NEW YORK, United States -- Former US president Donald Trump will appear in a New York court on Monday as a civil fraud trial against him and two of his sons kicks off, with the case threatening the Republican's business empire as he campaigns to retake the White House.
In Monday's case, Judge Arthur Engoron has already ruled that Trump and his sons Eric and Don Jr. committed fraud by inflating the value of the real estate and financial assets of the Trump Organization for years.
He is scheduled to appear before a federal judge in Washington on March 4 on charges of trying to overthrow the results of the 2020 presidential election won by Joe Biden. In the New York civil case, Engoron ruled that Trump, his two eldest sons and other Trump Organization executives lied to tax collectors, lenders and insurers for years in a scheme that exaggerated the value of their properties by $812 million to $2.2 billion between 2014 and 2021.As a result, the judge revoked the business licenses that allowed the Trump Organization to operate some of its New York properties.
According to Attorney General James, a Democrat, Trump's own apartment in that building is among the spaces that were fraudulently overvalued -- it was listed as three times bigger than its true size. On his Truth Social platform, Trump claimed there was no"wrongdoing" in his actions of"fully paying back sophisticated Wall Street Banks in full, with interest, with no defaults, and with no victims."
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump business empire under threat as New York fraud trial opensNew York, United States - Donald Trump faces fresh legal danger on Monday as a civil fraud trial against the
Read more »
Trump says he’ll appear at civil fraud trial in New York on MondayFormer President Donald Trump said he will go to court in New York for his civil fraud trial on Monday.
Read more »
New York flooded by heavy rains, subway partly paralyzedNew York, United States—Heavy rains overnight in the northeastern United States left parts of New York under water on Friday,
Read more »
New York stunned and swamped by record-breaking rainfall as more downpours are expectedNEW YORK — One of New York's wettest days in decades left the metropolitan area stunned and swamped Friday after heavy rainfall knocked out several subway and commuter rail...
Read more »
In New York City, scuba divers' passion for the sport becomes a mission to collect undersea litterNEW YORK: On a recent Sunday afternoon, the divers arrived on a thin strip of sand at the furthest, watery edge of New York City. Oxygen tanks strapped to their backs, they waded into the sea and descended into an environment far different from their usual terrestrial surroundings of concrete, traffic and trash-strewn sidewalks.
Read more »