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Laura PourMeADrink

(42,770 posts)
Sat Jan 7, 2023, 01:34 AM Jan 2023

Meanwhile - trump crime family takes a hit


NEW YORK, Jan 6 (Reuters) - A New York judge on Friday said former U.S. President Donald Trump must face a lawsuit by the state's attorney general accusing him of fraudulently overvaluing his namesake real estate company's assets and his own net worth.

Attorney General Letitia James had suedTrump, his adult children Donald Jr., Eric and Ivanka and the Trump Organization last September over an alleged scheme to inflate Trump's assets by billions of dollars through a decade of lies to banks and insurers, in what she called a "staggering" fraud.

Justice Arthur Engoron of the state Supreme Court in Manhattan rejected defense claims that James waited too long to sue, fell short of establishing fraud, and should have better justified the $250 million of damages she is seeking.

He also said Ivanka Trump could be sued despite her claims she had not falsified valuations and not worked for the Trump Organization since 2017, saying she could be liable for participating in "continuing wrongs."

https://www.nasdaq.com/articles/donald-trump-ordered-by-judge-to-face-new-york-fraud-lawsuit
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Meanwhile - trump crime family takes a hit (Original Post) Laura PourMeADrink Jan 2023 OP
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