Mike Bloomberg to take the stand in embezzlement trial - Telegraph

Mike Bloomberg to take the stand in embezzlement trial - Telegraph

Mike Bloomberg, the billionaire media mogul and Mayor of New York, has been ordered by a judge to give evidence in a court case between his company and a former associate, according to a report in The Telegraph.

The newspaper report says Bloomberg is to give a deposition on Friday as part of a long-running legal battle resulting from a lawsuit filed by Bloomberg in a Manhattan court which accuses architect Alan Feltoon of being part of a scheme to embezzle money from the business. Feltoon denies the charges.

Feltoon's lawyers have successfully forced Bloomberg to face questioning, as they seek to argue that he was such a hands-on manager he was aware of everything their client did, writes the paper.

Bloomberg's office has confirmed that he will be required to give testimony but says it will largely relate to the fraud case and that the deposition may not be made public.

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