The fraud lawsuit that could cost former US President Donald Trump control of some of his most prized properties went on trial on Monday.
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00:00 There was high drama outside a New York court as Donald Trump arrived for the opening of
00:06 a civil trial on allegedly fraudulent business dealings.
00:10 The ex-U.S. president is accused of inflating his financial worth to the equivalent of several
00:16 billion euros to secure loans from banks.
00:20 Trump denies the charges and says the case is politically motivated.
00:24 We have a racist attorney general who`s a horror show, who ran on the basis that she
00:29 was going to get Trump before she even knew anything about me.
00:33 She used this to run for governor.
00:35 She failed in her attempt to run for governor.
00:37 She had virtually no polling.
00:39 She came back and she said, well, now I`ll go back to get Trump again.
00:43 And this is what we have.
00:44 It`s a scam.
00:45 It`s a sham.
00:47 Attorney General Letitia James, a Democrat, is seeking around 240 million euros in fines
00:53 and a ban on Trump doing business in New York.
00:55 My message is simple.
00:57 No matter how powerful you are, no matter how much money you think you may have, no
01:03 one is above the law.
01:04 And it is my responsibility and my duty and my job to enforce it.
01:10 The law is both powerful and fragile.
01:12 And today in court, we will prove our case.
01:16 The judge in the case has already found Trump committed fraud in one of the claims against
01:20 him.
01:21 He`s considering six other charges.
01:24 Trump isn`t expected to testify for several weeks.
01:27 The trial could run into December.
01:29 (whooshing)