Trump deposition puts New York fraud allegations back in view
Donald Trump sat for a closed-door deposition on April 13, 2023, in New York Attorney General Letitia James’s civil fraud case. The session was part of an ongoing lawsuit, not a finding of liability, but it gave James’s office another chance to question Trump under oath about the financial statements and property valuations at the heart of the dispute. ([fr.ag.ny.gov](https://fr.ag.ny.gov/press-release/2022/attorney-general-james-sues-donald-trump-years-financial-fraud?utm_source=openai))
James’s office alleges that Trump, the Trump Organization, and several family members used years of false or misleading financial statements to inflate his net worth and obtain economic benefits, including loans and insurance on better terms. In the 2022 complaint, the attorney general said the alleged conduct involved more than 200 misleading valuations across the relevant period and sought remedies that included restrictions on Trump and some of his adult children running New York-based businesses. ([fr.ag.ny.gov](https://fr.ag.ny.gov/press-release/2022/attorney-general-james-sues-donald-trump-years-financial-fraud?utm_source=openai))
Trump’s lawyers later released the transcript of the deposition. In later reporting on that transcript, Trump said the case was “crazy,” defended some of the numbers as estimates, and argued that his presidency had deterred nuclear war and saved “millions of lives.” Those remarks were his account of the case, not a court finding. ([apnews.com](https://apnews.com/article/88379aaf16849c255365ff871384ff7e?utm_source=openai))
The legal fight was still at the pleading-and-proof stage on April 13, 2023. James had accused Trump of fraud; Trump denied it. The deposition mattered because it put his own words on the record in a case built around what his financial documents said, who relied on them, and whether the company’s public image matched the paperwork behind its deals. ([fr.ag.ny.gov](https://fr.ag.ny.gov/press-release/2022/attorney-general-james-sues-donald-trump-years-financial-fraud?utm_source=openai))
For Trump, the hearing was one more test of a familiar strategy: attack the case, broaden the frame, and insist the numbers were part of a larger business story. For James, it was another step in a civil fraud case that turned on the paper trail, not the rally stage. ([fr.ag.ny.gov](https://fr.ag.ny.gov/press-release/2022/attorney-general-james-sues-donald-trump-years-financial-fraud?utm_source=openai))
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