The fate of former President Donald Trump’s business empire is currently in the hands of a New York state judge, Arthur Engoron, following an intense 11-week trial. Judge Engoron is at a pivotal juncture where he is set to decide the financial repercussions for Trump and his co-defendants over allegations of fraud, as well as determining whether Trump is permitted to continue his business operations within New York State.
This critical moment comes after Judge Engoron has already established that Trump engaged in fraudulent activities. The civil lawsuit, spearheaded by New York Attorney General Letitia James, a Democrat, is pursuing a substantial sum of $370 million from Trump and the other defendants, increased from the initial claim of $250 million. The lawsuit accuses Trump of submitting fraudulent financial statements, which allegedly enabled him to secure loans and insurance at more favorable terms.
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