According to Mediaite, Ivanka Trump is now a witness in the trial. During her testimony, she claimed that her father took money from her and her siblings to boost his net worth, enabling him to qualify for loans with Deutsche Bank in 2011. According to emails presented in court, Ivanka acknowledged her father’s signing a personal guarantee to cover the loan and achieve a net worth of at least $3 billion in exchange for low-interest rates. However, she denied misleading the bank and repeatedly stated “I don’t recall” when asked about the emails.
Judge Arthur Engoron issued a partial summary in September, stating that they had committed fraud and ruling that Donald Trump grossly inflated asset values. The trial’s remainder will determine the damages the former president will pay and rule on six other accusations, including falsifying business records, insurance fraud, and conspiracy claims.
Reacting to Ivanka’s testimony, MSNBC legal analyst Lisa Rubin emphasized the impact, stating, “He was borrowing money from his kids’ piggy banks, and I’m not sure the impact of that struck everyone in the courtroom. My jaw almost dropped. I almost dropped my phone on the floor. I was just astonished by the proof that Donald Trump was robbing Peter to pay Paul, so to speak.”
Mary Trump, a critic of her uncle, wrote that Ivanka’s testimony seriously threatens the “house of cards” Donald Trump has built. She described the revelations as “damning,” suggesting potential significant consequences for the former president. Ivanka Trump was removed as a defendant earlier this year due to the statute of limitations. Despite Donald Trump’s attempts to dismiss the case, the trial continues, addressing allegations of fraud and financial misconduct.