Current:Home > FinanceTrump expected to attend opening of his civil fraud trial in New York on Monday -消息
Trump expected to attend opening of his civil fraud trial in New York on Monday
View
Date:2025-04-26 08:16:50
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! (91)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Grand prize winner removed 20 Burmese pythons from the wild in Florida challenge
- Trail camera captures 'truly amazing' two-legged bear in West Virginia: Watch
- 2-year-old fatally struck by car walked onto highway after parents put her to bed
- Global Warming Set the Stage for Los Angeles Fires
- Tallulah Willis Details Painful Days Amid Dad Bruce Willis' Health Battle
- WNBA awards Portland an expansion franchise that will begin play in 2026
- Dancing With the Stars' Gleb Savchenko Shares Message to Artem Chigvintsev Amid Divorce
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Lack of citizenship documents might keep many from voting in Arizona state and local races
Ranking
- Average rate on 30
- Chiefs RB depth chart: How Isiah Pacheco injury, Kareem Hunt signing impacts KC backfield
- Heather Gay Reveals RHOSLC Alum's Surprising Connection to Secret Lives of Mormon Wives Star
- Could Panthers draft another QB after benching Bryce Young? Ranking top options in 2025
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- New Study Suggests Major Climate Reports May Be Underestimating Drought Risks
- How much do you tip? If you live in these states, your answer may be lower.
- What to know about the pipeline fire burning for a third day in Houston’s suburbs
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Sean ‘Diddy’ Combs’ indictment alleges he used power to build empire of sexual crime
Jamie-Lynn Sigler Shares Son Beau, 11, Has No Memory of Suffering Rare Illness
College Football Playoff bracketology: SEC, Big Ten living up to expectations
Former Syrian official arrested in California who oversaw prison charged with torture
How can I resolve a hostile email exchange before it escalates? Ask HR
Why Dolly Parton Is Defending the CMAs After Beyoncé's Cowboy Carter Snub
California passes protections for performers' likeness from AI without contract permission