationship with Deutsche Bank’s private wealth management division, which ultimately provided the company with hundreds of millions of dollars in loans.

She tested whether her husband, Jared Kushner, had introduced her to a banker when the Trumps sought financing to buy and renovate the Doral golf resort near Miami.

I was excited,” she tested, showing the banker an opportunity we were very passionate about. … The reason we bought the property was because we believed in its potential to be something better than it was.”

Unlike her father and brothers, Ivanka Trump is no longer a defendant in New York Att


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Letitia James’ lawsuit. It is alleged that Donald Trump’s asset values ​​were fraudulently inflated for years based on financial statements that helped him get loans and insurance.

The non-jury trial will decide charges of conspiracy, insurance fraud and falsifying corporate records, but Judge Arthur Engoron has already resolved the lawsuit’s main claim by ruling that Trump is guilty of fraud. That decision came with provisions that could strip the ex-president of oversight of major properties like Trump Tower, although an appeals court is allowing him control over his assets, at least for now.

James, a Democrat, is seeking more than $300 million in fines and a ban on Trump doing business in New York.

The ex-president and 2024 Republican frontrunner denies any wrongdoing, as do the other defendants. He emphasized in court on Monday that his financial statements vastly underestimated his assets, that any discrepancies were minor, that a disclaimer releases him from liability and that this case is a disgrace.

Ivanka Trump was an executive vice president at the Trump Organization before becoming an unpaid senior adviser in her father’s White House. Like her brothers, who remain EVPs of the Trump Organization, she claims to have minimal knowledge of their father’s financial statements.

“I specifically don’t know what was prepared on his behalf for him as a person, apart from the organization and the properties I worked on,” she said during sworn questioning for the investigation that ultimately led to the lawsuit. She said she did not know who prepared the statements or how the documents were compiled.

As director of the Trump Organization, Ivanka Trump secured a loan and lease for a hotel in Washington and financing for Doral in Florida and a hotel and apartment skyscraper in Chicago, court records show.

As her father’s inauguration approached, she announced in January 2017 that she would be resigning from her job at the Trump Organization. After her time in administration, she moved to Florida.

An appeals court dismissed her as a defendant in the lawsuit in June, saying the claims against her were too old.

Her lawyers argued she did not have to testify. They said the state was just trying to harass the family by taking her to court.

The attorney general’s office argued that her testimony would be relevant, saying she was involved in a number of events discussed in the case and that she remains financially and professionally intertwined with the Trump Organization and its leaders. The company bought insurance for her and her businesses, managed her household staff and credit card accounts, rented her apartment and paid her legal fees, according to state court papers.

Engoron and later an appeals court ruled that she had to testify.


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