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Donald Trump found liable for fraud in New York civil case – DW – 09/26/2023

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A judge on Tuesday found Donald Trump liable for fraud during his business dealings as part of a civil case against the former US president.

Justice Arthur Engoron of the New York state court in Manhattan determined that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating the real estate tycoon’s net worth on paperwork that was used to make deals and secure financing.

New York District Attorney Letitia James sued Trump for inflating his assets in September 2022.

Engoron’s decision precedes a trial set for next week. 

More to follow…

zc/wmr (AP, Reuters)

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