Judge Rules Against Trump, Claims He Committed Fraud for Years While Building Real Estate Empire
A groundbreaking ruling by Judge Arthur Engoron has revealed that Donald Trump, the former president and real estate mogul, engaged in fraudulent activities for years, ultimately leading to his rise to fame and the White House.
In a civil lawsuit brought by New York’s attorney general, Judge Engoron concluded that Trump and his company deceived banks, insurers, and others by significantly inflating the value of his assets and exaggerating his net worth on important documents used in business deals and securing financing.
This ruling not only strengthens the argument that the US political establishment is using “lawfare” against the former president, but it also serves as a powerful repudiation of Trump’s actions.
Despite Trump’s claim that a Disclaimer on the financial statements absolved him of any wrongdoing, the judge dismissed this defense, further undermining his credibility.
While Manhattan prosecutors opted not to pursue a criminal case for the same misconduct, Attorney General Letitia James took legal action against Trump, seeking penalties that could disrupt his family’s business operations in New York.
Although Engoron’s ruling resolves the main claim in James’ lawsuit, there are still six other claims to be addressed in a non-jury trial scheduled to begin on October 2. The judge will then determine the appropriate punishments and penalties. James is seeking $250 million in penalties and a ban on Trump conducting business in his home state of New York. The trial is expected to extend into December.
Trump’s legal team attempted to have the case dismissed, arguing that James lacked evidence of public harm caused by Trump’s actions and that many of the allegations were time-barred. However, the judge rejected these arguments, further fueling the perception that lawfare is being employed to prevent the former president from running in the 2024 election.
The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.
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How did Trump manipulate financial figures and mislead lenders to secure larger loans and favorable business deals?
. This shocking ruling exposes the extent to which Trump manipulated financial figures and misled lenders, ultimately cementing his position in the real estate industry.
The lawsuit, filed by New York Attorney General Letitia James, aimed to hold Trump accountable for his alleged fraudulent activities. Judge Engoron meticulously reviewed the evidence presented over the course of the trial and made a resounding ruling against the former president.
By inflating the value of his assets, Trump had the ability to secure larger loans and favorable business deals. According to Judge Engoron’s ruling, Trump’s dishonest practices allowed him to build his real estate empire and accumulate immense wealth.
The implications of this ruling go beyond Trump’s business success. It raises serious questions about the integrity of the American financial system and the regulatory bodies responsible for overseeing it. How was Trump able to deceive banks, insurers, and others for so long? Did these institutions fail to conduct thorough due diligence or were they complicit in turning a blind eye to his dishonest practices?
Judge Engoron’s ruling highlights the importance of stronger checks and balances to prevent individuals from perpetrating fraudulent activities. It serves as a call to action for regulators and lawmakers to implement stricter regulations and enforcement mechanisms to safeguard the integrity of the financial system.
Furthermore, this ruling has potentially far-reaching implications for Trump and his political legacy. Having been elected as the 45th President of the United States, his reputation and credibility are now under scrutiny. This ruling casts a shadow over his presidency, raising questions about the reliability and honesty of his leadership.
While Trump and his legal team have vowed to appeal the ruling, it is a landmark decision that cannot be easily dismissed. The court’s findings reveal a pattern of dishonesty and fraudulent behavior that raises serious concerns about Trump’s suitability for public office.
As the legal battle continues and further investigations may be initiated, it is important to remember the fundamental principle that no individual is above the law. Regardless of Trump’s personal wealth, influence, or political power, justice must prevail. The court’s ruling represents a significant step towards holding Trump accountable for his alleged fraudulent activities and restoring faith in the American legal system.
This ruling is a wake-up call for the real estate industry, regulatory bodies, and society as a whole. It emphasizes the need for greater transparency, accountability, and ethical conduct in business dealings. By shining a light on the fraudulent practices of one of the most prominent figures in the real estate industry, Judge Engoron’s ruling serves as a warning to anyone tempted to engage in similar dishonest activities.
In conclusion, Judge Engoron’s ruling against Donald Trump signals a significant victory in the pursuit of justice and the exposure of fraudulent behavior. It sheds light on the deception and manipulation that took place while Trump built his real estate empire. This landmark decision serves as a reminder of the importance of upholding integrity, transparency, and accountability in business and public life. It is now up to the legal system and society as a whole to ensure that justice is served and that the necessary measures are taken to prevent such fraudulent activities from happening again in the future.
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