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Before the 2024 primaries |  Trump has been on trial for fraud in New York for three months

Before the 2024 primaries | Trump has been on trial for fraud in New York for three months

(New York) A civil fraud trial against Donald Trump and his sons will last three months from October to Christmas, with the former US president accused by a New York state judge of “inflating” his assets. billion dollars between 2011 and 2021.

A New York court judge had already set the non-jury trial to begin on October 2 in Manhattan. In an order made public on Friday, he noted that the debates will continue until Dec. 22, just ahead of the Jan. 15 Republican primary in Iowa (center). Donald Trump, who dreams of returning to the White House, is the favorite.

Preliminary hearings are scheduled to take place at the end of September.

Ahead of the civil suit, New York State Attorney General (equivalent to a regional attorney general) Letitia James sent hundreds of pages of impeachment documents back to the local Supreme Court on Friday against Donald Trump and his two eldest sons, Donald Jr. and Eric.

For tax and financial fraud Mr. This is in support of a complaint filed by a magistrate in September 2022 seeking $250 million in damages from Trump, his sons and their family group, the Trump Organization.

The Democratic prosecutor accused the Republican billionaire and his children of “deliberately” manipulating the valuations of the group’s assets — golf clubs, luxury hotels and other assets — to obtain more lucrative loans from banks. Or cut their taxes.

According to court documents, on August 30, James, Mr. Trump is suspected of “falsely inflating the value of his assets by billions of dollars” every year between 2011 and 2021 — including when he was president from 2017 to 2021. These variations were later estimated to be “between 17% and 39%, or between $812 million and $2.2 billion each year”.

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In a new “conservative” estimate released Friday by the attorney general’s office, Mr. The overestimation of Trump’s assets is “between $1.9 billion and $3.6 billion per year.”

The man involved has repeatedly condemned the “absurd” case by a “racist” African-American magistrate.