President Donald Trump and his two eldest children have agreed to testify in New York State Attorney General Letitia James’ three-year investigation into their real estate business, a Tuesday court filing shows.
The trio will be deposed under oath on July 15, according to an agreement reached by prosecutors and attorneys for the former president, Ivanka Trump and Donald Trump Jr.
That’s despite Trump repeatedly blasting James’ probe as a partisan ‘witch hunt’ and attacking the Democrat official herself as a ‘racist.’
Late last month a court dismissed the Trumps’ effort to quash New York State’s subpoena seeking their testimonies.
In a separate legal battle, Trump’s attorney is reportedly facing off with James via a virtual court proceeding where a judge will decide whether the ex-president satisfied the requirements to lift a contempt charge and $10,000 daily fine against him.
James had accused Trump of slow walking her investigation by refusing to hand over key financial documents – which Trump argued he simply did not have.
If his lawyer Alina Habba’s Wednesday effort in court fails, he could be liable to pay off the entire retroactive contempt charge of $430,000 – after already forking over $110,000 to try and purge it.
James’ team claims to have uncovered ‘substantial evidence’ that the Trump Organization knowingly used misleading financial statements in its business dealings for at least a decade.
The company is accused of inflating the value of its properties in order to appear favorable to banks and secure better loans, and then undercutting their estimates to shave money off of taxes.
So far, the former president’s legal efforts to quash James’ probe have come up empty.
Just weeks ago a Barack Obama-appointed judge threw out a third lawsuit of Trump’s against the Democrat official, which was seeking to end her investigation by claiming it violated her constitutional rights.
He appealed the ruling less than a week later on June 1.
Trump claimed James is acting out of political ‘animus’ because of her many statements pledging to take Trump on in court. He also argued that James’ probe violates his Constitutional rig…