A New York state judge ruled that former President Donald Trump and his company are liable for fraud in a lawsuit that was brought by the New York Attorney General’s office.
Judge Arthur Engoron, issuing a ruling Tuesday in a civil lawsuit brought by Attorney General Letitia James, found that the former president and the Trump Organization deceived banks, insurers, and others by allegedly overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.