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Trump to stand trial for tax fraud in October 2023 – The World

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The civil trial of Donald Trump and his sons for tax fraud will begin on October 2, 2023, 13 months before the presidential election to the White House. The trial stemmed from allegations made by New York prosecutor Letitia James that the former president and his three sons deliberately inflated the value of the family company’s assets in order to obtain more favorable financial terms from banks. James is seeking $250 million in damages from Trump and his children on behalf of the state and a ban on operating the companies.

The Supreme Court slapped Donald Trump in the face when it rejected the former president’s request to block the release of his tax returns to a House committee that has been demanding them for years. The Washington Post reports that this is a unanimous decision of the wise.

The Supreme Court ruling gives the Treasury Department the green light to turn over six years of tax records from Trump and some of his companies to the House Ways and Means Committee as soon as possible. The businessman accused Democrats on the commission of launching a witch hunt to obstruct him.

Time is not on the side of the Democrats who lead the committee. The request for records expires in January, when Republicans take control of the House in the midterm elections.

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