From a a@21:1/5 to All on Wed Sep 27 14:51:55 2023
Donald Trump and the Trump Organization were found liable for persistently committing fraud by illegally inflating the value of his assets and net worth.
A New York judge ruled on Tuesday in state Attorney General Letitia James’ civil lawsuit of the former president that alleges Trump inflated the value of his properties by as much as $2.2 billion to secure better terms on bank loans and insurance.
A trial is scheduled to begin as early as Monday, October 2, to decide the penalties Trump will pay. James is seeking damages of close to $250 million.
Trump has sued to delay the trial, alleging Engoron and James are ignoring a previous appeals court order to narrow the case.