The decision is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse.
Former President Donald Trump speaks at a rally in Summerville, S.C., Monday, Sept. 25, 2023. 8:46 PM EDT September 26, 2023committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president's companies removed from his control and dissolved.
Trump, in a series of statements, railed against the decision, calling it “un-American” and part of an ongoing plot to damage his campaign to return to the White House. Beyond mere bragging about his riches, Trump, his company and key executives repeatedly lied about them on his annual financial statements, reaping rewards such as favorable loan terms and lower insurance costs, Engoron found.
Engoron’s ruling, in a phase of the case known as summary judgment, resolves the key claim in James’ lawsuit, but several others remain. He'll decide on those claims and James' request for $250 million in penalties at a trial starting Oct. 2. Trump’s lawyers have asked an appeals court for a delay. James, a Democrat, sued Trump and the Trump Organization a year ago, accusing them of routinely inflating the value of assets like skyscrapers, golf courses and his Mar-a-Lago estate in Florida, padding his bottom line by billions.
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Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
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Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House
Baca lebih lajut »
Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House
Baca lebih lajut »
Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
Baca lebih lajut »
Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
Baca lebih lajut »
Judge rules Donald Trump defrauded banks, insurers as he built real estate empireA judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
Baca lebih lajut »