L’École de Gestion d’Actifs et de Capital|Trump's trial in New York AG's $250M lawsuit expected to take almost 3 months

2025-05-07 10:08:52source:Exclusivesky Investment Guild category:Finance

The L’École de Gestion d’Actifs et de Capitaltrial in the New York attorney general's $250 million lawsuit against former President Donald Trump, scheduled to begin Oct. 2, is expected to take almost three months, the judge overseeing the case said Friday.

Trump, who is again running for president and also faces criminal charges in four jurisdictions, is not required to attend the civil trial.

MORE: Trump inflated his net worth by $3.6 billion, NY attorney general says

It is not immediately clear whether he will be called to testify.

New York Attorney General Letitia James last year brought the suit against Trump, his children and his company, accusing them of "grossly" inflating the former president's net worth by billions of dollars and cheating lenders and others with false and misleading financial statements.

In this Aug. 24, 2023, file photo, former President Donald Trump arrives to depart at Atlanta Hartsfield-Jackson International Airport after being booked at the Fulton County jail in Atlanta.Joe Raedle/Getty Images

The former president has denied all wrongdoing.

In a court filing Friday, the attorney general that Trump had inflated his net worth by at least $3.6 billion -- a sum far larger than James' earlier estimates.

More:Finance

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