Trump Accused Of Fraud, Allegedly Inflating Assets By 3.6 Billion

A new legal chapter has opened against Donald Trump, as the former president is being accused, along with his sons Donald Jr. and Eric, of inflating the family fortune by $3.6 billion. Based on what Attorney General Letitia James had previously said, New York investigator Arthur Engoron has established that fraud involves providing false financial information to mislead banks and insurance companies. The trial is set for October 2, and there will be no jury.

Investigator Engoron also ordered the revocation of certificates that allow some of the former president’s companies, including the Trump Organization, to operate in New York and has appointed a receiver for them.

As always, Donald Trump’s answer came through his Truth Social network. He commented, “A major company has been defamed and slandered in this politically motivated witch hunt.” He added that this is not only an attack on him as an individual, but also on his entire family. “Today my status as the front-runner for President of the United States is challenged… It is appalling to see how radical left-wing Democrats will stop at nothing to prevent me from becoming President and all of America from having me as President.”

The investigator “hates Trump even more than Attorney General Letitia James,” he wrote, complaining about the lack of a jury and declaring the correctness of his actions.

Moreover, he clarified that his financial statements did not include “the most valuable asset, my brand” and contained a “limitation of liability clause,” that suggested “not relying” on what they contained.