Former US president Donald Trump sits with his attorneys inside a courtroom during a civil fraud case in New York.
Testimony in the Manhattan courtroom began following opening statements, with Donald Bender, a partner at Mazars USA and longtime accountant for Trump’s businesses, as the state’s first witness. Trump’s election campaign used the start of the trial for fundraising, saying he was defending his family and reputation from New York Democrats it called “corrupt tyrants.”
“He has made a fortune literally being right about real estate investments,” Kise said. “There was no intent to defraud, there was no illegality, there was no default, there was no breach, there was no reliance from the banks, there were no unjust profits, and there were no victims.” The judge canceled business certificates for companies controlling pillars of Trump’s empire, and said he would appoint receivers to oversee their dissolution.The trial will review six additional claims including falsifying business records, insurance fraud and conspiracy, and address how much in penalties the defendants should pay.
“The original numbers come from the Trump Organization, and any changes that would have been made at the end would have been approved by the Trump Organization,” Bender said.
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Donald Trump's business empire in peril as civil fraud trial opens in New YorkDonald Trump and his family business are set to stand trial in New York on Monday (Oct 2) in a civil fraud case that could deal a major blow to the former US president’s real estate empire. Trump, the frontrunner for the 2024 Republican presidential nomination, is accused by Democratic New York Attorney
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