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Showing posts with the label as his lawyers say they’ll appeal

Donald Trump committed fraud as he built his real estate empire, New York judge rules

  Donald Trump committed fraud as he built his real estate empire, New York judge rules Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, a New York judge ruled on Tuesday in a strongly worded rejection of the former president’s bid to throw out a civil lawsuit against him. Judge Arthur Engoron found that Trump and executives from his company, including his sons Eric and Donald Jr, routinely and repeatedly deceived banks, insurers and others by massively overvaluing assets and exaggerating his net worth on paperwork. His ruling came in a civil lawsuit brought by Letitia James, New York’s attorney general, days before the start of a non-jury trial that will hear accusations that Trump, and the Trump Organization, lied for a decade about asset values and his net worth to get better terms on bank loans and insurance. “The documents here clearly contain fraudulent valuations that defendants used in business,” Engor