All posts tagged: square footage

Judge Rules Trump’s Business Empire Committed Fraud

Judge Rules Trump’s Business Empire Committed Fraud

The courts are finally catching up to a man who has long behaved as though there would never be any consequences for his deceptions. Mario Anzuoni / Reuters September 27, 2023, 11:01 AM ET “That is a fantasy world, not the real world.” So wrote Arthur Engoron, a New York State judge, in an unexpected ruling late yesterday that threatens the heart of Donald Trump’s business empire. Engoron was referring in particular to arguments offered by the former president’s attorneys in the case, but his words describe many of the details of the case—such as the valuations of Trump’s properties and even the square footage he claimed they contained, both of which the court found were “clearly” fraudulent. Much of the reputation Trump cultivated as a business mogul was built on lies. The surprise is not that Trump and his co-defendants, including his sons Donald Jr. and Eric, committed fraud. What is surprising is that he could finally be punished for it—and quite harshly. The scheme that New York Attorney General Letitia James alleged last …