Judge Finds Trump Committed Fraud In Building Real Estate Empire, a Victory for New York Attorney General
Ms. James is seeking $250 million from Mr. Trump as well as a ban on him ever conducting business in the Empire State again.
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A judge in New York has ruled that President Trump and his adult sons defrauded banks and other institutions during his decades expanding their family real estate company. Mr. Trump, who was sued by New Yorkâs attorney general, Letitia James, has railed against the case since it was first brought in 2022.
A New York Supreme Court judge, Arthur Engoron, granted Ms. Jamesâ request to find Mr. Trump liable on all seven of the civil counts she has filed against him. She argues that the former president and his company, the Trump Organization, illegally inflated and deflated the value of its assets in order to pay lower taxes, receive more favorable insurance rates, and better financing terms.
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