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Mr Trump and his real estate organisation were ordered to pay $354,868,768 (£281m) in fines, just short of the amount Ms James had requested. This is an enormous sum, even for a billionaire.
- Kayla Epstein
Sep 27, 2023 · A judge’s ruling that Trump committed fraud as he built his real-estate empire tarnishes the former president’s image as a business titan and could strip him of his authority to make major decisions about the future of his marquee properties in his home state.
Feb 16, 2024 · A New York judge fined Donald Trump more than $350 million on civil fraud charges for inflating the value of his properties to secure favorable loans and restricted him and his two eldest...
- Linda Moss
Sep 26, 2023 · The lawsuit accused Trump and his company of routinely inflating the value of assets like skyscrapers, golf courses and his Mar-a-Lago estate in Florida, padding his bottom line by billions.
Sep 26, 2023 · Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing...
- 2 min
Oct 2, 2023 · The case, brought by New York Attorney General Letitia James, alleges that Trump and his company used false asset valuations to inflate his wealth by billions of dollars a year from 2011 to 2021....
People also ask
Did Trump commit fraud while building a real estate empire?
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Oct 10, 2023 · When the Chubb insurance agency sent an appraiser to determine the value of Trump’s triplex apartment in 2010, he was not allowed to see the primary bedroom because he was told “Mrs. Trump was...
