Current:Home > InvestTrump expected to attend opening of his civil fraud trial in New York on Monday -CapitalWay
Trump expected to attend opening of his civil fraud trial in New York on Monday
View
Date:2025-04-12 10:36:44
Former President Donald Trump is expected to attend the opening of his civil fraud trial in New York on Monday, multiple sources familiar with the decision told ABC News.
Opening statements are scheduled to begin Monday at 10 a.m. in the case brought last September by New York Attorney General Letitia James, who accused Trump, his eldest sons and his family business of inflating Trump's net worth by more than $2 billion by overvaluing his real estate portfolio.
The valuations caused lenders and insurers to give Trump better terms than he otherwise deserved, the attorney general said.
MORE: 5 things to watch for in Trump's $250 million civil fraud trial
Last week, the presiding judge, Arthur Engoron, granted the state's motion for partial summary judgment, effectively deciding the core of the case, finding "conclusive evidence" Trump and the others "overvalued the assets reported in the statements of financial condition between 17.27-38.51%; this amounts to a discrepancy of between $812 million and $2.2 billion."
The bench trial will help Engoron decide how much monetary penalties Trump should pay. The state has asked for about $250 million.
Trump has no speaking role on Monday, but he is expected to return to the courthouse in lower Manhattan toward the end of the state's case when court records show he will be called as a witness.
MORE: Judge says New York AG's $250M lawsuit against Trump will proceed without delay
veryGood! (6)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Taylor Swift and Travis Kelce pack on the PDA. We can't stop watching.
- Two fired utility execs and a former top Ohio regulator plead not guilty in bribery scheme
- 'Madame Web' review: Dakota Johnson headlines the worst superhero movie since 'Morbius'
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Kaia Gerber Shares Why She Keeps Her Romance With Austin Butler Private
- King Charles III returns to London from country retreat for cancer treatment
- These 'America's Next Top Model' stars reunited at Pamella Roland's NYFW show: See photos
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Britain's King Charles, in first statement since cancer diagnosis, expresses heartfelt thanks for support
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Witness testifies he didn’t see a gun in the hand of a man who was killed by an Ohio deputy
- North Carolina man won $212,500 from lottery game: 'I had to sit down just to breathe'
- Kansas City mom charged after she 'accidentally placed' baby in oven, prosecutors say
- Highlights from Trump’s interview with Time magazine
- Arizona moves into No. 1 seed in latest USA TODAY Sports men's tournament Bracketology
- Natasha Kravchuk from ‘Natasha’s Kitchen’ shares her recipe for her mom’s fluffy pancakes
- Kendall Jenner Makes a Splash in New Calvin Klein Campaign
Recommendation
What to watch: O Jolie night
Natasha Kravchuk from ‘Natasha’s Kitchen’ shares her recipe for her mom’s fluffy pancakes
Biden leans into Dark Brandon meme after Chiefs' Super Bowl win
More than a dozen injured after tour boat and charter boat crash in Miami waters, officials
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Sports betting around Super Bowl 58 appears to have broken several records
A Florida earthquake? Really? Initial skepticism gives way to science. Here's why
Hospitals are fighting a Medicare payment fix that would save tax dollars