Calay News
Former US President Donald Trump appeared before a Manhattan court on the second day of a civil trial where he, along with his two sons, was accused of inflating the value of their real estate assets in the 2010s. The trial, initiated by New York Attorney General Letitia James, alleges that Trump and his family’s company, the Trump Organization, exaggerated their assets’ value, leading to an investigation.
Facing claims of $250 million in damages, Trump vehemently criticized James, labeling her as “extremely corrupt” and “highly incompetent” before entering the courtroom. The trial holds immense significance as it could result in Trump losing control of iconic buildings like the Trump Tower in Manhattan.
Trump, who dismissed the trial as a “witch hunt” and a “farce,” asserted that the proceedings were an attempt to undermine his potential candidacy in the upcoming presidential elections. The trial gained prominence last week when Judge Arthur Engoron ruled the existence of “ongoing fraud,” indicating that the prosecution had demonstrated Trump and his company executives overestimated their wealth by $812 million to $2.2 billion between 2014 and 2021.
Trump has consistently denied the allegations and intensified his attacks on Attorney General James, whom he referred to as “racist,” and Judge Engoron, whom he labeled as “deranged.” The trial continues to draw national attention, underscoring the legal challenges faced by the former president.
