Trump and company liable for fraud in New York lawsuit, judge rules
A judge on Tuesday ruled that former President Donald Trump and his company are liable for fraud by misstating the true values of multiple real estate properties for years.
Judge Arthur Engoron also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General’s Office.
The judge said he will appoint an independent receiver to manage the dissolution of the corporations whose business certificates he canceled.
It is not clear whether Engoron’s decision...