PanamaTimes

Tuesday, Jul 01, 2025

Donald Trump To Testify Under Oath In Fraud Lawsuit

Donald Trump To Testify Under Oath In Fraud Lawsuit

Ms James sued Trump, Donald Trump Jr, Eric Trump and Ivanka Trump in September last year alleging they committed "incredible" fraud at the Trump Organization.
Donald Trump was back in New York on Thursday to answer questions in a civil case accusing the ex-president and three of his children of business fraud.

The behind-closed-doors deposition comes a week after Trump's historic arraignment on criminal charges in a Manhattan courtroom in a separate case.

The 76-year-old Republican was to be questioned under oath in the lawsuit brought by New York state attorney general Letitia James.

Trump pumped his fist as he left Trump Tower on Fifth Avenue shortly after 9:30 am (1330 GMT), arriving at James's office in lower Manhattan around 10:00 am.

"This civil case is ridiculous, just like all of the other Election Interference cases being brought against me," he wrote on his social media site Truth Social.

Ms James sued Trump, Donald Trump Jr, Eric Trump and Ivanka Trump in September last year alleging they committed "incredible" fraud at the Trump Organization.

Her lawsuit asserts that they lied to tax collectors, lenders and insurers for years in a scheme that routinely misstated the value of the organization's properties to enrich themselves.

James said they provided fraudulent statements of Trump's net worth and false asset valuations "to obtain and satisfy loans, get insurance benefits, and pay lower taxes."

Trump, the frontrunner for the Republican nomination in next year's presidential election, has used his common refrain of "witch hunt" to describe the case.

He appeared for six hours of questioning in the probe last August, shortly before Ms James filed her lawsuit.

In a dramatic court appearance last Tuesday that transfixed the nation, Trump denied 34 felony counts related to hush money paid to porn star Stormy Daniels shortly before the 2016 election that brought him to power.

He became the first former or sitting president to ever be charged with a crime.

That case has been criticized almost unanimously by Republican officials, including congressional leaders who have asked Manhattan's District Attorney Alvin Bragg, a Democrat, to testify about the probe before Congress.

James, also an elected Democrat, has requested that Trump pay at least $250 million in penalties -- a sum she says he made from the alleged fraud -- and that his family be banned from running businesses in the state.

No criminal charges can stem from her case, which is expected to go to trial later this year.

Trump faces a slew of state, federal, and congressional probes that threaten to complicate his bid to regain the presidency.

They include his efforts to overturn his 2020 election loss in the state of Georgia, his alleged mishandling of classified documents taken from the White House and his involvement in the storming of the US Capitol on January 6, 2021.

A civil trial for a sexual assault and defamation lawsuit brought by former magazine columnist E. Jean Carroll against Trump is scheduled to start in New York later this month.
Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
Brazilian Congress Rejects Lula's Proposed Tax Increase on Financial Transactions
Landslide in Bello, Colombia, Results in Multiple Casualties
Papa Johns pizza surge near the Pentagon tipped off social media before Trump's decisive Iran strike
Juncker Criticizes EU Inaction on Trump Tariffs
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Protests Erupt in Los Angeles with Symbolic Flag Burning
Trump Administration Issues New Travel Ban Targeting 12 Countries
Man Group Mandates Full-Time Office Return for Quantitative Analysts
JPMorgan Warns Analysts Against Accepting Future-Dated Job Offers
Builder.ai Faces Legal Scrutiny Amid Financial Misreporting Allegations
Japan Grapples with Rice Shortage Amid Soaring Prices
Goldman Sachs Reduces Risk Exposure Amid Market Volatility
HSBC Chairman Mark Tucker to Return to AIA as Non-Executive Chair
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Judge Blocks Trump's Ban on International Students at Harvard
Trump Proposes Travel Ban on 'Uncontrolled' Countries
Panama Port Owner Balances US-China Pressures
Trump Administration Accused of Obstructing Deportation Cases
Trump’s China Strategy Remains a Geopolitical Puzzle
Eurozone Inflation Falls Below ECB Target to 1.9%
Call for a New Chapter in Globalisation Emerges
Blackstone and Rivals Diverge on Private Equity Strategy
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Bangkok Ranked World's Top City for Remote Work in 2025
Denmark Increases Retirement Age to 70, Setting a European Precedent
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Escalating Trade Tensions and Market Reactions
OnlyFans Reportedly in Talks for $8 Billion Sale
JBS Gains Shareholder Approval for U.S. Stock Listing
Booz Allen Hamilton to Cut 2,500 Jobs Amid Federal Spending Reductions
Trump Signs Executive Orders to Accelerate Nuclear Energy Development
Harvard Temporarily Blocks Trump Administration's International Student Ban
Nippon Steel Forms Partnership with U.S. Steel, Headquarters to Remain in Pittsburgh
Trump Expands Tariff Threats to Apple and Samsung Devices
Oracle and OpenAI Plan $40 Billion Nvidia Chip Purchase for AI Data Center
Trump Threatens 50% Tariff on EU Goods, Markets React
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Former FBI Director James Comey Questioned by Secret Service Over Social Media Post
×