Current:Home > ContactTrump expected to attend opening of his civil fraud trial in New York on Monday -ProfitPoint
Trump expected to attend opening of his civil fraud trial in New York on Monday
Johnathan Walker View
Date:2025-04-11 02:21:10
Former President Donald Trump is expected to attend the opening of his civil fraud trial in New York on Monday, multiple sources familiar with the decision told ABC News.
Opening statements are scheduled to begin Monday at 10 a.m. in the case brought last September by New York Attorney General Letitia James, who accused Trump, his eldest sons and his family business of inflating Trump's net worth by more than $2 billion by overvaluing his real estate portfolio.
The valuations caused lenders and insurers to give Trump better terms than he otherwise deserved, the attorney general said.
MORE: 5 things to watch for in Trump's $250 million civil fraud trial
Last week, the presiding judge, Arthur Engoron, granted the state's motion for partial summary judgment, effectively deciding the core of the case, finding "conclusive evidence" Trump and the others "overvalued the assets reported in the statements of financial condition between 17.27-38.51%; this amounts to a discrepancy of between $812 million and $2.2 billion."
The bench trial will help Engoron decide how much monetary penalties Trump should pay. The state has asked for about $250 million.
Trump has no speaking role on Monday, but he is expected to return to the courthouse in lower Manhattan toward the end of the state's case when court records show he will be called as a witness.
MORE: Judge says New York AG's $250M lawsuit against Trump will proceed without delay
veryGood! (74)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- 2024 SAG Awards: Glen Powell Reacts to Saving Romcoms and Tom Cruise
- Traveling With Your Pet? Here Are the Must-Have Travel Essentials for a Purrfectly Smooth Trip
- Vigils held across U.S. for nonbinary Oklahoma teen who died following school bathroom fight
- A South Texas lawmaker’s 15
- These Candid 2024 SAG Awards Moments Will Make You Feel Like You Were There
- The NFL should be ashamed of itself that Eric Bieniemy has to coach in college
- Idaho is set to execute a long-time death row inmate, a serial killer with a penchant for poetry
- Trump wants to turn the clock on daylight saving time
- Border Patrol releases hundreds of migrants at a bus stop after San Diego runs out of aid money
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Inexpensive Clothing Basics on Amazon that Everyone Needs in Their Wardrobe STAT
- Biden and Utah’s governor call for less bitterness and more bipartisanship in the nation’s politics
- AT&T will give $5 to customers hit by cellphone network outage
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Flaco, owl that escaped from the Central Park Zoo, dies after colliding with building
- These Candid 2024 SAG Awards Moments Will Make You Feel Like You Were There
- Former NFL player Richard Sherman arrested on suspicion of DUI, authorities in Washington state say
Recommendation
Meet first time Grammy nominee Charley Crockett
Former NFL player Richard Sherman arrested on suspicion of DUI, authorities in Washington state say
Mega Millions winning numbers for February 23 drawing as jackpot passes $520 million
Jodie Turner-Smith Breaks Silence on Joshua Jackson Divorce
Woman dies after Singapore family of 3 gets into accident in Taiwan
AT&T will give $5 to customers hit by cellphone network outage
You Can't Miss Emma Stone's Ecstatic Reaction After Losing to Lily Gladstone at the 2024 SAG Awards
South Carolina voter exit polls show how Trump won state's 2024 Republican primary