Trump is accused by New York Attorney General Letitia James of inflating the value of his assets by billions of dollars to secure better loan and insurance terms.
Kevin Wallace, a lawyer in state Attorney General Letitia Jamesâ office, said in his opening statement that Trump described his finances to banks and insurers in a âmaterially inaccurate wayâ for a decade.
Trump, the front runner for the 2024 Republican presidential nomination, is accused by James of inflating the value of his assets by billions of dollars to secure better loan and insurance terms.
âThis is a continuation of the single greatest witch hunt of all time,â Trump said before entering the courtroom at a state court in downtown Manhattan.
âWe have a great company. I built a great company. Itâs tremendous,â he continued. âItâs got some of the greatest real estate assets in the world. And now I have to go in before a rogue judge.â
Trump wore a dark blue suit, a brighter blue tie and an American flag pin on his lapel.
He again called James, who is Black, âracist,â and said the Democrat had a vendetta against him.
James said her office was ready to prove its case.
âNo matter how much money you think you may have, no one is above the law,â James told reporters before entering the courtroom. âThe law is both powerful and fragile. And today in court will prove our case.â
Trump plans to attend the first week of trial in state court in Manhattan, according to a court filing in an unrelated case.
âIâm going to Court tomorrow to fight for my name and reputation against a corrupt and racist Attorney General, Letitia James, who campaigned on âgetting Trump,â and a Trump Hating Judge who is unfair, unhinged, and vicious in his PURSUIT of me,â Trump said on Sunday night on his social media platform Truth Social.