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Grump in bad shape as he loses summary judgment in New York civil fraud trial
The essence of the New York civil fraud case against Grump's organizations is that he/they grossly exaggerated the value of its assets when making loan applications, and then grossly undervalued the same assets when it came to tax time.
Via summary judgment, much of the case against him has now been decided
Judge rules Donald Trump defrauded banks, insurers while building real estate empire
and the rest will be decided at trial, which is currently set to begin October 2, 2023. Grump stands to lose in the neighborhood of $250M in fines and penalties, and the revocation of many of business entity licenses.
And this is all in addiction to all the criminal cases still pending against him.
President Trump indicted and the domino effect of further indictments
Grump is in a bad way.
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