Judge rules trump spent decades defeauding insurers and bankers

What is the difference between summary judgment and final judgment?


If the Court grants the full motion, the moving party obtains an appealable final judgment. On the other hand, if the judge grants summary judgment on only some claims, the order is not an appealable final judgment because some remaining claims/defenses in the case must be resolved.Jan 18, 2022

The facts were undeniable. The trump organization played with others' money for years. Damages and details will need to be determined
 
  • A judge ruled that former President Donald Trump and his company are liable for fraud in a lawsuit by New York Attorney General Letitia James.
  • Judge Arthur Engoron as part of that decision cancelled the New York business certificates of Trump and the other defendants in the suit in Manhattan Supreme Court.
  • Engoron in his ruling found that Trump had made false and misleading valuations for multiple real estate assets in statements to insurers and banks over the course of years.
  • Because of those misstatements, Trump had inflated his true net worth by billions of dollars, the judge found.
Judge Arthur Engoron also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General's Office.

The judge said he will appoint an independent receiver to manage the dissolution of the corporations whose business certificates he canceled.

It is not clear whether Engoron's decision means the Trump Organization and related entities will have to completely cease doing business in New York or whether the companies can be legally reconstituted later.

How in the hell can this guru businessman be found liable for fraud.

This Judge must be a part of the Deeeeeep State.
The Trump Crime Organization.
 
  • A judge ruled that former President Donald Trump and his company are liable for fraud in a lawsuit by New York Attorney General Letitia James.
  • Judge Arthur Engoron as part of that decision cancelled the New York business certificates of Trump and the other defendants in the suit in Manhattan Supreme Court.
  • Engoron in his ruling found that Trump had made false and misleading valuations for multiple real estate assets in statements to insurers and banks over the course of years.
  • Because of those misstatements, Trump had inflated his true net worth by billions of dollars, the judge found.
Judge Arthur Engoron also canceled the New York business certificates of Trump, the Trump Organization, and the other defendants, including two of his sons, in a lawsuit by the state Attorney General's Office.

The judge said he will appoint an independent receiver to manage the dissolution of the corporations whose business certificates he canceled.

It is not clear whether Engoron's decision means the Trump Organization and related entities will have to completely cease doing business in New York or whether the companies can be legally reconstituted later.

How in the hell can this guru businessman be found liable for fraud.

This Judge must be a part of the Deeeeeep State.
 
That's exactly right. These very low-IQ affirmative action hire judges are clueless. Third party appraisers for both the banks and insurance companies determine value, not Trump. What's ironic is the op calls himself "The Banker". If truly a banker, he would know this. I have my doubts now!
All Trump did was report what the assessed value of the properties was. So the New York AG wants property values in the city to be lowered? Seems counterproductive as that would drop your tax revenue.
 
Quickly. Give him all your money!

Who, this guy?

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