Evidence at fraud trial shows Trump’s financial statements were key to loan deal

Evidence at Donald Trump’s civil fraud trial in New York has showed his yearly financial statements were integral to some of his business empire’s loan deals, despite him saying he never believed they “would be taken very seriously”.

The Republican former president denies any wrongdoing and says Ms James, a Democrat, is trying to damage his 2024 presidential campaign.He did not attend proceedings on Thursday after choosing to be there the three previous days, when he addressed the news cameras waiting outside. At the company’s criminal tax fraud trial last year, he admitted breaking the law to help fellow executives avoid taxes on company-paid perks, including by filing false tax returns and failing to report the benefits to tax authorities.

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