NEW YORK (AP) — When Donald Trump became president in 2017, he handed day-to-day management of his real estate empire to his eldest sons, Donald Jr. and Eric...
NEW YORK — When Donald Trump became president in 2017, he handed day-to-day management of his real estate empire to his eldest sons, Donald Jr. and Eric.
Donald Trump Jr. and Eric Trump are both executive vice presidents at the Trump Organization and defendants in James' lawsuit. Eric has oversight over the company's operations while Donald Trump Jr. has been involved in running the company’s property development. He and longtime company finance chief Allen Weisselberg were also trustees of the revocable trust Trump set up to hold the company’s assets when he became president.ruled that Trump’s financial statements were fraudulent.
David McArdle, an appraiser at commercial real estate firm Cushman & Wakefield, testified that Eric Trump had substantial input on valuing planned-but-never-built townhomes at a Trump-owned golf course in the New York City suburbs. McArdle said Eric Trump arrived at a “more lofty value” than him for the project but that going with the scion’s higher number wouldn’t have been credible.
In his March 2023 deposition, Eric Trump testified, “I don’t think I’ve had any involvement in the Statement of Financial Condition, to the best of my knowledge.” He appeared to minimize his role as a top company executive, testifying that he tried to remain “siloed into the things I care and are passionate about" while sharing management responsibilities with his brother.
In his past appearances, Trump groused to TV cameras outside court, calling the case a “sham,” a “scam,” and “a continuation of the single greatest witch hunt of all time.” He also angered the judge twice, incurring $15,000 in fines for violating a limited gag order with comments about a member of the court staff.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Glover Teixeira: Ngannou Shut Up 'Boxing Guys Who Don’t Know S—t About Fighting'Francis Ngannou’s impressive performance against Tyson Fury this past Saturday has drawn well-deserved praise from the MMA community.
Read more »
‘Belongs In Jail’: Hedge Fund Billionaire Warns Voters About Donald TrumpJosephine Harvey is a London-based senior reporter on HuffPost's trends team, covering U.S. politics, media, pop culture and more.
Read more »
Don’t let officers of Parliament have all the funThe Hill Times
Read more »
'I don't have hope,' says Palestinian-Canadian stuck in GazaShouq Alnajjar speaks to CBC senior correspondent Susan Ormiston from Khan Younis, in the south of the Gaza Strip, on Oct. 31, 2023. (Jared Thomas/CBC)
Read more »
Format of sessions on offshore wind development don't impress in southwestern N.S.Explore stories from Atlantic Canada.
Read more »
Format of sessions on offshore wind development don't impress in southwestern N.S.Explore stories from Atlantic Canada.
Read more »