Trump's Pathological Fraud
Trump is fined $355 Million and banned from doing business for 3 years for "repeatedly falsified business records with the intent to defraud."
In his 92 page blistering ruling against Trump and his co-defendants, Judge Arthur Engoron writes, “In order to borrow more and at lower rates, defendants submitted blatantly false financial data to the accountants, resulting in fraudulent financial statements. When confronted at trial with the statements, defendants’ fact and expert witnesses simply denied reality, and defendants failed to accept responsibility or to impose internal controls to prevent future recurrences.” The Judge said of Trump and his co-defendants that “their complete lack of contrition and remorse borders on pathological.”
Reps. Jason Smith, James Comer and Jim Jordan speak to reporters after the House voted to formally authorize the impeachment inquiry into President Joe Biden on December 13, 2023. (Drew Angerer/Getty Images)
Donald Trump’s ‘Fraudulent Ways’ Cost Him $355 Million, The Atlantic | 2/16/2024
By David A. Graham
Justice Arthur Engoron’s ruling is not fatal for Trump’s business empire, but it might be a near-death experience.
Attorney General Letitia James delivered remarks following her victory in her office’s civil fraud trial against Donald Trump and the Trump Organization.