Trump arrives at New York court for his fraud trial

Trump used 'materially inaccurate' financials, New York says as civil fraud trial beg

NEW YORK, Oct 2 (Reuters) - Donald Trump went on trial on Monday for fraud, in a civil case against him and his family business that could deal a major blow to the former U.S. president’s real estate empire.

Kevin Wallace, a lawyer in state Attorney General Letitia James' office, said in his opening statement that Trump described his finances to banks and insurers in a "materially inaccurate way" for a decade.

Trump, the frontrunner for the 2024 Republican presidential nomination, is accused by James of inflating the value of his assets by billions of dollars to secure better loan and insurance terms.

https://www.reuters.com/world/us/do...-civil-fraud-trial-opens-new-york-2023-10-02/
 
Trump gained $1b through inflating real estate value

The gains came through lower insurance premiums and better loan conditions, and in his opening statement, Kevin Wallace, an attorney for New York attorney general Letitia James, said the former president was “materially inaccurate” when he would describe his business to insurers and lenders.

“This isn’t business as usual, and this isn’t how sophisticated parties deal with each other,” Wallace said. “These are not victimless crimes.”

https://www.theguardian.com/us-news...er-shutdown-republicans-politics-live-updates
 
Uncensored2008 said:
Wait, you Nazis said he was already found guilty.

YOU started a thread on it, on behalf of your bosses in Beijing.
Click to expand...

You clearly do not understand the Court system or litigation, his companies were found to be guilty in a civil sense, but there was still a need for a trial to determine the punishment. The Judge must base the punishment on facts presented in the trial.

Are you pretending or are you really this dumb?
 
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