A New York Supreme Court judge has ruled that former President Donald Trump committed fraud for years while building his real estate empire.
Judge Arthur Engoron said in his ruling that Trump and his company overvalued his assets and exaggerated his net worth on paperwork used to make deals and secure loans. Engoron ordered some of Trump’s business licenses be rescinded as punishment, according to Quartz.
Trump's lawyer, Christopher Kise, said an appeal would be filed and called the decision “completely disconnected from the facts and governing law.”
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