 New York Judge Rules Trump Committed Fraud, Potentially Impacting Business Prospects

Fraudulent Valuations: Judge Arthur Engoron found that Trump overvalued properties, such as Mar-a-Lago and Trump Tower, by significant margins.

[{"selector":"#anim-575550a2-8874-42f6-b53d-313a46593a1b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.0658141036401503e-14%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8ae0799e-28c8-495d-9283-fb7eee05ac9c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a99f0cc-abd3-4e38-9145-ce50731f7bac","keyframes":{"transform":["translate3d(0px, -412.71832%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Impact on Trump: This ruling could hamper Trump's ability to do business in New York, and it resolves the key fraud claim in the lawsuit.

[{"selector":"#anim-7872764d-3892-4e64-81d5-bce88c994eab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-093172e5-6729-4579-984d-9e6bb89fb691","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5a1bf1f2-1f63-40db-aee2-ac44a3e94f7a","keyframes":{"transform":["translate3d(0px, -412.71832%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Remaining Claims: The trial will continue with six remaining claims and determine potential penalties.

[{"selector":"#anim-0c217977-4f1e-410c-9d85-ec7f925904ae [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-11.554054285747192%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-89dbc1a7-26e0-4f8b-93e8-ef98dfd18de4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a198ab15-123b-4632-a7f7-a13a306e2d48","keyframes":{"transform":["translate3d(0px, -479.55896%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Trial Timeline: The trial is scheduled from October to December, with NY Attorney General Letitia James seeking $250m in penalties.

[{"selector":"#anim-66fe48a9-7cc9-4e4f-98c2-66712a949d28 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-25%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7e51a5e4-9dde-410b-82c8-4f85d35a4756","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0f0ec39-1303-449c-a6a1-e2f532276734","keyframes":{"transform":["translate3d(0px, -410.83152%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Business Certificates Canceled: The judge ordered the cancellation of business certificates for some Trump entities in New York.

[{"selector":"#anim-560687f9-817f-4112-931b-52a23e80b9de [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(24.999996416110065%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b1e077f7-c8e2-44db-9b18-34e17d5f3d2b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a1ba0baf-5e60-4420-88d9-3b7d842d4609","keyframes":{"transform":["translate3d(0px, -477.26887%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Trump's Response: Trump's legal team called the ruling a "miscarriage of justice" and plans to appeal.

[{"selector":"#anim-05ca636a-f243-4548-b6c8-5803e2521454 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(19.172549794406955%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7cceb24c-8251-4ac2-b9e1-a2ec1460ff60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac705687-0b45-4d71-bec7-13f05b67026c","keyframes":{"transform":["translate3d(0px, -483.11792%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Ongoing Legal Battles: Trump faces numerous legal battles as he campaigns for an election rematch with President Biden.

[{"selector":"#anim-5ac984b5-9d67-4093-9f3e-fc8ee08e92b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(15.192304935758857%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6e4b7250-6ab8-4006-8498-312734a4b29f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3a7af44-c3f5-4022-9514-964407f57740","keyframes":{"transform":["translate3d(0px, -483.11792%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]