Closing arguments are in progress new york Courtroom in former President Donald Trump’s civil business fraud trial. two of his sons; And their company, the Trump Organization.
New York Attorney General Letitia James said Trump and other defendants changed the listed prices of more than a dozen real estate assets listed in their annual financial statements to reap “hundreds of millions of dollars in ill-gotten gains.” He accused them of plotting to falsely inflate the situation. From better financing conditions.
Mr. James asked Manhattan Supreme Court Judge Arthur Engoron to fine Mr. Trump $370 million, permanently ban him from the state’s real estate industry, and bar him from serving as an officer or director of any New York company. .
The attorney general is also seeking a five-year ban on his sons Donald Trump Jr. and Eric Trump from the state’s real estate industry.
Mr. Trump was scheduled to deliver part of the defense’s closing argument, his lawyer said, but Mr. Engoron on Wednesday refused to confirm whether the former president would abide by the speech restrictions. He was barred from making his closing argument.
Mr. Trump, a front-runner for the Republican presidential nomination, has denied any wrongdoing in the case and maintains that he is the victim of politically motivated persecution by Mr. James, a Democrat.
The trial, without a jury, lasted 44 days.
Engoron is expected to rule on the case in the coming weeks.
