Donald Trump Jr. Testifies in New York Fraud Trial

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ICARO Media Group
Politics
01/11/2023 22h11

In a dramatic turn of events, Donald Trump Jr., the eldest son of former President Donald Trump, took the witness stand in his father's civil fraud case in New York. The trial, which had resumed on Wednesday, saw Don Jr. being questioned by the office of the New York attorney general.

Dressed in a blue shirt and pink tie, Don Jr. entered the courtroom accompanied by his lawyers. As photographers rushed in, Judge Arthur Engoron commented on the attention the case was receiving. Amid the flurry of activity, Don Jr. was sworn in and began answering questions.

The attorney general's office first sought to establish Don Jr.'s qualifications and accounting expertise. However, the former president's son admitted a lack of accounting sophistication, relying on CPAs for understanding complex accounting principles such as GAAP (generally accepted accounting principles).

As the questioning continued, Don Jr. provided some moments of levity in the courtroom. When asked about the pronunciation of "revocable" regarding the Donald J. Trump Revocable Trust, he confessed not having the answer and playfully stated his preference for "rev-uh-cab-le." Laughter filled the room as he admitted his unfamiliarity with "rev-oh-cab-le."

Documents were also presented during the trial, including one from March 9, 2017, which appointed Don Jr. and his brother Eric Trump as agents of the trust. Interestingly, this appointment occurred several weeks after Donald Trump assumed the presidency.

The proceedings paused briefly, allowing Don Jr. to step down from the witness stand. However, as he left the courtroom, shouts erupted from the photographers and cameramen waiting outside. The session resumed shortly after, and Don Jr. was questioned about the trust holding his father's assets.

Later, the attorney general's office inquired about the Trump Organization's international deals and overseas licensing agreements. Forbes had previously reported on these ventures, revealing the involvement of the Trump children but noting that they constituted a relatively small portion of the former president's business.

The attorney general's office also introduced a document suggesting Don Jr.'s involvement in the statements of financial condition, despite his initial denial. This conflicting information raised questions about the accuracy of his previous testimony.

Prior to Don Jr.'s appearance, two other witnesses testified. Following a contentious start to the day, with former President Trump expressing his frustration on social media, David Orowitz, a former Trump employee involved in securing a lease for Washington, D.C.'s Old Post Office, took the stand.

During Orowitz's testimony, an email exchange was revealed regarding extra financing for Trump's Doral golf resort in Miami, demonstrating involvement in financial matters while Donald Trump was running for president.

Expert witness Michiel McCarty, chairman and chief officer of M.M. Dillon & Co., testified about interest rates and capital transactions. His calculations suggested that Donald Trump potentially saved $168 million by misleading financial institutions about his net worth.

The trial adjourned for lunch with the cross-examination of McCarty still underway. Trump's legal team challenged the hypothetical interest rates used in the analysis, pointing out that refinancing had occurred during the investigation.

As the trial resumed after lunch, the focus shifted to Trump's lenders and the argument that they would have made loans even if he had a lower net worth. The defense team sought to cast doubt on McCarty's analysis and the hypothetical rates used.

The day's events culminated in anticipation as Donald Trump Jr. prepared to take the witness stand. With the trial set to continue, the case against the former president continues to unfold, capturing widespread attention and scrutiny.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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