Donald Trump's business empire in peril as civil fraud trial opens in New York By Reuters

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Donald Trump's business empire in peril as civil fraud trial opens in New York

© Reuters. A supporter of former U.S. President Donald Trump holds up a U.S. national flag at Trump Tower in New York City, U.S., October 1, 2023. REUTERS/David 'Dee' Delgado

Trump plans to attend the first week of trial in state court in Manhattan, according to a court filing in an unrelated case. Engoron described in scathing terms how they made up valuations. That included Trump calculating the value of his apartment in Trump Tower as if it were three times its actual size.

The ruling covers only a handful of the roughly 500 entities in Trump's portfolio but includes some of his most valuable properties. The specifics of how that order will be implemented have not been decided, but the loss of those prized assets would be a major blow to Trump's finances. If Engoron tacks on fines and business restrictions, that damage would compound.

That included listing his Mar-a-Lago club and residence in Florida as being worth up to $739 million even though deed restrictions capped it at $28 million, James said.

 

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Donald Trump says he will be in courtroom for New York trial scrutinizing his business practicesWith control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court Monday for the start of a civil trial in a lawsuit that has already resulted in a judge ruling that he committed fraud in his business dealings.
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Donald Trump says he will be in courtroom for New York trial scrutinizing his business practicesWith control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court Monday for the start of a civil trial in a lawsuit that has already resulted in a judge ruling that he committed fraud in his business dealings.
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Donald Trump says he will be in courtroom for New York trial scrutinizing his business practicesWith control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court Monday for the start of a civil trial in a lawsuit that has already resulted in a judge ruling that he committed fraud in his business dealings
แหล่ง: WOKVNews - 🏆 247. / 63 อ่านเพิ่มเติม »

Donald Trump says he will be in courtroom for New York trial scrutinizing his business practicesWith control over some of his most prized real estate holdings in jeopardy, former President Donald Trump says he will make a rare, voluntary trip to court Monday for the start of a civil trial in a lawsuit that has already resulted in a judge ruling that he committed fraud in his business dealings.
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