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Al Jazeera
Al Jazeera
Politics

Trump found liable for deceiving businesses, banks in New York fraud suit

Former US President Donald Trump is facing an array of legal jeopardy, including four criminal indictments [Sam Wolfe/Reuters]

A judge has ruled that former United States President Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame.

Judge Arthur Engoron, ruling in a civil lawsuit brought by New York’s attorney general, 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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