Donald Trump's fixer-turned-foe Michael Cohen is poised to testify against his old boss as a key witness at the civil fraud trial that threatens to upend the former president's real estate empire and wealthy image.
FILE - Judge Arthur Engoron sits on the bench in the courtroom before the start of a civil business fraud trial against the Trump Organization, Oct. 4, 2023, at Supreme Court in New York. Judge Engoron threatened Friday, Oct. 20, 2023, to hold Donald Trump in contempt, raising the possibility of fining or even jailing the former president because his disparaging social media post about a key court staffer remained visible for weeks on his campaign website after the judge ordered it deleted.
Trump attended the trial for two days last week — having planned the trip when it was expected that Cohen would be testifying. Trump was also in court for the trial’s first three days in early October. The trial wasn’t held Monday because of issues related to an apparent COVID-19 exposure. Trump is expected to testify later in the trial. All of his trips to the case so far have been voluntary.
Trump denies any wrongdoing. He says his assets were actually undervalued and maintains that disclaimers on his financial statements essentially told banks and other recipients to check the numbers out for themselves. James, a Democrat, has credited Cohen as the impetus for her civil investigation, which led to the fraud lawsuit being decided at the trial. She cited Cohen’s testimony to Congress in 2019 that Trump had a history of misrepresenting the value of assets to gain favorable loan terms and tax benefits.
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