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Politics

Ximena Bustillo

Closing arguments concludes in Trump civil fraud trial in New York

Donald Trump Eric Trump Donald Trump Jr. Donal Trump New York Arthur Engoron Donald Jr

Former President Donald Trump speaks to members of the media as he arrives at the New York State Supreme Court during the civil fraud trial against the Trump Organization in New York City on Jan. 11, 2024. (Timothy A. Clary/AFP via Getty Images)

Closing arguments were given today in a civil fraud trial that alleges former President Donald Trump lied about his wealth. A final decision from New York Judge Arthur Engoron is expected in the coming weeks.

Trump and his sons Donald Trump Jr. and Eric Trump are accused of knowingly committing fraud by submitting financial statements that inflated the value of their properties and other assets. The lawsuit alleges that from 2011 to 2021, Donald Trump and his organization created more than 200 false valuations to inflate his net worth by billions of dollars with the goal of getting better business, insurance and banking deals.

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