Key takeaways:
- Donald Trump, Don Jr., and Eric Trump, as well as Allen Weisselberg, will be called as witnesses in the trial.
- The trial is seeking $250 million in penalties for alleged financial fraud.
- The Trump Organization has denied any wrongdoing and has accused the New York Attorney General’s office of pursuing a politically motivated case.
New York Attorney General Letitia James is calling former President Donald Trump and his three oldest children to the stand next week in a $250 million civil fraud trial against the Trump Organization. The trial will focus on allegations that the Trumps have been exaggerating their business assets for years.
Court filings show that Donald Trump, Don Jr., and Eric Trump will all be called as witnesses in the trial. Also named on the witness list is Allen Weisselberg, the former chief financial officer of the Trump Organization. Weisselberg pleaded guilty last year to running a 15-year tax fraud scheme at the company and was sentenced to five months in jail.
The trial is expected to be a lengthy process, as prosecutors will be pressing for $250 million in penalties as recompense for the alleged financial fraud. It is unclear at this time what evidence will be presented in the trial or how the Trumps will respond to the allegations.
The Trump Organization has denied any wrongdoing and has accused the New York Attorney General’s office of pursuing a politically motivated case. The trial is scheduled to begin on Monday and is expected to last several weeks. It is unclear at this time how the proceedings will unfold or what the outcome will be.
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