Donald Trump trial updates: Ex-accountant says statements were 'Trump Organization's responsibility'

Monday, October 2, 2023 9:50PMFormer President Donald Trump showed up on Monday for a trial in a lawsuit that could cost him control of Trump Tower and other prized properties.Former President Donald Trump has left the New York County Supreme Court in lower Manhattan after day one of the $250 million civil case brought against him and his business by the New York Attorney General.

Bender said the standards and inputs for the statements were largely decided by Trump Organization executives. Trump and his co-defendants face a bench trial, meaning that the sole arbiter of the case is Judge Arthur Engoron instead of a jury. Wallace played clips of video depositions to punctuate his remarks, including testimony from Trump himself, as well as Eric Trump and former Trump attorney Michael Cohen -- whose congressional testimony years ago precipitated the state's investigation and some of the key allegations underpinning their case.

Throughout Wallace's remarks, the attorney general's office flashed graphics on television screens inside the courtroom showing some of the alleged inflated values of Trump's properties alongside the amounts the properties were appraised at.Courtroom sketch of former President Donald Trump, left, at the defense table next to his attorney Christopher Kise, during his fraud lawsuit trial, Oct. 2, 2023, in New York.

Courtroom sketch - Former President Donald Trump, left, New York Attorney General Letitia James, right, seated for opening arguments of a civil trial, Oct. 2, 2023, in New York. Kise reiterated the defense's claim that Trump did not commit fraud and that there were no victims of his alleged conduct.Trump has denied wrongdoing, arguing in sworn testimony for the case that it didn't matter what he put on his financial statements because they have a disclaimer that says they shouldn't be trusted.

During a break earlier in the day, Trump took swipes at the attorney general and the judge overseeing his case during a break, calling the trial a "disgrace," and saying that he will return over the course of proceedings.

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