Trump business empire under threat as New York fraud trial opens

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

Former US president Donald Trump will appear in a New York court on Monday as a civil fraud trial against him and two of his sons kicks off, with the case threatening the Republican's business empire as he campaigns to retake the White House.[ad]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.

Former US president Donald Trump will appear in a New York court on Monday as a civil fraud trial against him and two of his sons kicks off, with the case threatening the Republican's business empire as he campaigns to retake the White House. In Monday's case, Judge Arthur Engoron has already ruled that Trump…

New York Attorney General Letitia James is now seeking $250 million in penalties and the removal of Trump and his sons from management of the family empire.“I’m going to Court tomorrow morning to fight for my name and reputation,” the 77-year-old wrote on his Truth Social platform. “This whole case is a sham!!!”

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. According to Attorney General James, a Democrat, Trump’s own apartment in that building is among the spaces that were fraudulently overvalued — it was listed as three times bigger than its true size.

There are likely to be dozens of witnesses called to testify at the trial, including Trump himself, and former financial director of the Trump Organization Allen Weisselberg, who served time in prison after pleading guilty to tax fraud in a separate case brought against the business. The daughter of a prominent Uyghur academic reportedly jailed for life in China has appealed for support from scholars around the world, saying authorities have shown her mother no mercy. The human rights group Dui Hua said last month that China had sentenced Rahile Dawut to life behind bars for "endangering state security," although the…

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump’s Business Empire Under Threat As New York Fraud Trial OpensTrump said late Sunday he planned to be present for the start of the trial on Monday morning.
Source: channelstv - 🏆 7. / 63 Read more »