"Trump's $370M Civil Fraud Trial Nears End: Key Points to Note"

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Source: ABC News
"Trump's $370M Civil Fraud Trial Nears End: Key Points to Note"
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TL;DR Summary

Former President Donald Trump's $370 million civil fraud trial, which could potentially bar him from the New York real estate industry, is nearing its end. The New York Attorney General alleges that Trump and his associates inflated assets in financial statements, leading to favorable interest rates and fraudulent gains of $370 million. Trump's defense argues lack of intent and relevance to lenders, while Trump himself criticizes the case as politically motivated. The judge has expressed skepticism towards Trump's defense and has set rules for Trump's potential closing statement.

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