The New York attorney general‘s final witness in Donald Trump’s civil fraud trial is Ivanka Trump on Wednesday.
After an appellate judge withdrew Ivanka Trump from Attorney General Letitia James’ case earlier this year, she may be questioned about Trump Organisation property financing and her Manhattan flat lease.
Her statement follows her father’s Monday hearing, in which he insulted Judge Arthur Engoron and the attorney general.
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Her testimony has been dramatic, but Ivanka Trump’s appearance Wednesday may not have been. She tried to quash the subpoena, but Engoron said she had to testify. Despite her claim that appearing during a school week would be difficult, an appellate court dismissed her stay request.
Last week, her brothers, Eric and Donald Trump Jr., testified as co-defendants.
What to watch in her testimony:
Ivanka borrowed. Ivanka Trump is aware of civil fraud trial charges that seek $250 million in fines to prevent Trump from doing business in the state. In 2017, she and Jared Kushner became key White House advisors after working at the Trump Organisation.
In September, Ivanka Trump was accused of assisting Trump obtain a 2012 Doral golf resort and Chicago assets loan by misrepresenting financial papers.
It reads, “Ms. Trump knew that on each of those transactions with Deutsche Bank, the transactions included a personal guarantee from Mr. Trump that required him to provide annual Statements of Financial Condition and certifications.”
Trump was asked Monday if he signed those loans, knowing they required a minimum net worth and annual financial reports.
Ivanka bid for the Old Post Office in Washington, DC, which Trump turned into a hotel before selling last year.
The AG said Mr. Trump and Ivanka Trump personally bid in 2011. Ivanka Trump helped structure GSA bid messages and respond to deficiency comments.
Engoron considered Trump and his co-defendants fraudsters before trial. The judge will determine the Trumps’ damages for false business earnings. The AG wants to prove insurance fraud, business record falsification, and misleading financial statements.
In last year’s inquiry deposition, Ivanka Trump said she knew the companies had financial records but not her father’s.
Ivanka claim:
“He has accountants with lots of paperwork and declarations, but I don’t know how, who, or what was made for him outside my firm and property.
“I’ve never prepared one,” she said after graduating from Penn’s Wharton School of Business. Financial accounts show assets and liabilities to accurately depict an entity’s finances. No idea. I never made one. I’m no accountant.”
Ivanka will be questioned about her Trump Organisation operations despite her June appeal court dismissal.
Ivanka Trump was not a party to James’ office and the Trump Organization’s August 2021 statute of limitations tolling agreement, so the court dismissed her claims.
The court ruled that Ivanka Trump no longer fit the ‘Trump Organization’ by the tolling arrangement. The allegations against Ivanka Trump do not support claims made after February 6, 2016. All claims should have been denied for lateness.”
Engaron rejected Trump and his attorneys’ claims that the statute of limitations should dismiss charges against the former president.
Ivanka Trump cited the appellate court’s verdict to avoid testifying. Bennet Moskowitz, her attorney, argued that the court had no jurisdiction over her because she had not lived or worked in New York since 2017.
Trump’s lawyers called Ivanka’s subpoena “continued harassment of President Trump’s children.”
“They want her in the courtroom so it can be filled with media, and we can have another circus day,” attorney Chris Kise said.
Ivanka’s apartment:
Ivanka Trump’s leased Park Avenue condo may be questioned.
Her lease includes an $8.5 million option to buy, according to the attorney general’s complaint. However, Trump’s 2011 and 2012 financial statements valued the unit at $20.8 million. Worth $25 million in 2013.
The complaint claims she was offered $14.3 million for a larger flat, despite the 2014 financial statement indicating $45 million.
According to the complaint, Ms. Trump’s contract had a discount buy option and charged her much less than the market rate for similar units in the same building that year.
Don Bender, Trump’s former Mazars accountant, said he didn’t audit financial records but alerted Trump Organisation officials “from time to time.”
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