The trial in New York Attorney General Letitia James’ civil lawsuit against Donald Trump is due to begin next week, but a key part of it was resolved Tuesday when a state.
The trial in New York Attorney General Letitia James’ civil lawsuit against Donald Trump is due to begin next week, but a key part of it was resolved Tuesday when a state judge ruled that Trump and his company had committed fraud. Judge Arthur Engoron ruled that it was beyond dispute that Trump and the Trump Organization had defrauded banks and insurers for years by massively overvaluing assets, the AP reports. “The documents here clearly contain fraudulent valuations that defendants used in business,” Ergoron said of financial statements that overvalued Trump’s wealth by as much as $3.