"Trump's $250 million civil fraud trial: 5 key takeaways and shocking revelations"

1 min read
Source: ABC News
"Trump's $250 million civil fraud trial: 5 key takeaways and shocking revelations"
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TL;DR Summary

New York Attorney General Letitia James filed a $250 million civil fraud lawsuit against Donald Trump, accusing him of fraudulent business practices. A New York judge ruled that Trump committed fraud by inflating the value of his properties, leading to the cancellation of the Trump Organization's business certificates in New York. As the trial approaches, here are five key takeaways: Trump's lawyers face an uphill battle as the judge criticized Trump's business practices and appeared unconvinced by his depositions; the ruling could damage Trump's reputation as a successful businessman; Trump may appear in court as a witness; the trial could last for months due to the number of witnesses; and the outcome could be expensive for Trump, with potential financial penalties and restrictions on his business activities.

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