Donald Trump to take the stand in New York fraud trial today
CBSN
Former President Donald Trump is expected to be called to the stand Monday in his family's New York fraud trial — a moment years in the making.
The investigation, led by New York Attorney General Letitia James, first became public in 2020, when his son Eric Trump unsuccessfully fought a subpoena. Two years later, James' office filed a $250 million lawsuit accusing Trump, the Trump Organization, and several executives including his sons Eric and Donald Trump Jr., of a yearslong fraud scheme. They have denied wrongdoing, and Trump has repeatedly accused James of pursuing him for political reasons.
Trump is accused in the civil suit of being the primary beneficiary of a scheme to fraudulently portray his wealth as far greater than it is, and his properties as far more valuable, in order to get undeservedly favorable loan and insurance terms. The judge in the case has already found Trump, his two adult sons and their company liable for fraud, determining that the scheme led to hundreds of millions in unearned profits.
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