NY - $250m fraud against Former President Donald Trump, Trump Org., Eric, Donald Jr., Sept 2022, Trial 2 Oct 2023

[Frodosdojo]

Ivanka recently filed to prevent having to testify next week. In the prosecutor's response, they recently determined that Ivanka may have broken the law - her bills are still being paid by Trump org entities and she received a cut from the sale of the Trump Hotel in DC. Maybe she can be prosecuted based on this new information.

Donald Trump is set to testify Nov. 6 in civil fraud trial. Daughter Ivanka also will testify

 

[Niner]

Monday, October 30th:
*Bench Trial continues (Day 19) (@ 10am ET) – NY - New York vs. Donald J. Trump (76/now 77), Donald Trump, Jr. (45) & Eric Trump (38/now 39) & the Trump Organization, Inc. (Allen Weisselberg (75/now 76) & Jeffrey McConney) are being sued by Letitia James, the New York Attorney General, who is leading a civil investigation (which cannot result in criminal charges filed on 9/21/22) & has spent years looking at whether the company committed various acts of fraud over several decades. In the civil case, Ms. James has filed a lawsuit against Trump & two of his children accusing them of "astounding" fraud & deception.
New York is seeking $250 million in financial penalties & asked the court to ban Trump, Donald Trump Jr. & Eric Trump from serving as an officer or director in any corporation registered or licensed in New York. James also requested the court ban the former president & his business from acquiring real estate in New York or from applying for loans from any New York financial institution for five years. James's civil case accuses Trump of lying from 2011 to 2021 about asset values at the Trump Organization, as well as his own net worth, in order to obtain better terms from lenders & insurers.
Lawsuit against: Donald John Trump, Donald Trump, Jr, Eric Trump, Allen Weisselberg, Jeffrey McConney, The Donald J. Trump Revocable Trust, The Trump Organization, Inc., Trump Organization LLC, DJT Holdings LLC, DJT Holinds Managing Memer, Trump Endeavor 12 LLC, 401 North Wabash Venture LLC, Trump Old Post of Fice LLC, 40 Wall Street LLC & Seven Springs LLC.
All charges against Ivanka Trump were dismissed in June, 2023.
Bench Trial began on 10/2/23. (could last until 12/22/23 per Judge).
The lawsuit’s remaining 6 counts allege similar acts of fraud (that Trump inflated his assets on statements of financial condition that he submitted to banks & insurers for personal gain).
Judge Arthur F. Engoron presiding / NY State Attorney General Leticia James & senior enforcement counsel Kevin Wallace,
Defense attorney Christopher Kise & Jesus Suarez & Alina Habba for Trump, Weisselberg & the rest of the defendants for Trump Org. / Clifford Robert of Robert & Robert PLLC for Donald, Jr. & Eric.
Trump fined $5,000 for violating his gag order. Justice Engoron did *not* hold him in contempt & noted it was "first time" violation & credited Trump's attorney's arguments that it was "inadvertent." "Make no mistake: future violations, whether intentional or unintentional," will lead to "far more severe sanctions," including "possibly imprisoning" Trump.
The judge holds a hearing (10/25/23) & calls Trump to testify on his remarks. Trump was just on the stand & despite expressly finding his testimony was not credible, Judge Engoron fined him only $10k payable within 30 days.
Case & court info & Summary Judgement from 9/21/22 thru 9/28/23 & Bench Trial Day 1-17 (10/2-10/26/23) reference post #769 here:
https://www.websleuths.com/forums/t...mp-org-and-executives-oct-2023.673964/page-39
NEW: 10/6/23 Update: Appellate Division by defendant (Trump). Summary statement on application for expedited service and/or interim relief. Filed by Clifford S. Robert & Michael Madalo. Disposition: Defendants' application for an interim stay of enforcement of Supreme Court's decisions dated 9/26 & 10/4/23 & for a stay of trial is granted solely to the extent of staying enforcement of Supreme Court's order directing the cancellation of business certificates. The interim application is denied in all other respects. Opposition reply by 10/30/23, response by 11/9/23 & a motion hearing on 11/13/23. Regarding the Judge’s Summary Judgment & Trump’s cancellation of business certs.
10/27/23 Friday, Bench Trial Day 18: Judge Engoron heard arguments on whether Ivanka Trump must take witness stand. Late last week, Ivanka Trump fought to quash her subpoena, noting that she is no longer a defendant in the case — or a New York City resident. New York State Attorney General Letitia James argued late on Thursday that the former president’s daughter “remains financially and professionally intertwined” with her father’s company and “can be called as a person still under their control.” The former president's lawyer Christopher Kise scoffed at that notion. The state's attorneys argue that Ivanka Trump's business ties to New York remain considerable. After roughly hour-long oral arguments, Manhattan Supreme Court Justice Arthur Engoron retired to his chambers, announcing that he would deliver his ruling from the bench at 10:35 a.m.
Ivanka Trump must testify in AG's fraud trial in person, Justice Engoron rules. Despite being dismissed from the case, the judge finds she conducted business & owns property in NY & failed to submit evidence to rebut that. She can appeal & won't testify before 11/1/23.
For more info see posts #795 (article) & 796 here:
https://www.websleuths.com/forums/t...mp-org-and-executives-oct-2023.673964/page-40
State witness: Trump’s former tax lawyer Sheri Dillon continues on stand.
For more info see post #797 (article) here:
https://www.websleuths.com/forums/t...mp-org-and-executives-oct-2023.673964/page-40
NY Attorney General Letitia James will likely rest her case against Trump during the week of Nov. 6 following at least four days of testimony from Trump & his children. State attorney Kevin Wallace told Judge Arthur Engoron that the state plans to call Donald Trump Jr. on Wednesday, 11/1/23 followed by Eric & Ivanka Trump on the following Thursday, 11/2/23 & Friday, 11/3/23, respectively. The state’s final witness, Trump, will likely begin his direct examination on Monday, 11/6/23, according to Wallace. Trump’s lawyer, Chris Kise previously said that he plans to recall some Trump Organization witnesses for the defense’s own case, meaning the trial is likely to stretch into November or later before concluding.
Bench Trial continues on Monday, 10/30/23.

 

[sds71]

The three journalists inside Trump Tower that day, all specialists in investigating the fortunes of billionaires, were not about to fall for the same ruse. Trump had spent $150 million in 2012 buying Doral, which is less than 700 acres, according to property records—not the 800 that Ivanka and her father like to claim. Trump dumped more than $100 million into it, but his renovation did not seem to boost performance much. By 2015, Doral was earning only 13% more than it had in 2012, according to lending records, justifying the preliminary estimate of $225 million that Forbes’ number crunchers had calculated after consulting more than a half dozen golf and leisure experts.

“We have, like, no debt on it,” Ivanka said, ignoring the $125 million of Deutsche Bank debt that encumbered the property.

Ivanka Trump Helped Her Dad Lie About His Net Worth

When Ivanka Trump takes the stand in her father’s fraud case, she should have plenty to talk about.

www.forbes.com

 

[Inthedetails]

The three journalists inside Trump Tower that day, all specialists in investigating the fortunes of billionaires, were not about to fall for the same ruse. Trump had spent $150 million in 2012 buying Doral, which is less than 700 acres, according to property records—not the 800 that Ivanka and her father like to claim. Trump dumped more than $100 million into it, but his renovation did not seem to boost performance much. By 2015, Doral was earning only 13% more than it had in 2012, according to lending records, justifying the preliminary estimate of $225 million that Forbes’ number crunchers had calculated after consulting more than a half dozen golf and leisure experts.

“We have, like, no debt on it,” Ivanka said, ignoring the $125 million of Deutsche Bank debt that encumbered the property.

Ivanka Trump Helped Her Dad Lie About His Net Worth

When Ivanka Trump takes the stand in her father’s fraud case, she should have plenty to talk about.

www.forbes.com

"Who? Never met her. I'd like to, though. She looks pretty good and I like the way she does math. But, no, I don't know her."

Speculation. jmo

 

[tlcya]

Former President Donald Trump's lawyers have paid $15,000 to the New York Lawyers' Fund for Client Protection on behalf of the former president for his two gag order violations.

Judge Arthur Engoron fined Trump twice for violating his limited gag order prohibiting public statements about members of his staff.

Trump was fined $10,000 this week for a statement he made to reporters in court, which Engoron determined was in reference to his clerk. He was fined $5,000 last Friday for inadvertently keeping a Truth Social post -- which prompted the initial gag order -- on his campaign website after deleting it from his Truth Social account.

"Without waiving any rights or remedies, including, without limitation, any rights to appeal said orders, on behalf of our client, we enclose herewith a check from our attorney trust account in the amount of $15,000 in accordance with the court's orders," defense lawyer Alina Hanna wrote in a filing posted today.

Trump's lawyer Chris Kise signaled in court Thursday that Trump will likely appeal the most recent $10,000 violation.
Trump pays $15,000 in gag order fines

 

[Inthedetails]

Former President Donald Trump's lawyers have paid $15,000 to the New York Lawyers' Fund for Client Protection on behalf of the former president for his two gag order violations.

Judge Arthur Engoron fined Trump twice for violating his limited gag order prohibiting public statements about members of his staff.

Trump was fined $10,000 this week for a statement he made to reporters in court, which Engoron determined was in reference to his clerk. He was fined $5,000 last Friday for inadvertently keeping a Truth Social post -- which prompted the initial gag order -- on his campaign website after deleting it from his Truth Social account.

"Without waiving any rights or remedies, including, without limitation, any rights to appeal said orders, on behalf of our client, we enclose herewith a check from our attorney trust account in the amount of $15,000 in accordance with the court's orders," defense lawyer Alina Hanna wrote in a filing posted today.

Trump's lawyer Chris Kise signaled in court Thursday that Trump will likely appeal the most recent $10,000 violation.
Trump pays $15,000 in gag order fines

He can easily afford $15K, plus his supporters willingly fund his expenses. The fines that he earned through his behavior go to a good cause. The defendant could touch up his image by stating, while he doesn't like the fines, he is glad the money will be put to good use helping others going through the legal system without the resources he has.

But he can't do it. Doesn't have one penny's worth of generosity or even a desire to look like he does.

jmopinion

 

[tlcya]

The New York attorney general plans to call David Cerron, an assistant commissioner at the New York City Parks Department, to the witness stand later today.

Cerron is expected to testify about Donald Trump's arrangement to operate a golf course at Ferry Point Park in the Bronx, New York.

The attorney general claims that Trump's 2010 bid to operate the course relied on fraudulent financial statements.

"The award granting the Trump Organization the concession cites Mr. Trump's wealth as one basis for award, and the contract documents include a personal guaranty by Mr. Trump," according to the attorney general's complaint.
New York AG to call Parks Department official to testify

 

[musicaljoke]

"Who? Never met her. I'd like to, though. She looks pretty good and I like the way she does math. But, no, I don't know her."

Speculation. jmo

If I recall correctly, T said something far worse than that about his daughter.

 

[Leilei]

Breaking on
@MSNBC
: Judge Arthur Engoron just set the schedule for the Trump family to testify in the civil fraud trial.November 1 — Don Jr.November 2 — Eric Trump November 3 — Ivanka TrumpNovember 6 — Donald Trump

https://twitter.com/x/status/1718023559170134295

 

[Niner]

Here's an article that popped up for me.

Ivanka Trump pleading the Fifth could backfire: Ex-attorney

Protecting herself and husband Jared Kushner from criminal charges could be used against Donald Trump in his New York fraud trial.

www.newsweek.com

 

[tlcya]

Trump tax rep acknowledged much lower value for Mar-a-Lago

Trump claimed $3-5B net worth in lease to run NYC golf course

 

[Niner]

Trump tax rep acknowledged much lower value for Mar-a-Lago

Trump claimed $3-5B net worth in lease to run NYC golf course

On the first link -


Donald Trump's daughter Ivanka Trump is now scheduled to testify on Wednesday, Nov. 8, after a scheduling conflict necessitated the change.

Her testimony will come at the conclusion of the New York attorney general's case, before the defense puts on its case.

Both parties agreed to in court today to change the date of her appearance from the original date this coming Friday.
Donald Trump Jr. is still set to begin his testimony this Wednesday, and state attorney Andrew Amer suggested that the state will need less than a full trial day top question him.

"Eric Trump should be available to start whenever we finish Donald Trump Jr.," Amer said.

Eric Trump will likely testify through Thursday, and no additional witnesses are currently scheduled to testify on Friday.

 

[tlcya]

An insurance company executive testified that the Trump Organization kept its financial documents closely guarded to an unusual extent.

Claudia Mouradian, a senior underwriting officer at Zurich North America, provided the testimony via a deposition video. Mouradian, who lives outside New York and is nine months pregnant, is the only witness who has been excused from in-person testimony.

Mouradian, who began working on the Trump Organization account for Zurich in 2017, said that the Trump Organization placed restrictions on taking financial materials out of their offices.

"It is rare," she said about the restrictions.

When she reviewed Donald Trump's financial statements in 2018, she recalled a one-hour meeting in Trump Tower overseen by then-Trump Organization CFO Allen Weisselberg.

"He took me to the boardroom. He provided me the financial statements. [He said,] 'take as many notes as you would like, no cellphones, no photocopies,'" Mouradian said. "Allen stayed in the room with me."
Trump allowed no copies of statements, insurance exec says

 

[Smelly Squirrel]

"He took me to the boardroom. He provided me the financial statements. [He said,] 'take as many notes as you would like, no cellphones, no photocopies,'" Mouradian said. "Allen stayed in the room with me."

Sounds legit.

 

[Inthedetails]

Sounds legit.

Yep. Easy to provide one set of documents here, another set of documents there....and never allow proof that the numbers change.

jmo

 

[Niner]

Tuesday, October 31st:
*Bench Trial continues (Day 20) (@ 10am ET) – NY - New York vs. Donald J. Trump (76/now 77), Donald Trump, Jr. (45) & Eric Trump (38/now 39) & the Trump Organization, Inc. (Allen Weisselberg (75/now 76) & Jeffrey McConney) are being sued by Letitia James, the New York Attorney General, who is leading a civil investigation (which cannot result in criminal charges filed on 9/21/22) & has spent years looking at whether the company committed various acts of fraud over several decades. In the civil case, Ms. James has filed a lawsuit against Trump & two of his children accusing them of "astounding" fraud & deception.
New York is seeking $250 million in financial penalties & asked the court to ban Trump, Donald Trump Jr. & Eric Trump from serving as an officer or director in any corporation registered or licensed in New York. James also requested the court ban the former president & his business from acquiring real estate in New York or from applying for loans from any New York financial institution for five years. James's civil case accuses Trump of lying from 2011 to 2021 about asset values at the Trump Organization, as well as his own net worth, in order to obtain better terms from lenders & insurers.
Lawsuit against: Donald John Trump, Donald Trump, Jr, Eric Trump, Allen Weisselberg, Jeffrey McConney, The Donald J. Trump Revocable Trust, The Trump Organization, Inc., Trump Organization LLC, DJT Holdings LLC, DJT Holinds Managing Memer, Trump Endeavor 12 LLC, 401 North Wabash Venture LLC, Trump Old Post of Fice LLC, 40 Wall Street LLC & Seven Springs LLC.
All charges against Ivanka Trump were dismissed in June, 2023.
Bench Trial began on 10/2/23. (could last until 12/22/23 per Judge).
The lawsuit’s remaining 6 counts allege similar acts of fraud (that Trump inflated his assets on statements of financial condition that he submitted to banks & insurers for personal gain).
Judge Arthur F. Engoron presiding / NY State Attorney General Leticia James & senior enforcement counsel Kevin Wallace, Defense attorney Christopher Kise & Jesus Suarez & Alina Habba for Trump, Weisselberg & the rest of the defendants for Trump Org. / Clifford Robert of Robert & Robert PLLC for Donald, Jr. & Eric.
Trump fined $5,000 on 10/20/23 for violating his gag order & on 10/25/23 Trump fined $10,000 for violating his gag order 2nd time. Both paid on 10/30/23 per Alina Habba.
Case & court info & Summary Judgement from 9/21/22 thru 9/28/23 & Bench Trial Day 1-18 (10/2-10/27/23) reference post #822 here:
https://www.websleuths.com/forums/t...mp-org-and-executives-oct-2023.673964/page-42
10/30/23 Update: Ivanka Trump is now scheduled to testify on Wednesday, 11/8/23 after a scheduling conflict necessitated the change. Her testimony will come at the conclusion of the New York attorney general's case, before the defense puts on its case. Both parties agreed to in court today to change the date of her appearance from the original date this coming Friday.Donald Trump Jr. is still set to begin his testimony this Wednesday, 11/1/23 & state attorney Andrew Amer suggested that the state will need less than a full trial day top question him. "Eric Trump should be available to start whenever we finish Donald Trump Jr.," Amer said. Eric Trump will likely testify through Thursday, 11/2/23 & no additional witnesses are currently scheduled to testify on Friday.
10/30/23 Update: Lawyers for the NY atorney general, in a late-day court filing, said they support the court-ordered pause on canceling Trump's business certificates -- but warn that a stay of Trump's civil fraud trial would cause a "cascade of delays." In today's filing, NY Attorney General Letitia James wrote she was "willing to agree to stay enforcement … pending the end of trial & entry of final judgment."On the other parts of Trump's appeal -- including the request to delay the trial and arguments against Engoron's summary judgment ruling that Trump committed fraud -- James vehemently argued in favor of letting the trial run its course. Trump's legal team has until 11/9/23 to submit their reply.
10/30/23 Monday, Bench Trial Day 19: State witnesses: David Cerron, an assistant commissioner at the New York City Parks Dept. Claudia Mouradian, a senior underwriting officer at Zurich North America, provided the testimony via a deposition video.
For more info see post #831 & 833 here:
https://www.websleuths.com/forums/t...mp-org-and-executives-oct-2023.673964/page-42
Bench Trial continues on Tuesday, 10/31/23.

 

[tlcya]

Sounds legit.

Trump has always held that his wealth is something to crow about, from the rooftops, with megaphone. It is literally equal to his manhood in his own mind.

The fact he only allowed the numbers to be reviewed on his turf, for a limited time, while chaperoned, and no copies or photos, tells me his, er, wallet, was, er, well lacking.
------------------------------------------------------------
Engoron's observation came during the defense's effort to preclude testimony from the attorney general's expert witness. In denying their effort, the judge also shot down the defense's argument that disgorgement -- fining Trump for illegal profits -- is off the table.

"For reasons this court has explained ad nauseam, that view is simply incorrect," Engoron said. "Disgorgement is a clearly available remedy."
[snip]
"Several witnesses have testified that they would have acted differently had they known the statements of financial condition were fraudulent," Engoron responded.

"I think, to a certain extent, the defendants are whistling past the graveyard here," the judge added.
Judge says fining Trump for illegal profits is 'an available remedy'

 

[musicaljoke]

Trump has always held that his wealth is something to crow about, from the rooftops, with megaphone. It is literally equal to his manhood in his own mind.

The fact he only allowed the numbers to be reviewed on his turf, for a limited time, while chaperoned, and no copies or photos, tells me his, er, wallet, was, er, well lacking.
------------------------------------------------------------
Engoron's observation came during the defense's effort to preclude testimony from the attorney general's expert witness. In denying their effort, the judge also shot down the defense's argument that disgorgement -- fining Trump for illegal profits -- is off the table.

"For reasons this court has explained ad nauseam, that view is simply incorrect," Engoron said. "Disgorgement is a clearly available remedy."
[snip]
"Several witnesses have testified that they would have acted differently had they known the statements of financial condition were fraudulent," Engoron responded.

"I think, to a certain extent, the defendants are whistling past the graveyard here," the judge added.
Judge says fining Trump for illegal profits is 'an available remedy'

"Whistle past the graveyard": to act or talk as if one is not afraid when one is actually afraid.

 

[JerseyGirl]

As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trial

When Donald Trump tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running, according to internal emails aired Tuesday at the former president's civil fraud trial. “Trump has little chance of being approved by the NFL,"...

news.yahoo.com

 

[JerseyGirl]

Trump family to take the stand at $250 million civil fraud trial

Donald Trump Jr. is scheduled to testify Wednesday, Eric Trump most likely on Thursday and the former president and daughter Ivanka next week.

www.nbcnews.com

Donald Trump's sons are taking center stage at the$250 million civil fraud trial against the Trump family and their company in New York this week, with Donald Trump Jr. taking the stand Wednesday.

The oldest son of the former president is expected to be grilled by lawyers from state Attorney General Letitia James' office about his involvement in and knowledge of financial statements the attorney general alleges were grossly inflated.

He'll be followed by his brother Eric Trump, who is expected to testify late Wednesday or Thursday, with their father, the former president, taking the stand on Monday. His testimony will be followed by his daughter Ivanka Trump's.