Donald Trump was found responsible for “repeated” financial “fraud” by a New York judge before his trial

A New York judge on Tuesday declared Donald Trump and his two children, Donald Trump Jr. and Eric Trump, responsible for “repeated” financial “frauds” in the 2010s in valuing the Trump Organization’s assets, even before the Civil Court. this case opened on Monday.

At the same time, New York State Attorney General Letitia James, who filed the complaint, demands, in particular, $250 million in the form of financial reparations and a ban on the management of companies for the ex-president and his relatives.

Trump allegedly “inflated” the group’s assets to get better loans

In his decision, Judge Arthur Engoron found that Donald Trump, who dreams of winning the White House in 2024, and his two children, executive vice presidents of the Trump Organization, are “responsible” for “repeated violations” of the law.

He adds that documents presented by the attorney general “clearly” show “fraudulent valuations” by Donald Trump of the group’s assets, a variety of companies ranging from residential real estate to luxury hotels and golf clubs.

The New York State Attorney General accuses the Republican billionaire and his children of inflating that wealth by billions of dollars, including to obtain better bank loans between 2011 and 2021.