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Ivanka Trump testified on Wednesday that she had no role in her father's personal financial statements, echoing her adult brothers about documents central to the civil fraud trial that could reshape Donald Trump's family business. The former president's elder daughter, who has been in his inner circle in both business and politics, rounds out a major stretch in the trial. Her father took the stand on Monday, and her brothers Eric Trump and Donald Trump Jr. testified last week. Unlike her father and brothers, Ivanka Trump is no longer a defendant in New York Attorney General Letitia James' lawsuit. It alleges that Donald Trump's asset values were fraudulently pumped up for years on annual statements of financial condition that helped him get loans and insurance. I wasn't involved in his statement of financial condition, Ivanka Trump, a former executive vice president at the family's Trump Organisation, told the court during even-tempered testimony that provided a counterpoint to her
Donald Trump Jr. testified on Wednesday that he never worked on his father's financial statements, the documents now at the heart of the civil fraud trial that threatens former President Donald Trump's real estate empire. The ex-president's eldest son is an executive vice president of the family's Trump Organisation and has been a trustee of a trust set up to hold its assets when his father was in the White House. At least one of the annual financial statements bore language saying the trustees are responsible for the document. But Donald Trump Jr. said he didn't recall ever working on any of the financial statements and had no specific knowledge of them. The lawsuit centers on whether the former president and his business misled banks and insurers by inflating his net worth on the financial statements. He and other defendants, including sons Donald Jr. and Eric, deny wrongdoing. Trump Jr. said he signed off on statements as a trustee, but had left the work to outside accountants a
Donald Trump's company cultivated a culture of fraud and deception by lavishing luxe perks on executives and falsifying records to hide the compensation, a prosecutor told jurors Thursday during closing arguments at the Trump Organisation's criminal tax fraud trial. Assistant Manhattan District Attorney Joshua Steinglass' fiery summation followed defence arguments that sought to focus blame for the fraud on longtime company finance chief Allen Weisselberg, who has admitted scheming to avoid paying personal income taxes on a company-paid apartment, luxury cars and other goodies. Weisselberg did it for Weisselberg," Trump Organisation lawyer Michael Van der Veen said, punctuating his closing argument with the defence team's mantra during the monthlong trial. Steinglass pushed back when it was his turn, telling jurors: Both halves of that sentence are wrong. It wasn't just Weisselberg doing it and it wasn't just Weisselberg who benefited. The Trump Organisation, the entity through whi