Former US president Donald Trump speaks as he leaves at the end of the second day of the civil fraud trial against him in New York.
Acting on the second day of testimony in the trial, the judge forbade both sides from speaking about his staff, and threatened “serious sanctions” if anyone did.Ms James has accused Trump, his two adult sons, the Trump Organization and others of inflating asset values over a decade to secure favourable bank loans and insurance terms, and exaggerating Trump’s own riches by more than US$2 billion .
Under questioning from Kevin Wallace, a lawyer in Ms James’ office, Mr Bender said financial statements he prepared for the Trump Organization were largely based on self-reported figures.Ms James is seeking at least US$250 million in fines, a permanent ban against Trump and his sons Donald Jr and Eric from running businesses in New York, and a five-year commercial real estate ban against Trump and the Trump Organization.
Trump’s lawyer Christopher Kise told the court on Monday that his client’s valuations were actually too low, and were based on business acumen that let Trump build “one of the most successful real estate empires in the world.”Others expected to testify include the Trump Organization’s former chief financial officer and controller, and Trump’s former lawyer and fixer Michael Cohen. Trump and his adult sons are also on Ms James’ witness list.
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