As the non-jury trial for Donald Trump related to fraud charges brought about by Attorney General Letitia James gets set to get underway in New York next week, a judge has round that Trump and his key associates did commit fraud
A judge has ruled that former president Donald Trump has committed fraud by massively overvaluing his assets and exaggerating his net worth in financial documents.
Judge Arthur Engoron issued the ruling today in a civil lawsuit filed against Trump by New York’s attorney general. The judge ruled that Trump had committed fraud for years while building his real estate empire which served as a launchpad for not only his fame but also his time in the White House as President.
Judge Engoron found that Trump and his company had deceived banks, insurers and others by hugely overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.
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