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US court finds Donald Trump responsible for fraud

Lindsey Sandoval by Lindsey Sandoval
September 27, 2023
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US court finds Donald Trump responsible for fraud
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A US court has found former President Donald Trump responsible for fraud. Reuters reports this.

Judge Arthur Engoron, ruling in a civil suit brought by New York Attorney General Letitia James, found that the former president and his company, The Trump Organization, deceived banks and insurers about the value of his assets for a decade in order to qualify for bank benefits. when using loans and insurance services.

Engoron ordered the revocation of some of Trump’s business licenses, making it difficult or impossible to do business in New York, and appointed an independent monitor to monitor the Trump Organization’s activities.

The court decision, made on September 26, is not final; the case will continue on October 2, American media reported.

Donald Trump is the first former president in US history to face criminal charges. In June, it became known about new charges against Trump – we are talking about improper storage of secret documents.

In early August, Trump was charged in connection with the storming of the Capitol in January 2021. Special Counsel Jack Smith said Trump was responsible for the January 2021 Capitol riots, when crowds stormed the US Congress building and forced their way inside.

Two weeks later, a Georgia grand jury returned a fourth indictment, this time on charges of conspiracy to overturn the 2020 election in Georgia.

Previously, he was accused of paying porn actress Stormy Daniels $130 thousand in 2016 for keeping silent about a sexual relationship with her. The Manhattan District Attorney’s Office believes Trump violated election laws by using campaign funds. The former US president and his lawyers deny guilt and the fact of the crime, calling what is happening “political persecution.” The trial in this case will begin in March 2024.

In November 2022, Donald Trump announced his candidacy for the Republican presidential nomination in 2024. The filing of charges should not formally prevent him from campaigning.

Tags: accusationsAmericaCourtDonaldEditor's Choicefindsfound guiltyfraudNewspresentresponsibleTrumptrump companyusa
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