tldrdaily.news logo
Tag

Realestatefraud

All articles tagged with #realestatefraud

legalpolitics2 years ago

"New York AG Targets Trump for $370M in Civil Fraud Case Amid Democracy Concerns"

New York Attorney General Letitia James has argued that former U.S. President Donald Trump should be banned from the New York real estate industry due to "outrageous" fraud. Trump's lawyers have countered that the state has not proven any real-world impact from his financial statements. Justice Arthur Engoron, who found Trump liable for fraud, will deliver a verdict after closing arguments. The case could result in Trump facing at least $370 million in penalties and restrictions on his business activities in New York. Trump, who denies wrongdoing, faces multiple legal challenges but remains a frontrunner for the Republican presidential nomination.

via Yahoo News|
##legalpolitics#legaltroubles
legal2 years ago

NY Attorney General Pursues $370M and Lifetime Ban for Trump in Real Estate Fraud Case

New York Attorney General Letitia James has requested a lifetime ban for former President Donald Trump from the New York real estate industry and a $370 million fine in a civil fraud case. The case, which has recently concluded testimony in Manhattan Supreme Court, alleges that Trump and his sons engaged in a scheme to inflate the values of real estate assets for financial gain. Trump denies the allegations, claiming they are politically motivated, while his lawyers argue that there is no evidence of intent to defraud. A ruling from Judge Arthur Engoron is anticipated in the coming weeks.

via CNBC|
##civilfraudcase#donaldtrump
legalpolitics2 years ago

"NY Attorney General Calls for Trump's Ban from Real Estate Over Fraud Claims"

New York Attorney General Letitia James has called for a permanent ban on former President Donald Trump from the state's real estate industry, labeling his actions as "outrageous" fraud. Trump's legal team argues that the state has overreached and failed to prove "real-world impact" from the alleged inflation of asset values. Trump, who is facing multiple legal challenges, has denied any wrongdoing and dismissed the case as a political witch hunt. The trial's focus is on damages, with James seeking at least $370 million in penalties. The verdict from Justice Arthur Engoron is expected after the closing arguments, with Trump's New York real estate assets at stake.

via Reuters|
##donaldtrump#legalpolitics