Trump and his children agree to sit for depositions in civil fraud suit

Former President Donald Trump and his adult children have agreed to sit for depositions in a lawsuit filed by investors who allege the family conned them into making bad investments in businesses the Trumps were promoting.

According to a Friday court filing, the former president is scheduled for a June 16 deposition, preceded by his sons Don Jr. and Eric on May 10 and May 12, respectively.

“Defendants have not yet offered a deposition date for Ivanka Trump,” the letter said.

The locations and logistics of the depositions were still being discussed.

Trump was accused of violating federal anti-racketeering law and misleading salespeople who lost money in a fraudulent marketing company that the former president threw his support behind in speeches and on “The Celebrity Apprentice,” according to the lawsuit, filed by four investors in 2018.

“From 2005 to at least 2015, defendants received millions of dollars in secret payments to promote and endorse ACN,” the suit alleges, referring to a multilevel marketing company that was among the businesses the Trumps were endorsing. “In return, Donald J. Trump told prospective investors that ‘[y]ou have a great opportunity before you at ACN without any of the risks most entrepreneurs have to take,’ and that ACN’s flagship videophone was doing ‘half-a-billion dollars’ worth of sales a year.’