Ivanka Trump Set to Testify in Trump Organization Fraud Trial This Week

Ivanka Trump Set to Testify in Trump Organization Fraud Trial This Week

The high-profile civil fraud trial against former President Donald Trump and his business continues this week, with his daughter and former Trump Organization executive Ivanka Trump scheduled to testify on Wednesday, November 8th.

Ivanka Trump will become the fourth and final member of the Trump family to take the stand in the trial, which centers around allegations that the Trump Organization falsely inflated Donald Trump’s net worth by billions of dollars. Her testimony comes after her father spent four tense hours on the stand defending himself against claims of fraud.

Ivanka Trump’s Involvement in Alleged Fraud

Ivanka Trump worked as an executive at the Trump Organization until 2017, when she left to join her father’s administration in the White House. She was originally named as a defendant in New York Attorney General Letitia James’ lawsuit, but was dismissed from the case in June due to the statute of limitations.

However, Ivanka Trump remains a key witness. She is expected to face questions about the valuation of her New York City apartment, her father’s relationship with Deutsche Bank, and her involvement in two Trump Organization real estate deals in Miami and Washington D.C. that relied on allegedly fraudulent financial statements.

Trump Family Defense

Ivanka Trump’s older brothers, Donald Trump Jr. and Eric Trump, have both testified earlier in the trial. They primarily sought to shift blame to Trump Organization accountants and lawyers for any inaccurate information in the disputed financial statements.

Donald Trump himself gave inconsistent explanations for the discrepancies in the documents. He claimed the statements undervalued his net worth, contrary to findings by the presiding judge that the statements artificially inflated Trump’s wealth.

Potential Penalties

If found liable for fraud, Donald Trump, his company, and his children could face over $250 million in penalties. The judge will also rule on other allegations including falsification of business records, conspiracy, and insurance fraud. The Trumps have denied any wrongdoing.

The state is expected to finish presenting its case after Ivanka Trump’s testimony concludes. Lawyers for the Trump defense will begin calling their own witnesses on November 13th, with aims to finish by December 15th.

Who is Ivanka Trump?

Ivanka Trump is the daughter of former President Donald Trump and his first wife, Ivana Trump. She was born in 1981 and is the second child of Donald and Ivana’s three children together (along with Donald Trump Jr. and Eric Trump).

What is Ivanka’s background?

Ivanka attended Georgetown University and the University of Pennsylvania, where she graduated cum laude with a bachelor’s degree in economics in 2004. She also briefly worked as a model as a teenager and in college.

In 2005, Ivanka joined the Trump Organization, where she focused on real estate acquisitions and developments. She also launched her own lifestyle brand that includes fashion, accessories, and fragrances.

What was Ivanka’s role in the Trump Administration?

When Donald Trump became President in 2017, Ivanka took on an advisory role as his senior advisor. She focused largely on women’s empowerment, workforce development, and entrepreneurship.

Ivanka was involved in policy initiatives like the Women’s Global Development and Prosperity Initiative and advocacy for tax credits for child care and paid family leave. But she faced criticism from ethics experts over potential conflicts of interest with her business ties.

What is Ivanka’s marital and family status?

Ivanka married real estate developer Jared Kushner in 2009, and they have three children together – Arabella, Joseph, and Theodore. Jared served as a senior advisor and leading figure in Donald Trump’s administration as well.

What does the future hold for Ivanka after her White House tenure?

Since leaving the White House in 2021, Ivanka has kept a relatively low public profile while settling her family in Miami. She still faces some ongoing investigations related to the Trump Organization’s finances and business practices while her father continues to hint at a potential 2024 presidential run.

Luke is a content writer based in Los Angeles, California. He graduated from UCLA in 2018 with a degree in English and minor in Marketing. Shortly after graduating, Luke landed his first content writing role at a small LA marketing agency.

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