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Chicago Sun-Times

National

Michael Sisak | AP

Judge rules Donald Trump defrauded banks, insurers as he built real estate empire

Donald Trump Arthur Engoron Letitia James New York Insurance Lawsuit

Former President Donald Trump speaking at a rally Monday in Summerville, S.C. (Artie Walker Jr. / AP)

NEW YORK — A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

Ruling Tuesday in a civil lawsuit filed by New York’s attorney general, Judge Arthur Engoron found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.

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