Ivanka Trump has kept a low profile since her father left the White House in 2021. (File)
New York: Ivanka Trump, daughter of the former US president, appeared Wednesday in a civil fraud lawsuit that threatens to destroy the family’s business empire.
The 42-year-old, who left the Trump Organization in 2017 to become a White House adviser to his father, has not been charged in the case but has been called to testify.
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“People say Ivanka Trump,” the court official said. “Who’s that?” Judge Arthur Engoron laughed.
Donald Trump, his eldest son Don Jr. and Eric, and other Trump Organization executives are accused of inflating the value of their real estate by billions of dollars in order to obtain more favorable bank loans and insurance terms.
New York State Attorney General Letitia James, who is prosecuting the case, said before Ivanka’s testimony that Trump “obtained favorable terms based on false financial statements”.
“He will try to stay away from the company now,” Ms. James told reporters. “But, unfortunately, the facts will show that he is too involved.
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“We opened the plan and he took advantage of it.”
The testimony given by Ivanka Trump, who has kept a low profile since her father left the White House in January 2021, is based on testimony from her father and two brothers, Don Jr. and Eric.
$250 million in fines
Donald Trump, the front-runner for the 2024 Republican presidential nomination, spoke on Monday and repeatedly clashed with the judge, calling the trial a “sham” and “election interference.”
He and his sons received no prison time, but could be fined $250 million and fired from leadership of the family company.
Before opening arguments, Judge Engoron presented “clear evidence” that between 2014 and 2021, Trump inflated his income in financial documents between $812 million and $2.2 billion.
As a result, the judge ordered the liquidation of the company that manages properties such as Trump Tower and the 40 Wall Street building in Manhattan.
The order was put on hold pending an appeal, but the potential consequences reflect the high stakes of the former president.
The civil fraud case is one of several legal battles Trump is facing as he seeks to regain the presidency.
In March, Trump, who has been impeached twice, lost to President Joe Biden in Washington on charges of conspiracy to tamper with the 2020 election.
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