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Court finds Trump guilty of fraud

Sep 27, 2023

A New York court has ruled that Donald Trump fraudulently overstated the value of his assets to obtain favorable loans and insurance deals.

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This is reported by RBC-Ukraine with reference to The New York Times.

The decision was made on Tuesday, September 27, by Judge Arthur Engoron. It allows the state's largest lawsuit against the former president to proceed and narrows the trial, which is scheduled to begin on October 2. It also makes the state's claim for damages in the amount of $250 million realistic.

At the same time, Trump claims that the lawsuit filed by Democratic New York Attorney General Letitia James is politically motivated and plans to appeal the judge's decision.

In addition, the court ordered sanctions against Trump's lawyers for raising arguments that it had previously rejected. Each of the lawyers must pay $7,500.

Author - Serhii Kolomiets, 27/09/2023

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