Eric Trump Just 'Lost the Entire Case'—Mary Trump

Eric Trump "basically just lost the entire case" after testifying in the $250 million civil fraud trial brought against the Trump Organization and key members of the Trump family, including his father, according to his estranged cousin Mary Trump.

Taking the witness stand Eric initially denied any knowledge of the Trump Organization's statements of financial condition, which concern its reported wealth, but backtracked after email and phone records showed him discussing these records. In response Mary said it "sounds like perjury is on today's menu."

Donald Trump, his two adult sons and the Trump Organization are facing legal action over claims they fraudulently overvalued their properties, in a bid to secure more favorable bank loans and taxation rates. They have all repeatedly denied wrongdoing, with the former president calling the case against him a "witch hunt."

Eric was called to testify on Thursday where he insisted he "never had anything to do with the statements of financial condition" produced by the Trump Organization, according to The Messenger's senior legal correspondent Adam Klasfeld. Prosecutors then presented emails, and details of telephone conversations, indicating Eric had discussed the statements of financial condition with other senior Trump Organization figures.

Asked again if he knew about "your father's annual financial statement, as of August 20, 2013" Eric admitted: "It appears that way, yes."

Taking to X, formerly Twitter, Mary suggested her cousin may have committed perjury.

She commented: "Unbelievable. Eric testified today and basically just lost the entire case.

"1) After testifying he "never heard" about the Trump org statement of financial condition until recently, he later admitted that he knew about it in 2013.

"2) After saying he never worked on it, he was showed an email where employees were told he was working on it.

"They lie so much, they can't even keep track of their own b*******. Sounds like perjury is on today's menu."

Newsweek has reached out to Eric Trump for comment via the Trump Organization press office.

Donald Trump Jr. testified in the case on Wednesday, when he denied any knowledge of accounting fraud within the Trump Organization, stating: ""That's what CPAs [certified public accountants] are for."

Trump Jr. replied "I don't recall" when asked whether his father was still a Trump Organization trustee, giving him responsibility over financial statements.

Eric Trump
Eric Trump sits in court during his civil fraud trial at New York State Supreme Court on November 02, 2023 in New York City. Eric Trump “basically just lost the entire case” according to his... Jeenah Moon-Pool/GETTY

Taking to his Truth Social website on Thursday, Donald Trump, who is expected to testify next week, said it was "so sad" watching his sons appear before the court.

He added: "My $WORTH is far GREATER than on Financial Statements, plus they contain a full DISCLAIMER CLAUSE telling readers of this information to do their own due diligence and analysis."

Judge Arthur Engoron, who is overseeing the case, ruled Trump and his associates had committed business fraud in September, and is now deliberating on six other allegations including falsifying business records and insurance fraud. The trial is civil meaning there is no possibility of Trump, or any other defendant, being sentenced to prison time.

Ivanka Trump is also due to testify in the case, after Engoron rejected a bid by her legal team to quash the subpoena requiring her to appear. Initially Ivanka was listed as a defendant, but this was dismissed due to statutes of limitations as she left the Trump Organization in 2016.

In an interview with journalist Molly Jong-Fast, Mary Trump, a passionate critic of her uncle's politics and business activities, suggested Ivanka's testimony could damage her father.

She commented: "She's just going to tell the truth and throw him under the bus."

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James Bickerton is a Newsweek U.S. News reporter based in London, U.K. His focus is covering U.S. politics and world ... Read more

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