Judge rules Donald Trump defrauded banks, insurers as he built his real estate empire

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The decision, days before the start of a non-jury trial in Attorney General Letitia James’ lawsuit, is the strongest repudiation yet of Trump’s carefully...

NEW YORK — A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

The decision, days before the start of a non-jury trial in Attorney General Letitia James’ lawsuit, is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse. Those tactics crossed a line and violated the law, the judge said, rejecting Trump’s contention that a disclaimer on the financial statements absolved him of any wrongdoing.

Engoron’s ruling, in a phase of the case known as summary judgment, resolves the key claim in James’ lawsuit, but six others remain.

Source: Law Daily Report (lawdailyreport.net)

 

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