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Trumpfraudtrial

All articles tagged with #trumpfraudtrial

legal2 years ago

New York AG Targets Trump for $370M in Civil Fraud Case

Donald Trump's narrative of business acumen is under threat as his company faces a New York fraud trial, with a judge already ruling that Trump committed fraud. The trial has scrutinized the Trump Organization's financial practices, and Trump's defense has largely relied on arguments previously dismissed by the judge. The company risks losing its New York licenses and a hefty fine, which could significantly impact Trump's real estate operations. The trial's outcome could not only affect Trump's business empire but also his political future, as he leads in Republican polls for the 2024 election despite the legal challenges.

legal2 years ago

"NY AG Targets Trump for $370M in Civil Fraud Case"

New York Attorney General Letitia James is seeking $370 million from Donald Trump and his co-defendants in a civil fraud trial, aiming to bar them from doing business in the state. The sum represents an increase from the initial $250 million sought, based on allegations of fraudulent financial statements that purportedly benefited Trump financially. The trial has already seen a summary judgment ruling against Trump for persistent fraud, and his attorneys are planning appeals. The attorney general also seeks a five-year business ban for Donald Trump Jr. and Eric Trump, while Trump's legal team denies any intent to defraud and questions the credibility of key witnesses. Judge Arthur Engoron has dismissed several of Trump's defense arguments and will soon hear closing arguments in the case.