Trump business empire under threat as New York fraud trial opens

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Donald Trump faces fresh legal danger on Monday as a civil fraud trial against the former president and two of his sons begins in New York, threatening the Republican frontrunner's

In Monday's case, Judge Arthur Engoron has already ruled that Trump and his sons Eric and Don Jr. committed fraud by inflating the value of the real estate and financial assets of the Trump Organization for years."I'm going to Court tomorrow morning to fight for my name and reputation," the 77-year-old wrote on his Truth Social platform.In addition to this civil case, Trump also faces several major criminal proceedings in the months ahead.

Finally, he will also have to answer to state charges in Georgia, where prosecutors say Trump illegally tried to get the southern state's 2020 election results changed in his favor. Actually enforcing such penalties would be"a major blow to Donald Trump's ability to do business in the State of New York going forward," Will Thomas, a professor of business law at the University of Michigan, told AFP.

Another Manhattan building, at 40 Wall Street, was overvalued between $200-$300 million in financial disclosures, James alleges. - High-profile witnesses -Trump has repeatedly dismissed the New York civil allegations, calling James, who is Black,"racist," and labeling Engoron"deranged."

 

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