Key takeaways:
- Former President Donald Trump is scheduled to sit for a deposition in the Lower Manhattan offices of New York State Attorney General Letitia James, related to a lawsuit seeking $250 million in damages.
- The lawsuit alleges that the former president and his family were involved in an expansive scheme lasting over a decade, providing false financial statements to lenders and others to enrich themselves.
- The lawsuit seeks to recover the money that was allegedly obtained by the Trump family through fraudulent means.
Former President Donald Trump is scheduled to sit for a deposition Thursday in the Lower Manhattan offices of New York State Attorney General Letitia James. This deposition is related to a lawsuit filed by the attorney general’s office in September, which seeks $250 million in damages from Trump, his children and the Trump Organization.
The lawsuit alleges that the former president and his family were involved in an expansive scheme lasting over a decade, providing false financial statements to lenders and others to enrich themselves. This deposition marks Trump’s first return to New York since April 4, when he was arraigned on 34 felony counts of falsification of business records in a Manhattan criminal case related to hush money payments made before the 2016 election.
In August 2022, Trump sat for a deposition for the case, but refused to answer questions, citing his Fifth Amendment right against self-incrimination to more than 400 questions. It is unclear if Trump will answer questions in this upcoming deposition, or if he will continue to invoke his Fifth Amendment rights.
The lawsuit seeks to recover the money that was allegedly obtained by the Trump family through fraudulent means. It is unclear if the lawsuit will be successful, but it is a significant step in the ongoing legal battle between the former president and the New York State Attorney General’s office.
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