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New York judge finds Donald Trump liable for fraud
A New York judge found Donald Trump, Donald Trump, Jr., and Eric Trump liable for fraud and canceled the Trump Organization’s business certifications.
The ruling came after New York Attorney General Letitia James brought a civil case against Trump, alleging he fraudulently overstated the value of his assets on annual financial statements by as much as $2.2 billion every year to receive benefits.
Donald Trump had argued that he *did not* inflate the values of his golf courses, hotels, homes at Mar-a-Lago and Seven Springs on financial statements – but the New York judge found otherwise, and agreed with the attorney general that he had committed fraud.
The full implications of Trump’s fraud conviction are still becoming clear, but one thing we do know is that this is likely to make it much harder for the Trump Organization to do business in New York state.
This new conviction is also not the first: In 2022, the Trump Organization was found guilty of 17 counts of fraud, and the company’s former Chief Financial Officer Allen Weisselberg pled guilty to 15 felony counts, including several counts of tax fraud and falsifying business records. CREW called on the federal government to ban the Trump Organization from government contracts and programs following its conviction.
CREW exposed Trump’s business dealings in foreign countries – including the fact that he made up to $160 million from international business dealings while he was serving as president of the United States.
It takes legal efforts across the country, and persistent research and reporting to hold Trump accountable. Help us make it happen.
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