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Trump Seated in New York Court as Civil Fraud Trial Begins

Posted

October 2, 2023

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Former President Donald Trump denounced the civil fraud case over his business practices as a politically motivated “scam” as he arrived defiantly for a trial in the lawsuit, which could cost him control of Trump Tower and other prized properties.

Before entering the court room, Trump reiterated claims that New York Attorney General Letitia James' suit is a politically motivated attempt to thwart his return to the White House.

The suit accuses Trump and his company of deceiving banks, insurers and others by habitually lying about his wealth in financial statements.

Judge Arthur Engoron already has ruled that Trump committed fraud in his business dealings. It is a non-jury trial, so Engoron will decide on six other claims in the lawsuit.

James, a Democrat, is seeking $250 million in penalties and a ban on Trump doing business in New York. The judge’s ruling last week, if upheld on appeal, could force Trump to give up New York properties including Trump Tower, a Wall Street office building, golf courses and a suburban estate.

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Former President Donald TrumpTrump TowerWhite House TheJudge Arthur EngoronNew York TheNew YorkWall StreetBloomberg Originals Bloomberg Quicktake

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Trump Seated in New York Court as Civil Fraud Trial Begins · Bloomberg News · Sentinel