Trump’s sons distance themselves from financial statements in New York fraud trial testimony

In back-to-back testimonies Thursday, former President Trump’s two adult sons distanced themselves from Trump Organization financial statements key to the New York attorney general’s case against their family business. 

Both Donald Trump Jr. and Eric Trump denied any involvement in their father’s financial statements, suggesting instead they relied on accountants and other experts to make sure the numbers were correct.  

The Trump Organization’s statements of financial condition — which detail the value of its various assets and were sent to banks and insurers to secure loans and deals — are at the heart of the attorney general’s lawsuit, which claims the Trump Organization falsely inflated and deflated the value of its assets to receive lower taxes and better insurance coverage.