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Friday, July 26, 2024
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“Trump denies allegations in NY fraud trial”

Donald Trump began his civil fraud trial in New York, facing allegations of inflating asset values to secure favorable loans and insurance terms. Trump, a leading 2024 Republican presidential candidate, criticized the trial as a “witch hunt” and accused New York Attorney General Letitia James of bias.Photo: Reuters

The trial, following a recent ruling finding Trump liable for fraud, focuses on potential penalties, with James seeking $250 million in fines, bans on Trump and his sons from running New York businesses, and restrictions on Trump’s real estate activities.

The trial is expected to last until early December, involving numerous witnesses and financial experts. Trump faces multiple legal challenges as he seeks a return to the White House in 2024, though his popularity among Republicans remains high, despite the financial strain of these legal battles.

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