The former chief financial officer at the Trump Organization will testify Tuesday as part of a $250 million fraud case.
The $250 million civil fraud trial against Donald Trump is set to continue in New York on Tuesday, with potential key testimony from a former chief financial officer at the Trump Organization.
Allen Weisselberg, who has been named in New York Attorney General Letitia James’ lawsuit alongside the former president, his sons Eric and Donald Trump Jr., and the real estate company, will take the stand as part of the ongoing fraud case.
Trump is accused of filing fraudulent statements that inflated the value of his properties and assets for years in order to obtain financial perks. Trump, the frontrunner in the 2024 Republican presidential primary, has denied any wrongdoing in connection to James’ suit and accused the case of being a politically motivated «witch hunt.»
While taking the stand, Weisselberg is expected to testify about his role in helping to prepare Trump’s annual financial statements, which James alleged inflated the former president’s net worth by billions of dollars over the years.
James alleges that Weisselberg signed off on statements that vastly overvalued Trump’s properties—despite appraisers offering their own estimates—and changed them to meet the former president’s demands.
