Former US President Donald Trump’s adult son, Eric Trump, will appear in court to continue the proceedings in the New York civil fraud case against him, his family, and their business. Eric’s brother, Donald Jr, appeared in court on Thursday and concluded the testimony. Trump’s sons were pressed in a case filed by the New York attorney general’s office, and they were asked about their involvement in the financial documents at the center of the $205 million lawsuit. There was a tense exchange in court on Thursday. Donald Jr repeatedly stated that he relied on his own accountants and had nothing to do with the preparation of the financial statements of his father. However, he signed them as a trustee of his father’s trust.
The sons of the former President are accused of knowingly being involved in their father’s scheme to increase his net worth to gather financial benefits like better loans and insurance policies. The case filed against Donald Trump is of civil intention, not criminal, but has posed a challenge to Trump’s business in New York. The former President is expected to testify on Monday. These were some of the most challenging days of the fraud trial, and Trump’s sons also seemed involved, but they argued that they got no information about their father’s financial statements.
Both of Trump’s sons appeared in court one after the other on Thursday. Both helped his father run the company while their father was President of the White House from 2016-2020. The former President’s own testimony is also expected on Monday. Donald Trump Jr and Eric Trump are co-defendants, along with their father. Some of the company’s executives are also part of it.
Eric’s Emails From 2010 Were Presented In Court
Assistant Attorney General Andrew Amer pressed Eric Trump about Eric’s understanding of his father’s financial statements. The attorney claimed that Trump’s son helped his father in the statements that supported the real estate transactions. The attorney general also presented Eric’s emails from back in 2010, showing his involvement. Eric confirmed that he provided information to the former controller of the Trump Organization, Jeff McConney. He currently, is also one of the co-defendants in the trial.
However, Eric Trump tried to distinguish the financial files based on their condition, one of his father’s personal financial statements, which are now at the center of the case, and the other, the general economic records of the company. This distinction is relevant as these statements are essential and are a base for the case. The attorney presented them in court as evidence that former President Donald Trump raised the prices of his properties to increase his net worth and acquire some loan terms.
An expert witness for the attorney general claimed on Wednesday that the manipulation of the financial documents saved around $168 million for the Trump Organization. That shows the framing of the financial records was of what extent.
Donald Trump Jr. Signed As trustee
On the other hand, Trump Jr. stated that he relied on his own accountants and had no involvement in preparing Donald Trump’s financial statements. However, he signed as the trustee of his father’s Trust. He confirmed that he didn’t create the financial statements, and when he was selected as a trustee, he relied on the legal team and accountants of the Trump Organization, and he signed when he was ensured that documents were accurate.
The attorney general’s office and Trump’s lawyers got into a lengthy debate discussing the attorney general’s privilege after Faherty asked what changes were made to the organization after the case was filed in 2019 and the investigation started. Donald Jr. expressed that some internal methodologies have been adopted since the investigation began. He said one of those changes was the appointment of a chief financial officer who was a certified public accountant.