{"id":2045483,"date":"2023-09-26T17:08:02","date_gmt":"2023-09-26T21:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-judge-finds-trump-liable-for-fraud\/"},"modified":"2023-09-26T17:09:07","modified_gmt":"2023-09-26T21:09:07","slug":"new-york-judge-finds-trump-liable-for-fraud","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-judge-finds-trump-liable-for-fraud\/","title":{"rendered":"NY Judge: Trump Found Guilty of Fraud"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnew-york-judge-finds-trump-liable-for-fraud%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2045483&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Trump Found Liable for Fraud in Lawsuit<\/h2>\n<blockquote>\n<div>\n<figure><figcaption>Reuters<\/figcaption><\/figure>\n<\/p><\/div>\n<div>\n<p>Donald \u200c <strong>Trump<\/strong> and his\u2064 family business were found liable for <strong>fraud<\/strong> on Tuesday in state \u200battorney general Letitia \u2064James&#8217;s civil lawsuit\u2062 accusing the former president of illegally inflating his assets and net worth.<\/p>\n<p>The decision was issued by Justice Arthur Engoron of the New York state\u200c court in Manhattan.<\/p>\n<p>James sued <strong>Trump<\/strong> in Sept. 2022, accusing him and the <strong>Trump<\/strong> Organization\u2062 of lying for a decade about asset \u2063values\u2064 and his net worth to get better terms on bank \u2063loans and insurance.<\/p>\n<p>She has said <strong>Trump<\/strong> inflated his net worth by as much as $2.23 billion, and by\u200d one measure as\u2063 much as $3.6 billion, on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-walls-are-closing-in-ny-grand-jury-officially-dissolving-with-no-charges-against-trump\/\" title=\"The Walls Are Closing In! NY Grand Jury Officially Dissolving With No Charges Against Trump\">annual financial statements<\/a> given to banks and insurers.<\/p>\n<p>The attorney general has said assets whose values were inflated included <strong>Trump<\/strong>&#8216;s Mar-a-Lago estate in Florida, his penthouse apartment in Manhattan&#8217;s <strong>Trump<\/strong> Tower, and various office\u2062 buildings and golf courses.<\/p>\n<p>(Reporting\u2063 by Jonathan Stempel in New York; editing by Chris Reese and\u2063 Deepa \u200cBabington)<\/p>\n<\/p><\/div>\n<\/blockquote>\n<p> <\/p>\n<h2> How much \u200bdid Letitia James\u200b claim that Donald Trump exaggerated\u2063 his net worth by?<\/h2>\n<p><span> <\/p>\n<h1>Trump Found Liable for \u200cFraud in Lawsuit<\/h1>\n<p>Former President Donald Trump and his family \u2063business have been found liable for fraud in a civil lawsuit\u2064 brought by New \u200dYork state attorney general Letitia\u200d James.\u2062 The lawsuit accuses Trump of illegally inflating his assets and net worth to obtain\u200b favorable\u2063 terms on\u200b bank loans and\u200d insurance.<\/p>\n<p>The decision was issued by Justice Arthur Engoron of the\u2063 New York state court in Manhattan.<\/p>\n<p>Letitia James filed\u2064 the lawsuit against Trump in September\u2064 2022 alleging that \u200dhe and\u2063 the Trump Organization lied about the value of \u200cassets and his net worth for over a decade. The purpose of\u2063 these false\u200c statements was to secure more favorable deals with \u2062banks and insurance companies.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-texas-lawsuit-could-freeze-bidens-attempt-to-turn-pistol-brace-owners-into-felons-with-new-injunction-request\/\" title=\"Exclusive: Texas Lawsuit Could Freeze Biden\u2019s Attempt To Turn Pistol Brace Owners Into Felons, With New Injunction Request\">attorney general claims<\/a> that Trump exaggerated his net worth \u200bby \u200cup to $2.23 billion, and in some \u2062cases, by \u200das much as $3.6 billion, \u2064on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-judge-finds-trump-liable-for-fraud\/\" title=\"NY Judge: Trump Found Guilty of Fraud\">annual financial statements provided<\/a> to banks and insurers. Assets whose\u2064 values were allegedly inflated include Trump&#8217;s Mar-a-Lago estate in Florida, his penthouse apartment\u200c in Manhattan&#8217;s Trump Tower,\u200d and various office buildings and \u200dgolf courses.<\/p>\n<p>This verdict marks a significant blow to the reputation and financial standing of Donald\u200c Trump \u200dand his family business. It demonstrates that the\u200c former president has been found liable for fraudulent practices and \u200draises questions about \u2064the integrity of his business dealings.<\/p>\n<p>This is not\u2064 the first legal trouble that Trump has faced since leaving the \u200cWhite House. He \u200bhas been subject to multiple investigations and lawsuits, including a \u2062criminal inquiry by the Manhattan District Attorney&#8217;s office into his financial activities.<\/p>\n<p>The outcome of\u200c this civil lawsuit further\u200c highlights the legal challenges and potential consequences awaiting Trump. It is yet another indication that his actions are being \u2062closely scrutinized,\u200c and he may\u200d be held accountable for any illegal or unethical behavior.<\/p>\n<p>The implications of this verdict extend beyond\u2062 the individual \u2064case. It raises broader concerns \u2064about honesty\u2064 and transparency in the business world, particularly when it comes\u2062 to dealings with financial institutions. The verdict sends a clear message that\u200c fraudulent\u2062 practices will not be tolerated and that those who engage in such behavior will face legal consequences.<\/p>\n<p>With this\u2063 decision, Letitia James has achieved a significant victory in her pursuit of accountability for alleged financial misconduct. The \u200coutcome of this lawsuit further\u2064 cements her reputation as a \u2063staunch enforcer of the law and a champion for justice.<\/p>\n<p>As the \u2063legal proceedings continue, it \u2062remains to be seen what further repercussions Trump may\u200d face. However, this \u200dverdict has\u2063 undoubtedly\u200b dealt a blow to \u200bhis credibility and underscores the importance of upholding honesty and integrity in both public and private sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump and his family business were ruled guilty of fraud by state attorney general Letitia James. The lawsuit accused the former president of unlawfully inflating his assets and net worth. Justice Arthur Engoron of the New York state court in Manhattan delivered the decision. James filed the lawsuit against Trump and the Trump Organization in September 2022.<\/p>\n","protected":false},"author":66,"featured_media":2045484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2045483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2045483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2045483"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2045483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2045484"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2045483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2045483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2045483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}