NEW YORK - Donald Trump's son Donald Trump Jr. is due to testify for a second day on Thursday about the family company's financial statements that a New York judge has ruled were fraudulently inflated to mislead lenders and insurers.
New York Attorney General Letitia James is seeking at least $250 million in damages, as well as a permanent ban on Trump, Donald Jr. and his son Eric from running businesses in the state. In testimony on Wednesday, Donald Jr. sought to minimize his involvement with the company's financial statements, saying they were largely prepared by company accountants.
Nevertheless, Trump holds a commanding lead over his rivals for the Republican presidential nomination to face Democratic President Joe Biden in the November 2024 election.
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