Eric Trump Denies Knowledge of Father’s Financial Records, Yet Emails Indicate Some Association

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Eric Trump, responsible for overseeing Donald Trump’s real estate ventures, asserted under oath that he had no familiarity or involvement with financial reports that attorneys claim deceitfully inflated the former president’s assets and the family enterprise’s value.

However, when presented with emails from a decade ago in which a colleague from the Trump Organization solicited information for one of his father’s financial documents, he sought to provide context.

Eric Trump stated, “While our entity is vast and primarily centered on real estate, I am certainly aware that we maintain financial records.” He firmly added, “I never partook in, nor did I ever manage my father’s financial status report.”

On Thursday, following his sibling, Donald Trump Jr., Eric Trump took the stand during the Trump family’s civil fraud case in New York. The elder Trump is slated to provide his testimony on the forthcoming Monday. Both brothers hold the title of Executive Vice Presidents within the Trump Organization.

Continuing his testimony from the prior day, Trump Jr. disclosed that gaming conglomerate Bally’s acquired rights for $60 million to run a public golf facility in New York from their firm. This transaction for the erstwhile Trump Golf Links Ferry Point in the Bronx was previously undisclosed.

This transfer ensued post efforts by the city to disassociate Donald Trump from the golf course, particularly after the events of January 6, 2021, at the U.S. Capitol. Until recently, the company managed the 18-hole course, which is now referred to as Bally’s Golf Links at Ferry Point.

Letitia James, the New York Attorney General, has initiated a lawsuit against Donald Trump, his firm, and senior executives, including Eric and Donald Jr., alleging exaggeration of the former president’s net worth on yearly financial records. These records were presented to financial institutions, insurance companies, and other entities for procuring loans and finalizing transactions.

The defendants, including the ex-president, have rebuffed any allegations of misconduct.

Donald Trump, leading the race for the Republican nomination in 2024, expressed on his Truth Social platform that he perceives the trial as unjust, biased, and a form of election meddling. Both the Attorney General James and the presiding judge, Arthur Engoron, affiliate with the Democratic party.

Donald Trump emphasized the robust financial health of the Trump Organization in his statement.

Upon initiating his testimony, Eric Trump remarked that he had no association with the financial report and was largely ignorant about it until the current case unfolded.

When state attorney Andrew Amer showed Eric Trump emails from 2013, where then-organization controller Jeffrey McConney discussed working on the senior Trump’s financial report, Eric Trump admitted to his awareness of the matter during that period.

In a separate email, McConney mentioned his work on the financial report’s notes and inquired about significant recent construction initiatives.

Donald Trump Jr. emphasized his belief in the veracity of his father’s financial documents, even amidst allegations from the Attorney General. He asserted that his involvement was minimal, only endorsing them in his trustee capacity and presenting them to lenders as required.

Upon exiting the courtroom, Trump Jr. expressed confidence in his testimony but criticized the Attorney General’s approach, deeming it politically motivated. He pointed out the danger of being presumed guilty before trial, especially when relying on professionals for their expertise.

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More about fokus keyword: Civil fraud trial

• Eric Trump’s Testimony
• Decade-old Emails Presented in Court
• Details on Bally’s Golf Course Deal
• January 6, 2021, U.S. Capitol Events
• New York Attorney General Letitia James’s Lawsuit Details
• Donald Trump’s Statements on Truth Social Platform
• Donald Trump Jr.’s Courtroom Testimony