"A New York judge ruled on Tuesday that
Donald J. Trump persistently committed fraud by inflating the value of
his assets, and stripped the former president of control over some of
his signature New York properties. The
surprising decision by Justice Arthur F. Engoron is a major victory for
Attorney General Letitia James in her lawsuit against Mr. Trump,
effectively deciding that no trial was needed to determine that he had
fraudulently secured favorable terms on loans and insurance deals. Ms.
James has argued that Mr. Trump inflated the value of his properties by
as much as $2.2 billion and is seeking a penalty of about $250 million
in a trial scheduled to begin as early as Monday. ..."
***NY Times: Trump’s Lawyers Try to Grasp the Implications of Judge’s Fraud Ruling
NY Times: Ruling Against Trump Cuts to the Heart of His Identity
NY Times: Read the Judge’s Ruling in the Trump Fraud Case
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