It's been a long time coming but it finally happened. Donald Trump, several of his businesses and two of his sons have been found liable for fraud by a New York judge for massively inflating the value of their holdings and companies. Is it possible that Trump's pathological lying and grandiose bragging finally caught up with him after all of these years?
The civil fraud case brought by New York Attorney General Letitia James appeared so unassailable to Justice Arthur Engoron that he issued a summary judgment on behalf of the state which strips control of some of Trump's businesses from the family and could end up costing the former president as much as $250 million. Engoron found that after examining the facts and the arguments there was no need for a trial to determine that Trump had committed fraud. This ruling amounts to what lawyers call the "corporate death penalty."
