Canyon Crest Guide Newspaper Ads Canyon Crest CA

Donald Trump and his company “repeatedly” violated state fraud law, a New York judge ruled Tuesday.

The ruling came in response to a request by New York Attorney General Letitia James seeking judgment on one of the claims in her $250 million civil lawsuit, which is scheduled to go to trial on Oct. 2. Judge Arthur Engoron agreed in his ruling with James’ office that it is beyond dispute that Trump and his company provided banks with financial statements that misrepresented his wealth by as much as $3.6 billion.

“The documents here clearly contain fraudulent valuations that defendants used in business,” Engoron wrote in his ruling, in which he ordered the defendants’ New York business certificates canceled. He ordered that within 10 days, they must recommend potential independent receivers to manage the dissolution of the canceled LLCs.

Newspaper Ads Canyon Crest CACanyon Crest Guide Newspaper Ad

James’ office sued Trump, his sons Donald Jr. and Eric, and the Trump Organization in September 2022, claiming they committed extensive fraud over more than a decade while seeking loans from banks. In addition to $250 million, her office is seeking several sanctions that would severely hamper the company’s ability to do business in New York.

Both sides sought summary judgments from Engoron. James’ office asked for the ruling delivered Tuesday, saying it would streamline the trial if Engoron found certain facts were beyond dispute: that Trump and the company issued false business records and false financial statements.

The Trumps’ legal team asked Engoron to toss the case. They argued many of the loans in question occurred too long ago to be considered as part of this case.

Engoron also ruled on that motion Tuesday, rejecting it. 

The upcoming trial will now focus on other allegations in the lawsuit related to falsification of business records, issuing false financial statements, insurance fraud and conspiracy.

The Trumps and their company have denied wrongdoing and accused James, a Democrat, of pursuing them for political reasons.

In a statement Tuesday evening, Alina Habba, legal spokesperson for Trump’s Save America PAC, called the judge’s ruling “fundamentally flawed at every level” and said they would “immediately appeal.”

“It is important to remember that the Trump Organization is an American success story,” the statement said. “The fact that this Court summarily found that there is no question of fact, finding in part that Mar-a-Lago is worth approximately $20 million and issue a decision of this magnitude is an affront to our legal system.”

During arguments Friday related to the motions, a lawyer for James’ office said Trump signed off on so-called statements of financial condition portraying many properties he and his company owned as worth hundreds of millions more than the valuations of appraisers they had hired.

Trump attorney Christopher Kise said in response that the valuations reflected “Mr. Trump’s investment genius.” He pointed to Trump National Doral Miami golf club, which was purchased out of bankruptcy for about $150 million in 2012. Kise said it’s worth “well more than $1 billion” now.

“What Doral demonstrates is that President Trump is a master at finding value where others see nothing,” Kise said.

Engoron gave some indication he didn’t buy Kise’s argument during that hearing. Engoron peppered Kise with questions, frequently interrupting him, and at one point raising his voice as he banged his fist on the bench.

“You cannot make false statements and use them in business — that’s what this statute prohibits,” he said.

Engoron also ruled Tuesday on a separate motion by the New York attorney general seeking sanctions against Trump’s legal team for repeatedly making arguments Engoron and other courts had already rejected. James’ office asked the judge to impose a fine of $20,000.

Engoron ruled in the attorney general’s favor but upped the amount, fining five attorneys $7,500 each, for a total of $37,500.

Source link

Reach Out

Don’t hesitate to reach out to us to discuss your specific needs. Our team is ready and eager to provide you with tailored solutions that align with your firm’s goals and enhance your digital marketing efforts. We look forward to helping you grow your law practice online.

Our Services:
Blog Post Writing
We do well-researched, timely, and engaging blog posts that resonate with your clientele, positioning you as a thought leader in your domain.

Content Writing
Beyond articles and content for blogs, we delve into comprehensive content pieces like eBooks, and case studies, tailored to showcase your expertise.
Website Content Writing: First impressions matter. Our content ensures your website reflects the professionalism, dedication, and expertise you bring to the table.

Social Media Management
In today’s interconnected world, your online presence extends to social platforms. We help you navigate this terrain, ensuring your voice is consistently represented and heard.

WordPress Website Maintenance
Your digital office should be as polished and functional as your physical one. We ensure your WordPress site remains updated, secure, and user-friendly.
For more information, ad placements in our attorney blog network, article requests, social media management, or listings on our top 10 attorney sites, reach out to us at

Warm regards,

Canyon Crest Guide Newspaper

California Estate Planning
Tiny House For Sale
Canyon Crest Guide Newspaper Ads Canyon Crest CA
Whether you're a startup or an established brand, business directories offer an affordable, yet powerful tool to elevate your brand recognition and reach. Sign up, stand out, and let your business soar to new heights, sign up to one of our directory websites:

Canyon Crest Directory
Riverside Ca Business Directory
The Riverside Coupon Directory
Content Writing Service

Newspaper Ads Canyon Crest CA

Click To See Full Page Ads

Click To See Half Page Ads

Click To See Quarter Page Ads

Click To See Business Card Size Ads

If you have questions before you order, give me a call @ 951-235-3518

or email @

Like us on Facebook Here
Canyon Crest Guide
5225 Canyon Crest Drive Ste.71 #854 Riverside CA 92507
Tony Ramos 951-235-3518
For great backlinks to your website sign up to one of our directory websites:
Canyon Crest Directory
Riverside Ca Business Directory
The Riverside Coupon Directory
Previous articleGlynns Thomas Portraits Annnounces its New Studio Location in Downtown Sacramento
Next articleThis week’s money news – Ask Liz Weston
Article Content Writer We write content articles for all businesses. We produce content that can include blog posts,website articles, landing pages, social media posts, and more. Reach out for more information to, "Best to You" Tony.


Please enter your comment!
Please enter your name here