Ivanka Trump testified

Donald Trump’s daughter Ivanka Trump arrived at the state Supreme Court building in Manhattan amid “crime family” chants from a group of protesters outside.

Prosecutor Lou Solomon asked Ivanka Trump, who was on the court stand, questions about her overall role in her father’s businesses, developing real estate assets and obtaining financing.

Ivanka Trump, regarding her father’s financial dealings in real estate and the loans he received from banks, said, “I don’t specifically remember any discussion about financial statements.” She answered:

Ivanka Trump, who was questioned by Trump’s defense attorney, Jesús Suares, after the prosecution lawyers, denied the accusations against her father and argued that, contrary to the accusations, the banks were always willing to work with the companies of Trump.

Ivanka Trump became the fourth person in the Trump family to testify after her father Trump appeared before the judge on November 6.

Trump’s sons Donald Trump Jr. and Eric Trump also testified in the same case last week.

THE CASE MAY LAST UNTIL MID-DECEMBER

As a result of the trial, which began Oct. 2 and is expected to last until mid-December, Judge Arthur Engoron, who is presiding over the case, will decide issues such as how much to fine Trump companies and whether their license to do business in the state of New York will be revoked.

Because this is a civil, not criminal, fraud case, no one is expected to receive a prison sentence as a result of the trial.

Former US President Trump, who had previously not attended many of the hearings in the cases brought against him on charges of “sexual harassment” and “tax fraud”, repeatedly attended the hearings in this case, although he was not required to testify. . which sparked intense media interest as a “surprise event.”

FRAUD CASE

New York Attorney General Letitia James, in the indictment alleging that the wealth of Trump, his three children and his company was overstated by $3.6 billion, asked the judge to prevent Trump and his children from re-establishing a company in New York, prohibiting them from purchasing commercial real estate for 5 years and imposing a fine of 250 years. She is demanding a fine of millions of dollars.

In the lawsuit filed under the accusation of “defrauding many people and institutions in the real estate sector for years,” Judge Arthur Engöron stated that the former president and his company, the “Trump Organization”, defrauded banks, insurers and businessmen by overvaluing his assets and exaggerating his assets in contracts and financing documents, resolved that the charges be heard in court.

In his 35-page decision, Engoron claimed that Trump, his company and his principals obtained favorable loans and low insurance premiums by constantly lying about their annual financial situation.

Trump’s lawyers also appealed to the New York appeals court regarding Engoron’s ruling that Trump and other defendants were liable for fraud.

The lawsuit sought to evaluate whether Judge Engoron “made errors of fact and/or law, abused his discretion, and/or acted beyond his authority” in making his decision. (AA)