ABC News reports:
After hearing 11 weeks of testimony, a judge on Thursday will hear closing arguments in a court case that could dismantle former President Donald Trump’s New York-based business empire.
The final decision in Trump’s civil fraud trial — which Judge Arthur Engoron is expected to issue later this month — could not only cost Trump hundreds of millions of dollars but also bar him from the New York real estate industry that propelled him to stardom and, later, the U.S. presidency.
In a partial summary judgment issued on the eve of the trial, Engoron determined, based on the inconsistencies in Trump’s financial statements and supporting documents, that the former president inflated his net worth by as much as $2.2 billion in documents he used to secure key business deals.
Read the full article.
Today, my office will present our closing arguments in our trial against Donald Trump for financial fraud.
For years, Donald Trump engaged in significant financial fraud to enrich himself and his family.
No matter how rich or powerful you pretend to be, no one is above the law.
— NY AG James (@NewYorkStateAG) January 11, 2024
So, it was ok for Trump to fly to Iowa last night to do a campaign event but it’s not ok for closing arguments to go forward in NY this morning because he needs to stay home and comfort Melania? pic.twitter.com/FZfD7dluKX
— Ron Filipkowski (@RonFilipkowski) January 11, 2024
Classic Trump — he’s saying he wants to speak in his closing arguments in the business fraud case but he won’t agree to the Judge’s conditions so he’s going to say he wasn’t allowed to speak in his own defense & that it invalidates a case that’s already been decided.
It’s always… pic.twitter.com/VFRfK8PYsz
— Jo (@JoJoFromJerz) January 10, 2024
Former President Donald Trump’s civil fraud trial will come to a close on Thursday – and he is expected to attend the proceedings. https://t.co/Vyo6PMFCSJ
— CBS News (@CBSNews) January 11, 2024