{"id":4148,"date":"2023-09-27T15:52:03","date_gmt":"2023-09-27T19:52:03","guid":{"rendered":"https:\/\/usa.businessupturn.com\/?p=4148"},"modified":"2023-09-27T15:52:03","modified_gmt":"2023-09-27T19:52:03","slug":"donald-trump-liable-for-business-fraud-rules-new-york-judge-in-civil-case-against-former-presidents-business","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/donald-trump-liable-for-business-fraud-rules-new-york-judge-in-civil-case-against-former-presidents-business\/4148\/","title":{"rendered":"Donald Trump liable for business fraud, rules New York judge in civil case against former president\u2019s business"},"content":{"rendered":"<p>Donald Trump has committed fraud by repeatedly misrepresenting his wealth by hundreds of millions of dollars, as ruled by New York judge.<\/p>\n<p>The ruling was a part of the civil case against the former president and his family business. It said that he has defrauded banks and insurers for years.<\/p>\n<p>Mr. Trump and other associates have argued that they have never committed a fraud. However, the ruling will be a big blow to Mr. Trump and can hamper his ability to do business in the state.<\/p>\n<p>New York Attorney General Letitia James had accused Trump, his two adult sons, and the Trump organisation of inflating their properties\u2019 value by more than $2 billion, in order to suit the needs for their business.<\/p>\n<p>James also claimed\u00a0 that the defendants produced false financial statements and records to get better terms on their loans, insurance deals, and to pay less tax.<\/p>\n<p>On Tuesday, Judge Arthur Engoron in the New York state court issued the decision after Ms. James requested a summary ruling before the case goes to trial. She argued that finding certain facts to be beyond disputes would speed up the trial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Donald Trump has committed fraud by repeatedly misrepresenting his wealth by hundreds of millions of dollars, as ruled by New\u2026<\/p>\n","protected":false},"author":175,"featured_media":4156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[168,750],"class_list":["post-4148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-donald-trump","tag-trump"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/4148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/175"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=4148"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/4148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/4156"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=4148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=4148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=4148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}