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Trump found guilty of fraud in New York

  • September 26, 2023
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Donald Trump and his family business were found guilty of fraud in a civil lawsuit by state Attorney General Letitia James, who accuses the former US President of

Trump found guilty of fraud in New York

Donald Trump and his family business were found guilty of fraud in a civil lawsuit by state Attorney General Letitia James, who accuses the former US President of It is illegal to inflate your assets and net worth.

The decision was made by Judge Arthur Engoron of New York State Court in Manhattan.

James sued Trump in September 2022, accusing him and Trump orchestrated lies for ten years on the value of your assets and your net worth to get better terms on bank loans and insurance.

She stated that Trump increased his wealth by $2.23 billionand up to $3.6 billion in annual financial statements provided to banks and insurers.

The attorney general said that among the assets whose value was inflated were Trump’s Mar-a-Lago (Florida) estate, his penthouse in Trump Tower in Manhattan, as well as several office buildings and golf courses. (Reuters)

*Information under development

Source: Aristegui Noticias

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