A New York judge has determined that Donald Trump committed fraud by falsely inflating his wealth and assets by billions of dollars, a partial conclusion to a sweeping lawsuit and a years-long investigation from the state’s attorney general taking aim at the former president’s business empire.
The ruling from Judge Arthur F Engoron on 26 September found that the former president, his two adult sons, his companies and chief associates defrauded banks and insurers by grossly overvaluing assets and exaggerating his net worth on documents to secure deals and financing.
