Donald Trump declared responsible for “repeated” financial “frauds” by a New York judge even before his trial

by time news

2023-09-27 00:32:48

A New York judge on Tuesday declared Donald Trump and two of his children, Donald Trump Jr and Eric Trump, responsible for “repeated” financial “fraud” in the 2010s in the valuation of the assets of the Trump Organization, even before the The civil trial in this case opened on Monday.

In this case, the Attorney General of the State of New York, Letitia James, who had filed a complaint, is demanding in particular $250 million in financial reparations and bans on running companies for the ex-president and his relatives.

Trump allegedly “inflated” the group’s assets to obtain more advantageous loans

In his decision, Judge Arthur Engoron considers that Donald Trump, who dreams of reconquering the White House in 2024, and his two children, executive vice-presidents of the Trump Organization, are “responsible” for “repeated violations” of the law.

He adds that the documents submitted by the attorney general “clearly” show “fraudulent valuations” on the part of Donald Trump for the group’s assets, a myriad of companies that range from residential real estate to luxury hotels and more. by golf clubs.

The Attorney General of the State of New York accuses the Republican billionaire and his children of having “inflated” this heritage by billions of dollars to, among other things, obtain more advantageous loans from banks from 2011 to 2021.

#Donald #Trump #declared #responsible #repeated #financial #frauds #York #judge #trial

You may also like

Leave a Comment