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Brian Mann

Trump's N.Y. business empire is 'greatly at risk' from judge's fraud ruling

Donald Trump Jr. Eric Trump Donald Trump Letitia James Arthur Engoron Letitia Peekaboo James New York Will Thomas New York State NPR
A judge's ruling that Donald Trump committed fraud as he built his real-estate empire could strip the former president of his authority to make major decisions about the future of his marquee properties in New York. (Artie Walker Jr./AP)

New York City — Donald J. Trump's sprawling web of businesses in New York faces grave danger and could unravel swiftly after this week's fraud ruling by a state Supreme Court judge, legal and business experts say.

The summary judgment issued Tuesday concluded that the former president and his associates, including sons Donald Trump Jr. and Eric Trump, systematically overvalued corporate assets over a period of years.

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