New York AG seeks to depose Eric Trump in investigation of Trump’s funds

In courtroom filings Monday, Letitia James’ business office said Eric Trump in the beginning agreed to sit for a deposition on July 22, only to refuse, “balking considerably less than two times in advance of he was scheduled by arrangement to give testimony.”

James’ business outlined the scope of the investigation into irrespective of whether the Trump Firm “improperly inflated the price of Mr. Trump’s property on monetary statements in order to secure loans and obtain financial and tax advantages.”

The lawyer general’s business office has been investigating President Donald Trump and the Trump Corporation due to the fact 2019, when Trump’s former legal professional Michael Cohen testified before Congress that Trump’s yearly financial statements inflated the values of his property in purchase to secure favorable loans and coverage protection, but deflated the benefit of other assets in purchase to lower true estate taxes.

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In the filing, James’ workplace states Eric Trump’s attorney sent a letter to the lawyer normal declaring he would invoke “people rights afforded to every single person under the Structure” as justification not to testify.

CNN has attained out to an attorney for Eric Trump for remark.

Alan Garten, main authorized officer for the Trump Business, downplayed the progress.

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“There has been no lawsuit submitted by the NY Attorney General,” Garten stated. “This is simply just a discovery dispute around files and the like. As the movement papers plainly condition, the NY AG has built no willpower that something was improper or that any motion is forthcoming. We will respond to this movement as appropriate.”

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This tale has been updated with specifics of James’ submitting.

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