Key takeaways:
- Former President Donald Trump is set to make a rare, voluntary court appearance on Monday in New York City for the start of a civil trial in a lawsuit brought by the New York Attorney General’s office.
- The $250 million civil fraud lawsuit was filed against Trump, his company, and two of his children.
- The outcome of the trial could have widespread implications for Trump’s businesses, and the trial is set to begin on Monday morning in Manhattan.
Former President Donald Trump is set to make a rare, voluntary court appearance on Monday in New York City for the start of a civil trial in a lawsuit brought by the New York Attorney General’s office. The lawsuit alleges that Trump committed fraud in his business dealings by lying to banks and insurers by overvaluing and undervaluing his assets and exaggerating his net worth by billions of dollars.
The $250 million civil fraud lawsuit was filed against Trump, his company, and two of his children. The trial, which is expected to last three months and conclude by December 22nd, will be decided by Judge Arthur Engoron.
Trump has expressed his displeasure with the lawsuit and Judge Engoron’s ruling, taking to his Truth Social platform to say, “I’m going to Court tomorrow morning to fight for my name and reputation. See you in Court – Monday morning.”
The outcome of the trial could have widespread implications for Trump’s businesses, as the former president has a long history of real estate holdings in New York City. Trump’s defense against the allegations of fraud is likely to be based on his own version of the facts, which may or may not be accepted by the court.
The trial is set to begin on Monday morning in Manhattan. It is unclear what the outcome of the trial will be, but it is sure to have far-reaching implications for Trump and his businesses.
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