Eric Trump was not aware of father Donald Trump’s financial statements- emails say otherwise

Eric Trump, the executive vice president of the Trump Organization, testified in a New York civil fraud trial where the Trump family faces allegations of inflating former President Donald Trump’s net worth in financial documents to secure loans and business deals. Eric vehemently denied involvement in his father’s financial statements while acknowledging their existence.

Eric Trump leaves the New York Supreme Court, Thursday, Nov. 2, 2023, in New York. (AP Photo/Stefan Jeremiah)

Despite claims by another Trump Organization executive that Eric participated in a 2021 video call related to his father’s financial statement, Eric cited a heavy daily workload and stated he couldn’t recall the event. The trial day ended with Judge Arthur Engoron considering expanding a gag order due to defence criticisms of his law clerk’s role in the case.

The Trump family, including Donald Trump, Donald Trump Jr., and Eric Trump, is accused of fraud by New York Attorney General Letitia James, a Democrat. Eric’s role came into focus when an appraiser testified that he had actively assessed the value of Trump National Golf Club and Seven Springs estate a decade ago. The lawsuit alleges that Donald Trump’s financial statements significantly overstated the values of these properties compared to the appraiser’s estimates.

Eric testified that he had minimal involvement with financial statements, limited knowledge, and only learned of their significance due to the ongoing case. He claimed his primary role focused on property construction and operations. State lawyer Andrew Amer presented 2013 emails indicating Eric’s awareness of Jeffrey McConney, then-controller of the Trump Organization, working on his father’s financial statement and seeking information about company properties. Although the emails showed Eric’s responses, he downplayed his involvement, suggesting he was merely assisting an accounting colleague with property descriptions.

Donald Trump Jr., another prominent figure in the Trump Organization, testified that he had only peripheral involvement with financial statements and relied on assurances from company finance executives and external accounting firms about their accuracy. He expressed his belief in the accuracy of his father’s financial statements, contrary to Attorney General Letitia James’ allegations.

Donald Trump Jr. also disclosed that Bally’s, a gaming company, recently paid $60 million to the Trump Organization for the right to operate a public golf course in New York City, information not previously disclosed. He criticized the trial as political persecution and expressed concerns about its potential precedent for relying on accountants to handle accounting matters.

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