Trump's lawyers' arguments in the case were based on “a fantasy world,' the judge said in his ruling.
Former president Donald Trump arrives for a commit to caucus rally on September 20, 2023, at the Jackson County Fairgrounds in Maquoketa, Iowa.A New York state judge ruled on Tuesday that former President Donald Trump committed business fraud for several years by falsely inflating the value of his assets to secure better loans from banks and policies from insurance companies.
The ruling comes in a civil case brought against Trump by state Attorney General Letitia James. The attorney general had considered bringing criminal charges relating to the allegations she made against Trump, but ultimately opted not to.— one that would determine whether fraud had occurred, and a second that would determine if Trump had engaged in illegal conduct to further the fraud.
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