Former President Donald Trump, his eldest son Donald Trump Jr. and his daughter Ivanka Trump have agreed to be questioned under oath in New York Attorney General Letitia James’s investigation into Trump Organization businesses.
Questioning Trump family members begins on July 15The case will be closed to any further judicial action. Trump’s benefit is unlikely as a number court decisions in the case have already ruled that James is well within her legal rights to compel former president and his family members testify. The Trumps have up to Monday to respond. ask courts to delay their testimonies to a later date.
As part of the agreement between the Trumps and the attorney general’s office, if courts determine that the depositions were unnecessary or improper after they take place, James will not use evidence from the depositionsIn her investigation, which began on 2019.
Trump and his family members are being investigated for purposeful misstatements regarding how much their assets are valued — evidence supposedly existsSuggestion that Trump and his financial advisers His businesses may have been worth more than they wereTo obtain loans from banks, they must simultaneously provide lower tax documents in order to pay lower rates.
Trump’s companies “relied on misleading asset valuations and other misrepresentations to secure economic benefits,” James’s office has previously stated.
Trump tried to avoid being interrogated under oath. However, a series of legal decisions over recent weeks have made it nearly impossible for him and his family to continue to withhold information from James. In April, a New York Supreme Court judge declared Trump not allowed to answer questions. Trump was held in contempt of Court for not complying with a subpoena demandJames is the right person to contact for any documents related. Trump was initially fined $10,000 per day that he refused the order. Judges have also rejected complaints from Trump’s lawyers alleging that James’s investigation is politically motivated.
The matter is a civil one, meaning that Trump will not face any criminal charges should James successfully charge and prosecute him or his family members for violating state statutes regarding the misstating of his properties’ values. Trump could still face severe financial penalties and a guilty verdict could damage his political image if he attempts to run for the presidency again in 2024.
