Donald Trump Jr. is expected to testify under oath at the civil fraud trial of him and his family members in New York.Donald Trump Jr. is expected to be asked about his involvement in financial statements that the attorney general alleges were grossly inflated.
Attorney General Letitia James' office claims that former President Donald Trump's children were "aware of, and knowingly participated in" a long-running scheme to falsely inflate the company's assets to land loans and insurance policies on more favorable terms than they were entitled to.Michiel McCarty, the chairman and CEO of M.M. Dillon & Co., is an experienced investment banker with a long history in debt transactions, financings and acquisitions.
He also, perhaps not coincidentally, holds an MBA from an institution closely associated with Trump lore: the Wharton School at the University of Pennsylvania. That shared history will make it harder for the defense to characterize McCarty as insufficiently expert given that his professional background begins where Trump and Don Jr.’s training did as well.
His testimony wrapped up quickly and was followed by Michiel McCarty, an expert witness for the state attorney general's office, who is discussing the impact of the company having falsely inflated its valuations, as alleged. McCarty will be followed by Donald Trump Jr., who's not likely to take the stand until the afternoon at the earliest. If the cross-examination of McCarty takes a long time, Trump Jr. may not testify until Thursday.
The former president, meanwhile, repeatedly blasted the judge overseeing the case, Arthur Engoron, on his social media website Truth Social. In one post that had a time stamp around 3 a.m. ET, Trump wrote,"Leave my children alone, Engoron. You are a disgrace to the legal profession!"Donald Trump’s children Donald Trump Jr., Eric and Ivanka are expected to testify under oath in the former president’s civil fraud trial. NBC’s Laura Jarrett reports for"TODAY.
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