Donald Trump Jr., the eldest son of former President Donald Trump, took the witness stand in a $250 million civil trial that accuses him and his family business of years of financial fraud in New York. The trial will determine the penalties that Trump Jr., his father, his brother Eric, and their family business must pay after being found liable for the fraud. The New York Attorney General, Letitia James, contends that the Trump adult sons were aware of and knowingly participated in a scheme to inflate the value of assets to obtain favorable bank and insurance rates.
During his testimony, Trump Jr. stated that he had not been in charge of accounting details at the company and relied on professionals and CPAs. He also mentioned that accountant Donald Bender handled the accounting needs for the organization. However, earlier in the trial, Bender testified that the Trump family had provided him with faulty numbers to use on financial statements.
Trump Jr.'s testimony marked the beginning of a more high-profile phase in the trial, as other members of the Trump family are expected to take the witness stand in the coming days. Eric Trump is scheduled to testify on Thursday, followed by Donald Trump on November 6. Ivanka Trump, who is appealing an order to testify, is expected to appear in court on November 8.
The trial will shed light on the Trump family's dynamics and business practices as they face allegations of fraud and inflating net worth.