Eric Trump Scrutinized in Fraud Trial
Eric Trump, son of former President Donald Trump, faced scrutiny in a civil fraud trial as evidence suggested his involvement in potentially inflated asset valuations. New York Attorney General Letitia James alleges that Donald Trump, his company, and executives, including Eric Trump, inflated asset values on financial statements. However, the defendants deny these claims.
The trial focused on appraisals conducted about a decade ago for two Trump properties in Westchester County, New York – Trump National Golf Club and Seven Springs estate. These appraisals were sought in connection with potential conservation easements, which are agreements to restrict development in exchange for tax breaks. Testimony and documents suggest Eric’s active involvement in these appraisals, contradicting his claims of not remembering them.
The trial continues as the Attorney General’s office seeks to prove its allegations of fraudulent asset valuations.
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