New York AG wants to depose Eric Trump in investigation of Trump's finances

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New York AG wants to depose Eric Trump in investigation of Trump's finances
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New York state's attorney general wants a court to force Eric Trump to be deposed in an investigation of the Trump Organization

In court filings Monday, Letitia James' office said Eric Trump initially agreed to sit for a deposition on July 22, only to refuse,"balking less than two days before he was scheduled by agreement to give testimony."James' office outlined the scope of the investigation into whether the Trump Organization"improperly inflated the value of Mr. Trump's assets on financial statements in order to secure loans and obtain economic and tax benefits.

"READ: New York AG's filing to compel Eric Trump to be deposedThe attorney general's office has been investigating President Donald Trump and the Trump Organization since 2019, when Trump's former attorney Michael Cohen testified before Congress that Trump's annual financial statements inflated the values of his assets in order to secure favorable loans and insurance coverage, but deflated the value of other assets in order to reduce real estate taxes.

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