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By Andrew Stanton
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Eric Trump is set to be the second of former President Donald Trump's children to testify in his fraud trial on Thursday.
New York Attorney General James is suing former President Donald Trump for $250 million, accusing him of inflating his net worth by billions of dollars to obtain benefits such as better bank loans and reduced tax bills between 2011 and 2021. Trump maintains his innocence in the case, accusing prosecutors of targeting him for political purposes. The lawsuit is civil, not criminal, meaning he will not face jail time.
James compelled testimony from Trump's three eldest children in the business fraud lawsuit. Donald Trump Jr. and Eric Trump are listed as defendants in the civil suit, while Ivanka Trump was dropped from it earlier this year due to a statute of limitations.
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Trump Jr. provided testimony on Wednesday and is scheduled to be followed by Eric Trump on Thursday. Eric serves as the Trump Organization's executive vice president and oversees "all aspects of management and operation of the global real estate empire," according to his company biography.
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"Headquartered out of Jupiter, Florida, he is intimately involved in the success and growth of the Trump Organization - from the finest residential properties, to luxury hotels, iconic golf courses, magnificent office and retail locations to wineries, entertainment venues and brokerage firms. Eric actively spearheads the rapid growth of Trump Golf, bringing the portfolio from three properties in 2006, to nineteen today," the biography reads.
Newsweek reached out to the Trump Organization for comment via email.
The Trump Organization highlights Eric Trump's work on managing the former president's golf courses, noting he led redevelopments of his Miami golf course, the acquisition of Trump International Ireland and the renovation of his resort in Scotland.
He also led the 2022 sale of Trump International Hotel in Washington, D.C., and has taken a leadership role in the company's deal with LIV Golf, a Saudi-backed golf organization. The partnership has drawn criticism, with many voicing concerns about the Trump family's ties to Saudi Arabia.
He continues to oversee the Trump Organization's expansion into the Middle East, according to the company's website.
During the trial, former Trump Organization Comptroller Jeffrey McConney said Eric Trump was responsible for quadrupling the value of the former president's Seven Springs development in Westchester County, New York. He testified that a section of the estate went up in value from $25 million to $101 million after a phone conversation with Eric.
Meanwhile, David McArdle, an appraiser at commercial real estate firm Cushman & Wakefield, testified that Eric Trump had input on valuing townhomes that were never built at a Trump-owned golf course near New York City, the Associated Press reported.
However, Eric Trump has sought to distance himself from the actions alleged in James' lawsuit.
"I pour concrete. I operate properties. I don't focus on appraisals between a law firm and Cushman. This is just not what I do in my day-to-day responsibilities," he said during a deposition, the AP reported.
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