Donald Trump’s Business Fraud Trial Ends Day One In New York

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The first day of former president Donald Trump’s civil business fraud trial came to an end on Monday afternoon.

Trump did not have to be present for the trial’s opening, but he did attend for the entirety of Donald Bender, a consultant for the Trump Organization, to give the first witness testimony.

The value of the defendants’ real properties is allegedly overstated, including Trump.

Trump, who stated that he is “going to court… to fight for my name and reputation,” would be required to pay $250 million in fines and be barred from conducting business in the state of New York if found guilty.

While running for president again in the 2024 election, Trump is now involved in four active legal disputes in New York alone.

Trump maintained that the accusations were the result of a “witch hunt” that was politically driven and contended that he should also be protected because his contacts featured a “buyer beware” clause.

People must conduct their own due diligence, he claimed, but nevertheless, he doesn’t think anyone was harmed by the financial data.

Bender provided testimony regarding the Trump Organization’s procedures, in particular how the financial statements that are the focus of the trial are created. He claimed that the financial data provided by Trump’s executives served as the basis for the assertions he created.

Allan Weisselberg, the former chief financial officer of the Trump Organization, is most likely to be called as the first significant witness. As a defendant in the case, he is fairly high on the list of potential witnesses.

Weisselberg received a five-month prison term earlier this year for financial offenses he committed while employed there. He entered a guilty plea on 15 counts, including grand theft, tax fraud, and fabricating financial records, last year.

On the witness roster, former Trump attorney Michael Cohen is another well-known figure. On Monday, the prosecution aired a portion of a video deposition with Cohen in which he claimed to have contributed to the creation of financial records spanning several years.

He was cited as adding that Weisselberg and other members of the company would manipulate the figures to move Trump up the Forbes list.