Eric Trump denied knowing that he was cited as a source for Donald Trump's valuation of his Seven Springs estate in New York.

"People ask me questions all the time, but I never worked on the statement of financial condition," Eric Trump said when asked about two phone conversations cited by Trump Organization controller Jeffrey McConney to determine the value of the estate.

While Eric Trump said he had no reason to doubt that the conversations about the estate took place, he denied knowing they were used to value the property in Trump's financial statements.

"I don't believe I ever saw or worked on a statement of financial condition," Eric Trump said.

Eric Trump, the heir apparent to the Trump Organization, could face particularly high stakes on the stand.

Gaining power in his family's firm once his father became U.S. president, Eric Trump is responsible for "all aspects of management and operation of the Trump Organization," according to New York Attorney General Letitia James.

While his brother Donald Trump Jr. was sparsely mentioned by witnesses during the first five weeks of the trial, Eric Trump was described by witnesses as involved in the day-to-day operations of the company, as well as leading projects for multiple properties that were allegedly inflated in his father's statements of financial condition.

Unlike his brother Donald Trump Jr. -- who certified those statements between 2016 and 2021 -- Eric Trump is alleged to have signed "several guarantor compliance certificates" for his father, that relied on the financial statements.

"I've done a lot to jog my memory and I simply can't, because I don't think I've had any involvement in the statement of financial condition, to the best of my knowledge," Eric Trump said during the deposition he gave in the course of the AG's investigation.

As part of the penalty she is seeking, James has requested that the court bar Eric Trump -- as well as his brother and father -- from serving as an officer in any New York State corporation or business entity.

"The people call Eric Trump," state attorney Andrew Amer said as Donald Trump's second son took the stand.

"Is it fair to view the hierarchy of the Trump Organization as a pyramid with your father at the top?" Amer asked Eric Trump, an executive vice president with the firm.

"Yes," Eric Trump said. "I worked with many people but ultimately reported to my father."

Donald Trump Jr. has stepped down from the stand after testifying yesterday afternoon and this morning.

Trump Jr., who appeared comfortable and often smiled at the judge during most of his direct examination, began to invoke attorney-client privilege toward the end of his testimony, when he was asked about conversations within the Trump Organization after executives there learned of the New York attorney general's probe.

"Did you have anything to do with the statements of financial condition?" the judge intervened to ask Trump Jr. about the documents at the center of the AG's case.

"No, I did not, your honor," Trump Jr. said.

Defense lawyers declined to cross examine their own client.

The New York attorney general's civil fraud complaint against former President Trump lacks merit, a defense expert in accounting testified.

"My main finding is that there is no evidence whatsoever for any accounting fraud," New York University professor Eli Bartov said. "My analysis shows the statements of financial condition for all the years were not materially misstated."

Bartov's testimony bolstered the defense's contention that non-audited financial statements, like Trump's, are unreliable and represent only a first step in analysis.

"You cannot use the raw numbers in the statements as the basis for making decisions," Bartov said. "If you do that, you are likely to reach the wrong decision."

Judge Engoron asked Bartov whether the attorney general's complaint had no merit.

"This is absolutely my opinion," Bartov replied.

"And why is that?" defense attorney Jesus Suarez jumped in to ask.

"There is not a single reference to a specific provision of GAAP that was violated," Bartov said, referring to the generally accepted accounting principles." "If you allege there was an accounting violation, they have to tell us what provision was violated."

State attorneys objected to the relevance of Bartov's opinion, but Judge Engoron denied the objection.