Judge: Donald Trump committed commercial fraud for years
Judge: Donald Trump committed commercial fraud for years
A judge has ruled that the retired president of the United States, Donald Trump, committed commercial fraud for many years in order to obtain loans and contracts. Former US President Donald Trump is being sued by the New York attorney general for defrauding banks and insurance companies by increasing the value of his assets. A New York court ruled on Tuesday that former US president Donald Trump committed fraud in his business activities over the past decade. These claims are part of a civil suit against Trump. Judge Arthur Engoron, while ruling on the case filed by New York State Attorney Letitia James, said Trump and his company deceived banks, insurance companies and others by giving a false assessment of his assets to get contracts and loans.
It has been stated that, the assets he increased in value include his mansion in Mar-a-Lago, Florida, office buildings and golf courses as well as his house on the top floor of the Trump Tower building, which he increased three times. its actual size. Judge Engoron has also ordered the cancellation of some of Trump's business licenses as punishment and made it difficult for him to do business in New York and added that he will appoint an independent monitor who will continue to oversee the operations of Trump's business network. Trump's lawyer, Christopher Kise, has said that they can appeal the decision, which he called a "distortion of justice" and does not take into account the facts and the law.