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Trump reaped over $1 billion in fraud, New York says at trial

Posted on AllSides October 2nd, 2023
From The Center
REUTERS/Brendan McDermid/Pool

Donald Trump attacked New York's attorney general and the judge overseeing his civil fraud trial as it began on Monday and a state lawyer accused the former president of generating more than $1 billion by lying about his real estate empire.

The trial in a Manhattan courtroom concerns accusations by state Attorney General Letitia James that Trump inflated his assets and his own net worth from 2011 to 2021 to obtain favorable bank loans and lower insurance premiums.

James is seeking at least $250 million in fines, a permanent ban...

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https://www.reuters.com/world/us/donald-trumps-business-empire-peril-civil-fraud-trial-opens-new-york-2023-10-02/

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