Judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

Judge Arthur Engoron, ruling Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.

    • squiblet
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      881 year ago

      His full-time job is pretending to be a martyr/savior and asking rubes for money.

      • @utopianfiat@lemmy.world
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        301 year ago

        I sure hope the Republican donor class is neglecting the rest of the 2024 races for the sake of trying in vain to keep Trump out of prison

      • @IDontHavePantsOn@lemm.ee
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        71 year ago

        You reminded me of a video news story from the early 2000s where the news station interviewed a guy, who panhandled while pretending to be a wheelchair bound homeless person in front of Walmart, as a sort of “gotcha” journalism piece. He was totally open and honest about it and was chuckling the entire time. At the end of the piece they asked “so now they we have outed you on tv, how are you going to trick people into giving you money?” He replied, "I’m just going to go over there (while pointing to adjacent stores). “And you think you will get people to give you money?” “Yeah, no one knows who I am and people forget so quickly that it won’t effect me”. (These aren’t exact quotes.)

        In a way Trump does the same thing. Everyone forgets his past actions quickly, blames the outcomes on the other party, and just moves on to different allegations he can spin. There’s so much news surrounding him theres little time to actually interpret his actions, and he can just shift gears to another group of downtrodden citizens to swindle if he pisses his supporters off.

  • @Viking_Hippie@lemmy.world
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    881 year ago

    So why the hell is this a civil suit rather than a criminal one?? Last I checked, bank fraud, insurance fraud, and other fraud are all illegal crimes that are against the law!

    • El Barto
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      1 year ago

      Not that I don’t agree with you, but I just want to point out that not all cases of breaking the law are criminal. For example, if you run a red light, a cop won’t throw you in jail for it. You’ll get a fine, though.

      Of course, what Trump did should put him in jail.

      But seeing his empire dismantle must be more devastating to his ego than the possibility of prison.

      • @Viking_Hippie@lemmy.world
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        -11 year ago

        if you run a red light, a cop won’t throw you in jail for it. You’ll get a fine, though.

        Traffic violations such as that are considered civil offences, not criminal ones. Trump keeps being found guilty of federal crimes in civil courts. There’s no way that someone less rich and powerful would get the same treatment.

    • Alien Nathan Edward
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      41 year ago

      Answer to the question you asked: what he’s technically accused of here is defrauding someone and the law will err on the side of “making the aggrieved party whole” (forcing him to give back what he stole) in these cases. After all, if someone ran off with all your money today would you be happier if the government hurt that person or if they made that person give it back to you. Someone steals my money no jail sentence is gonna satisfy me as much as being able to pay my mortgage.

      Answer to the question you meant to ask: Takes less evidence to get a civil suit to court, and in the process of prosecuting the civil suit you can get subpoenas for evidence and testimony that can lead to criminal indictments. This is basically getting a foot in the door to look at his taxes, his accounting records and everything else. Wouldn’t be shocked at all if there are criminal indictments on the way.

    • prole
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      1 year ago

      Could be due to the lower threshold for evidence (preponderance vs. beyond a reasonable doubt). Though I would imagine there’s tons of evidence of this since it’s been going on for 4 decades.

    • I am also confused. Why does the attorney general put forward a civil suit in the first place? Civil court is for parties to seek damages or the other party to do or stop doing actions against contractual obligations.

      Or did Trump defraud the city of New York and it is seeking compensation?

      • @Viking_Hippie@lemmy.world
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        -11 year ago

        Or did Trump defraud the city of New York and it is seeking compensation?

        Yeah, some of the “other fraud” is tax fraud, so in a very real and direct sense, he defrauded New York. Still doesn’t make sense for it to be a civil suit rather than a criminal one, though.

        Must be nice to be rich and powerful enough for your decades of major crimes to count as civil infractions 😮‍💨

    • @singron@lemmy.world
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      01 year ago

      They could potentially bring a related criminal suit later. I’m not an attorney, and there are a lot of specific rules about, but the stakes are lower in a civil case (i.e. no prison) and the burden of proof is easier, so you can more easily prove things or get the defense to admit things in a civil case that can sometimes make a criminal case easier.

      Even if you can’t cite the civil case from the criminal case, just the fact that the civil case ruled one way gives the prosecution confidence to commit to a criminal case and leverage if they negotiate a settlement.

      • @Viking_Hippie@lemmy.world
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        -11 year ago

        Fair enough. I’m gonna be pessimistic in stead of completely dismissive about the possibility of him seeing significant consequences, then 😁

  • @ImFresh3x@sh.itjust.works
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    1 year ago

    Went to Fox News to find this huge story. Scrolled by 7 non stories to find the headline ‘judge announced ruling on trump case’ with a picture of the judge looking black holding a microphone as if she’s some *political activist,” with no mention that he was found guilty of massive decades long fraud.

        • Cethin
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          -11 year ago

          That headline is accurate but not precise. If they wanted to inform people they could use the same number if words and describe what happened better.

          • @Nelots@lemm.ee
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            1 year ago

            I didn’t mean fox’s headline was accurate, I meant the previous commentor’s description of what fox did was accurate. I guess fox was accurate by technicality, but I would consider it misleading more than anything, what with the vague headline and victorious looking Trump.

    • @lemmyman@lemmy.world
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      141 year ago

      FYI the photo you’re referring to is of NY Attorney General Letitia James, not the judge. She looks black because she’s black.

  • @mateomaui@reddthat.com
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    521 year ago

    hell yeah

    Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee the Trump Organization’s operations.

    • @Buddahriffic@lemmy.world
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      61 year ago

      At this point, who is stupid enough to do business with Trump that would also care if he has a business license?

      And why would Trump even pretend to do legitimate business after finding a donation grift that keeps on giving the more trouble he gets in?

      • @mateomaui@reddthat.com
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        21 year ago

        Yes, read it from another post! As far as I can tell the only Trumps who dodged it are Ivanka and Tiffany.

  • @Evilcoleslaw@lemmy.world
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    1 year ago

    Oh okay, I was a bit confused at first. This is part of the massive civil case, but these are claims within that case that the judge issued summary judgement for. There are still more claims that will go to trial next week.

  • AutoTL;DRB
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    141 year ago

    This is the best summary I could come up with:


    NEW YORK (AP) — A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

    Judge Arthur Engoron, ruling Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.

    The decision, days before the start of a non-jury trial in Attorney General Letitia James’ lawsuit, is the strongest repudiation yet of Trump’s carefully coiffed image as a wealthy and shrewd real estate mogul turned political powerhouse.

    Beyond mere bragging about his riches, Trump, his company and key executives repeatedly lied about them on his annual financial statements, reaping rewards such as favorable loan terms and lower insurance premiums, Engoron found.

    Those tactics crossed a line and violated the law, the judge said, rejecting Trump’s contention that a disclaimer on the financial statements absolved him of any wrongdoing.

    Manhattan prosecutors had looked into bringing a criminal case over the same conduct but declined to do so, leaving James to sue Trump and seek penalties that could disrupt his and his family’s ability to do business in the state.


    The original article contains 345 words, the summary contains 215 words. Saved 38%. I’m a bot and I’m open source!

  • roguetrick
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    Summary judgement? Nice. Trump’s team didn’t see that coming I bet.

    • @jballs@sh.itjust.works
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      111 year ago

      For anyone, like me, who didn’t know what a summary judgement was:

      Summary judgment is granted when the facts can be decided upon without needing to go to trial, where the opposing party would lose due to a lack of evidence. If it’s not clear that there is no more evidence, then summary judgment must be denied.

    • athos77
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      51 year ago

      Isn’t this the case where his lawyers screwed up and failed to file paperwork requesting a jury trial, so the judge got to make the ruling on her own?

    • @FUCKRedditMods@lemm.ee
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      241 year ago

      You think the KARMA he deserves is being meted out?! With this slow fucking shitshow?

      It’s not karma to break the law and then be prosecuted for it, that’s just “the law” or society/government. If karma was real this fucker never would have been president.

      If karma was real my life wouldn’t suck so hard. If karma was real then 50% of the world’s money wouldn’t be in the hands of like 83 terrible people. If karma was real police officers wouldn’t get away with murder all the time, or get a $31k/year pension for shooting an unarmed man in a hotel hallway (cops and rich people are an example of when the LAW is just as imaginary as karma).

      The list could go on forever. The idea of karma is a nice fantasy we justice-minded people can imagine, but in reality, it’s just bullshit like every other superstition.

      • @mateomaui@reddthat.com
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        61 year ago

        I think it’s more that until now he’s always skated by on technicalities or republican intervention, and now there are 4 fairly ironclad cases that republicans have no real power to stop, and right now it’s slowly being released on him in a painfully constipated fashion, almost certainly to become a full diarrheal blowout before it’s all done.

    • squiblet
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      41 year ago

      More just cause and effect. Commit obvious financial crimes on paper for years, you might get caught.

      • @FUCKRedditMods@lemm.ee
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        61 year ago

        Yeah, and get caught doing enough crimes, you might get punished.

        I doubt he’ll ever see prison though, or be forced to forfeit his ill gotten gains—hence, karma is fucking bullshit.

        He’s a thief, a liar, a con man, a rapist, and a fucking traitor. With what he’s done to America and Americans alone, there’s no “karmic” outcome that would suffice to balance the scale opposite this disgusting piece of shit.

    • @morphballganon@mtgzone.com
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      11 year ago

      No, if karma was real, we would be seeing significant consequences.

      If a man commits a crime with a gun, simply taking away his gun is not enough.