It’s Ivanka Trump’s Turn to Face Questioning in Civil Fraud Trial
After her father gave caustic testimony and her brothers spent significant time on the witness stand, Ivanka Trump, President Donald Trump‘s eldest daughter and former executive vice president of the Trump Organization, is now facing questioning in a high-profile civil fraud trial. The trial, publicly probing into the family business, is being conducted by the New York Attorney General Letitia James.
The Allegations and Lawsuit
Although Ivanka is no longer a defendant in the lawsuit, James alleges that Donald Trump’s asset values were fraudulently inflated on financial statements to obtain loans and insurance. The lawsuit includes allegations of conspiracy, insurance fraud, and falsifying business records. Judge Arthur Engoron has already ruled that Donald Trump engaged in fraud, potentially jeopardizing his control over properties like Trump Tower.
Ivanka Trump’s Role and Testimony
Ivanka Trump, who previously worked as an executive vice president in her father’s organization before becoming an unpaid senior adviser in the White House, has claimed limited knowledge of her father’s financial statements. During her sworn questioning for the investigation leading up to the lawsuit, she stated that she was not aware of who prepared the statements or how they were compiled.
Involvement in Business Deals
As an executive at the Trump Organization, Ivanka Trump played a role in securing a loan and lease for a Washington hotel, financing for the Doral golf resort in Miami, and a hotel and condo skyscraper in Chicago. However, she announced her departure from the organization in January 2017, as her father’s presidential inauguration approached.
Legal Battle and Testimony
Ivanka Trump was initially dismissed as a defendant in the lawsuit, but she has now been ordered to testify. Her attorneys argued against her testimony, claiming that the state was harassing the family. However, the attorney general’s office contended that her testimony is relevant, as she was involved in events discussed in the case and remains financially connected to the Trump Organization.
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Read More of this Story at www.clickorlando.com – 2023-11-08 05:27:23
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