Judge says civil trial over Trump's real estate boasts could last three months

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An upcoming civil trial over allegations that former president Donald Trump lied about his wealth could last as long as three months

Opening arguments are expected Oct. 2 in the trial over a lawsuit filed against Trump and his family business by New York Attorney General Letitia James. In the suit, James has said Trump deceived lenders, potential business associates and others by chronically exaggerating the value of his real estate holdings.

Trump has defended his asset valuations, saying that his estates, skyscrapers and golf clubs were luxurious, unique properties made even more valuable because of his personal brand. James, a Democrat, has argued that Trump's financial claims were deceptive, designed to get him more favorable terms on loans, among other things. In a court filing Friday, she said Trump inflated his net worth by at least between $812 million to $2.2 billion, depending on the year, and possibly by as much as $3.6 billion.

 

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