Ivanka Trump Confronted With Own Emails in Court

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Ivanka Trump was confronted with her own emails while testifying at her father's civil fraud trial in New York City on Wednesday.

Trump, the daughter of former President Donald Trump, testified about her job as executive vice president for development and acquisitions at the Trump Organization. She played a key role in securing bank loans for the family business that New York Attorney General Letitia James claims were based on fraudulently inflated financial statements.

State attorney Louis Solomon questioned Trump over her December 2011 actions in negotiating the Trump Organization's loan from Deutsche Bank to purchase the Doral Golf Resort & Spa in Miami, Florida. The loan's terms required her father to maintain a net worth of at least $3 billion, independent of any value associated with the Trump brand.

Donald Trump's financial statement for 2011 claimed that his net worth was $4.2 billion, which James says was far higher than the actual figure. Solomon presented emails on Wednesday that seemingly indicated Trump and others at the Trump Organization were aware that his net worth was lower than the $3 billion required by the loan terms.

Ivanka Trump Donald Fraud Trial Testimony Emails
Ivanka Trump at the New York County Courthouse in New York City on November 8, 2023. She testified on Wednesday at the civil fraud trial of her father, former President Donald Trump. Michael M. Santiago

One of the emails presented in court shows Ivanka Trump touting the favorable terms of the loan, writing to then-Trump Organization Chief Financial Officer Allen Weisselberg that "it doesn't get any better than this" and asking that they discuss the loan "asap."

Trump lawyer Alina Habba immediately objected to the inclusion of the email, claiming that it had never been sent. Solomon insisted that it was sent and that Ivanka Trump had responded to replies later in the email chain. The objection was withdrawn.

An email from Trump Organization official Jason Greenblatt was also shown to seemingly indicate that the $4.2 billion net worth was inflated, revealing that Greenblatt was concerned that the $3 billion loan requirement was "a problem."

Another Ivanka Trump email shown to the court by Solomon indicated that she asked Deutsche Bank to lower the net worth requirement to $2 billion. The requirement was eventually lowered to $2.5 billion under the final terms of the loan, still well under the amount of Donald Trump's claimed net worth.

Newsweek reached out to Trump lawyer Christopher Kise via email on Wednesday for comment.

New York State Supreme Court Judge Arthur Engoron has already found the ex-president liable for fraud in a summary judgment, with the trial to determine the extent of any damages. Trump, who testified on Tuesday, denies all wrongdoing and claims that all of his legal troubles amount to political persecution and election interference.

The former president's daughter left the Trump Organization to join her father at the White House in 2017. Unlike her brothers, Donald Jr. and Eric, Ivanka is not a co-defendant at the trial, having been removed earlier this year as her involvement in the alleged fraud fell outside the statute of limitations.

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About the writer

Aila Slisco is a Newsweek night reporter based in New York. Her focus is on reporting national politics, where she has covered the 2020 and 2022 elections, the impeachments of Donald Trump and multiple State of the Union addresses. Other topics she has reported on for Newsweek include crime, public health and the emergence of COVID-19. Aila was a freelance writer before joining Newsweek in 2019. You can get in touch with Aila by emailing a.slisco@newsweek.com. Languages: English.


Aila Slisco is a Newsweek night reporter based in New York. Her focus is on reporting national politics, where she ... Read more