a New York judge declares Donald Trump responsible for “repeated” financial “frauds”, a few days before his civil trial

A statement even before the opening of the civil trial in this case, Monday October 2. On Tuesday, a New York judge found Donald Trump and two of his children, Donald Trump Jr. and Eric Trump, responsible for “frauds” financial “repeated” in the 2010s, in the valuation of the assets of the Trump Organization.

In this case, the Attorney General of the State of New York Letitia James, who had filed a complaint, is demanding in particular $250 million in financial reparations and bans on the management of companies for the former American president and his relatives. The prosecutor accuses the Republican billionaire and his children of having “swollen” the assets of the Trump Organization of several billion dollars, to, among other things, obtain more advantageous loans from banks, from 2011 to 2021.

In his decision Tuesday, Judge Arthur Engoron considers that Donald Trump and his two children, executive vice presidents of the Trump Organization, are “responsible” of “repeated violations” of the law. He adds that documents submitted by the Attorney General show “clearly” of the “fraudulent evaluations” from Donald Trump for the group’s assets, a myriad of companies that range from residential real estate to luxury hotels and golf clubs.