The New York Attorney General’s Office accuses Trump of inflating his company’s assets for years to obtain better loan terms and other financial benefits. This civil case, which will be heard next week, is in addition to the four major allegations against him.
A judge has called out the former US president Donald Trump responsible for a position fraud in the civil lawsuit promoted by the New York Attorney General’s Office in which he is accused inflate assets from your company for years to obtain better loan terms and other economic benefits.
In a ruling this Tuesday, Judge Arthur Engoron agreed with the Public Prosecution Service, which last week requested a partial summary judgment on the main charge in the case, namely fraud against Trump, his sons Donald Jr. and Eric, the Trump Organization and various associatesleaving six more crimes to be solved in the trial scheduled for October 2.
The judge specified in his ruling that Trump made false statements about real estate assets to insurers and banks. According to the New York Attorney General’s Office, Trump inflated his personal assets to financial institutions $3.6 billion (approximately 3.3 billion euros).
Likewise, the magistrate canceled all of the defendants’ businesses in New York, while also donating a period of ten days that those involved communicate at least three potential ‘independent’ companies that can take care of themselves the dissolution.
This civil case, which will be heard next week, is in addition to the four major allegations against him. Trump, the country’s first former president to be impeached, was indicted in March as part of the investigation against him over the alleged payment of bribes to adult film actress Stormy Daniels, and also faces 40 charges in the case. . He also has two other pending cases for attempted interference in the outcome of the 2020 presidential election, including the attack on the Capitol.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
