Trump to Appear in Person at Trial Over Allegations of Asset Inflation

"Will Fight to Protect Honor"

Former U.S. President Donald Trump has decided to appear in person at his fraud loan allegation trial scheduled for the 2nd (local time).

On his social media (SNS) platform 'Truth Social,' which he founded, former President Trump stated the day before, "Tomorrow morning, I will go to court and fight to protect my name and honor."

At the New York State court, a civil trial concerning allegations that former President Trump inflated the value of assets held as collateral against banks will be held on that day and is expected to continue until early December. The New York State Appellate Court has rejected the request from Trump's side to delay the trial schedule.

Earlier, Letitia James, the New York State Attorney General, filed a civil lawsuit in the New York State court last September, claiming that Trump's side inflated the value of numerous assets?including a New York mansion, luxury apartments, buildings, and golf courses in the UK and New York?by about $2.2 billion (approximately 3 trillion won) over more than 10 years to facilitate bank loans and other transactions.

On the 26th of last month, Arthur Engoron, a judge at the Manhattan District Court, partially accepted the plaintiff's claim that Trump's side exaggerated the value of real estate assets. Judge Engoron revoked some of Trump's and the Trump Group's business licenses in New York State and ordered an independent audit of their corporate activities.

Based solely on the facts acknowledged before the formal trial began, it was judged that former President Trump committed fraud.

Former President Trump criticized Attorney General James and Judge Engoron, saying, "This whole case is nonsense," and that "they are unfairly, unstably, and viciously pursuing me."

[Image source=Yonhap News]

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