became president in 2017, he handed day-to-day management of his real estate empire to his eldest sons, Donald Jr. and Eric.
Before the trial, Judge Arthur Engoron ruled that Trump’s financial statements were fraudulent. He ordered that a court-appointed receiver seize control of some of his companies — potentially stripping him and his family of such marquee properties as Trump Tower — though an appeals court has halted enforcement for now.Eric Trump has spent several days at the trial, often on the days his dad has been there. He’s commented sporadically, mostly on social media. On Oct.
Building to Donald Trump Jr. and Eric Trump’s testimony, state lawyers have asked other witnesses about their role leading the Trump Organization and their involvement, over the years, in valuing their father’s properties and preparing his financial statements. Their names have also appeared on various emails and documents entered into evidence.
In his July 2022 clip, Donald Trump Jr. testified about his scant knowledge of the accounting standards known as Generally Accepted Accounting Principles — which state lawyers say were used at times and disregarded at others in preparing Donald Trump’s financial statements.
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