Premium from the FT – Trump committed fraud by inflating real estate values, New York judge rules

Premium from the FT – Trump committed fraud by inflating real estate values, New York judge rules

FT reports the former president and the front-runner for 2024 election, committed ‘persistent and repeated fraud' by vastly inflating property values to secure loans
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FT reports the former president and the front-runner for 2024 election, committed 'persistent and repeated fraud' by vastly inflating property values to secure loans

By Joe Miller in New York for the Financial Times

Donald Trump, his oldest sons and his business organisation are liable for orchestrating a "persistent and repeated fraud" in which they vastly inflated the value of properties in Manhattan and Florida, as well as golf courses in the US and Scotland, a New York state judge ruled on Tuesday.

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