The Trump Organization

Amidst the ongoing legal tumult surrounding former US President Donald Trump, a court has handed down a significant blow, ordering him to pay a staggering fine of nearly 5 million for a litany of financial frauds linked to his real estate empire, the Trump Organization.

Donald Trump's onetime lawyer turned bitter foe Michael Cohen took the witness stand on Tuesday in the business fraud case against the former US president, accusing his ex-boss of "arbitrarily" inflating his net worth.

A New York judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, the Associated Press reported.

Donald Trump routinely overvalued his net worth by billions of dollars each year between 2011 and 2021, New York's attorney general alleged on Wednesday.

Donald Trump's former lawyer and fixer Michael Cohen is scheduled to testify Monday before a Manhattan grand jury investigating hush-money payments made on the former president's behalf, two people familiar with the matter told The Associated Press. They were not authorized to speak publicly about grand jury proceedings and did so on condition of anonymity.

A top executive at former President Donald Trump's family business pleaded guilty on Aug. 18 to evading taxes on a free apartment and other perks, striking a deal with prosecutors that could make him a star witness against the company at a trial this fall.

Former President Donald Trump will be questioned under oath Wednesday in the New York attorney general's long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account.

Donald Trump's longtime accountants have ditched the former US president as a client, saying a decade's worth of financial statements could not be relied upon, court documents showed Monday.

Mazars informed the Trump Organization in a letter last Wednesday that it would no longer work for the company, which is being probed by New York prosecutors for alleged fraud.

The New York attorney general's office says it is investigating the Trump Organization "in a criminal capacity".

A spokesman for the state's top prosecutor, Letitia James, said the inquiry into Mr Trump's property company was "no longer purely civil".

President Donald Trump's younger brother, Robert Trump, a businessman known for an even keel that seemed almost incompatible with the family name, died on Aug. 15 night after being hospitalized in New York, the president said in a statement. He was 71.