Trump business empire under threat as New York fraud trial opens

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

NEW YORK - 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 business empire as he campaigns to retake the White House with four criminal cases looming."I'm going to Court tomorrow morning to fight for my name and reputation," the 77-year-old wrote on his Truth Social platform.

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. Under that kind of pressure, Trump - who made his reputation and fortune as a real estate mogul in the 1980s and had promised to bring his cut-throat industry tactics to the Oval Office - could eventually lose control over many of his company's flagship properties, such as his 5th Avenue Trump Tower in Manhattan.

Trump's luxury Mar-a-Lago resort in Florida - the site of the classified documents drama - and several other Trump Organization golf clubs also appear in James's complaint.

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:

 /  🏆 30. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines