Trump to be questioned by New York AG

Trump to be questioned by New York AG

Donald Trump will be questioned Wednesday by the New York attorney general, who is probing potentially fraudulent asset valuations by his company.

Trump said in a post on his Truth Social media account that his great company, and myself, are being attacked from all sides. The deposition, which had been delayed a month because of the death of his former wife Ivana Trump, comes just days after Trump's Mar-a-Lago residence was searched by federal agents who were looking into whether the former president had taken classified documents from the White House.

After losing a court battle to quash the subpoenas, Ivanka Trump and Ivanka Trump agreed to sit for seven hours of sworn testimony. New York Attorney General Letitia James is looking into whether the Manhattan-based Trump Organization manipulated asset valuations to secure more favorable terms for bank loans and insurance, as well as tax breaks.

The former president was in contempt of court and fined $10,000 a day for a violation of the law after he failed to respond to a subpoena for documents and records in his personal possession. Trump settled the contempt finding after racking up $110,000 in fines.

Eric Trump, the former president's son and executive vice president of the Trump Organization, was already deposed by state investigators in 2020 after fighting in court to delay the questioning.

The Trump Organization has long argued that the investigation by James, a Democrat, is politically motivated, though every attempt to convince a judge of that argument has failed.

Trump sued James in federal court to try and block the investigation, alleging his animus toward him was proof that the probe violated his constitutional rights. The case was dismissed by a judge.

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