A Manhattan judge on Tuesday found Donald Trump committed fraud by exaggerating the value of his wealth — and canceled the former president’s New York business licenses, which could hamper his longtime company’s ability to operate in the Empire State.
Manhattan Supreme Court Justice Arthur Engoron found Trump, 77, his family and his business, the Trump Organization, liable for fraud — the key claim in New York Attorney General Letitia James’ sprawling lawsuit against the defendants.
In a 35-page ruling, Engoron sided with James, who argued that Trump made several indisputably false statements in business documents to secure favorable terms with banks – including by claiming that his soaring triplex penthouse at Trump Tower was 30,000 square feet when it was in fact closer to 11,000 feet.
https://nypost.com/2023/09/26/trump-committed-fraud-by-inflating-wealth-ny-judge/
https://www.cbsnews.com/news/donald-trump-company-violated-fraud-law-new-york-judge-rules/