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Judge: Trump’s Real Estate Boasts Civil Trial Could Last Three Months

By 09/10/2023 10:59 AMNo CommentsBy YidInfo Staff


According to a timeline provided by the court hearing the case on Friday, the next civil trial over claims that former President Donald Trump lied about his wealth might run up to three months.

Letitia James, the attorney general of New York, has sued Donald Trump and his family business, and the trial is set to begin with opening arguments on October 2.

James claimed in the lawsuit that Trump routinely overstated the worth of his real estate holdings, which led to him misleading lenders, possible business partners, and other parties.

The trial is anticipated to include a significant amount of expert testimony regarding the true value of Trump’s holdings, such as his skyscrapers and golf clubs.

The trial should be over by December, according to a Friday-filed ruling from Judge Arthur Engoron.

Trump has disputed the estimates of the value of his holdings, claiming that his mansions, skyscrapers, and golf courses were opulent, distinctive properties that were made even more valuable by his personal reputation.

He has also claimed that even if some of the valuations included in his financial statements weren’t correct, it didn’t matter because each one was accompanied by a warning meant to warn banks that they might be “worthless” and shouldn’t be relied upon to make crucial business choices.

James, a Democrat, has contended that Trump’s financial assertions were false and intended, among other things, to secure him better credit conditions.

She claimed in a court filing on Friday that Trump exaggerated his net worth by as much as $2.2 billion and as much as $812 million, depending on the year.

The judge has allowed three months for the trial, but it may end up being shorter.

The trial will take place as Trump also gets ready for four other criminal charges that have been brought against him in Florida, Georgia, New York, and Washington, D.C.

Some of those trials might occur right around the time when Republicans will be choosing whether to support Trump as their nominee to succeed Joe Biden as the party’s president.


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