NonilexSep 26, 2023

Woo Hoo!

#Trump is found #liable for #fraud in #NewYork #civil case

A #NY #judge ruled Donald Trump is liable for fraud for #exaggerating his #NetWorth by #billions of dollars a year on #financial #records submitted to #banks & #insurers, a major #victory for the state’s AG #TishJames before a high-stakes #civil #trial over remaining claims in the case.

https://www.bloomberg.com/news/articles/2023-09-26/trump-found-liable-for-fraud-in-ny-attorney-general-s-case

Donald Trump Found Liable for Fraud in New York Attorney General Case

A New York judge ruled Donald Trump is liable for fraud for exaggerating his net worth by billions of dollars a year on financial records submitted to banks and insurers, a major victory for the state’s attorney general before a high-stakes civil trial over remaining claims in the case.

Bloomberg
Show threadNonilexSep 26, 2023
The ruling Tues by Justice Arthur #Engoron in #Manhattan resolves the state’s biggest claim against #Trump narrows a #trial set to start as soon as Oct. 2. The bench trial will now focus on allegations including #falsifying business #records & issuing #false #financial #statements, as well as the state’s demand for $250 million in #restitution.
Show threadNonilex

Justice #Engoron’s decision narrows the issues that will be heard, effectively deciding that the #trial was not necessary to find that #Trump was #liable & that the core of #James’s case was #valid. It represents a major blow to Trump, whose lawyers had sought to persuade the judge to throw out many of the claims against TFG.

#SummaryJudgment
https://www.nytimes.com/2023/09/26/nyregion/trump-james-fraud-trial.html?smid=nytcore-ios-share&referringSource=articleShare

NY Judge Rules Trump Committed Fraud, Stripping Control of Key Properties

The decision in a lawsuit that could go to trial next week is a major win for Attorney General Letitia James, who says former President Donald J. Trump overvalued his holdings by as much as $2.2 billion.

The New York Times
Sep 26, 2023 at 8:56pmWeb
Show threadNonilexSep 26, 2023

The judge also ordered #sanctions against Trump’s #lawyers for making arguments that he previously rejected. He ordered each to pay $7,500.
#MAGA = #MakingAttorneysGetAttorneys

#Trump still has an opportunity to #delay the #trial, or even gut the case against him. Trump has already sued Justice Engoron & an appeals court is expected to rule this week on his lawsuit. But if the #AppealsCourt rules against him, Trump will have to fight the remainder of the case at trial.

#SummaryJudgment

Show threadNonilexSep 26, 2023

"The #documents here clearly contain #fraudulent #valuations that defendants used in #business," #Engoron wrote in his #ruling, in which he ordered the defendants' #NewYork #BusinessCertificates #canceled. He ordered that within 10 days, they must recommend potential independent receivers to manage the #dissolution of the #canceled #LLCs.

https://www.cbsnews.com/news/donald-trump-company-violated-fraud-law-new-york-judge-rules/

Donald Trump and his company "repeatedly" violated fraud law, New York judge rules

"The documents here clearly contain fraudulent valuations that defendants used in business," Judge Engoron wrote in his ruling, ordering Trump's New York business certificates canceled.

CBS News
Show threadNonilexSep 26, 2023

Trump's #certificates for his #NewYork #businesses must be canceled for #fraud….

Engoron ruled any #BusinessCertificate filed by #Trump, his sons #EricTrump & #DonaldTrumpJr, #AllenWeisselberg & #JeffreyMcConney must be #canceled.

#ConMan #ConArtist #LyingLiarWhoLies
https://www.documentcloud.org/documents/23991862-engoron-decision-and-order-september-26

DocumentCloud