September, Friday 20, 2024

Ivanka Trump's testimony in New York fraud trial reveals hazy memory regarding loan specifics


3I8rKgKP0lUR6St.png

Ivanka Trump testified in a civil fraud case against her father's firm, claiming that she couldn't remember any property deals she handled. In this case, a judge has already found Donald Trump and his two sons liable for fraud. Ivanka Trump was initially a co-defendant in the case but won an appeals court ruling in her favor this year. She tried to avoid testifying, citing her inability to leave her children during the school week, but the judge ruled that she must take the stand. The lawsuit, filed by the New York Attorney General, alleges that the Trumps inflated assets to secure loans and seeks $250 million in fines and strict limitations on the Trump business in the state. During her testimony, Ivanka Trump frequently claimed not to recall specifics or be aware of certain matters. She distanced herself from her father's financial statements, which are central to the case, and stated that she was not involved in his statement of financial condition. The defense team sought to portray a good relationship between the Trumps and their loan provider, Deutsche Bank. Tensions arose during the cross-examination, leading to arguments between the judge, defense attorneys, and the state attorney general's team. Despite some potentially helpful documents being introduced, Ivanka Trump's testimony was deemed less damaging to her father's case compared to his own testimony earlier in the trial. The trial, which began on November 29th, is expected to last until mid-December.