Donald Trump is found liable for fraud in New York civil case
Quote:
A New York judge found Donald Trump and his family business fraudulently inflated the value of his properties and other assets, in a major defeat for the former U.S. president that could severely hamper his ability to do business in the state.
The scathing decision by Justice Arthur Engoron of the New York state court in Manhattan will make it easier for state Attorney General Letitia James to establish damages at a scheduled Oct. 2 trial.
Engoron also ordered the cancellation of certificates that let some of Trump's businesses including the Trump Organization operate in New York, and ordered the appointment of a receiver to manage the businesses' dissolution.
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