Status: 27.09.2023, 00:06 a.m.
A judge in the U.S. accuses Donald Trump of fraud. © Artie Walker Jr./AP/dpa
The former U.S. president is struggling with numerous legal problems. Now Donald Trump is confronted with another accusation.
New York - Former U.S. President Donald Trump has manipulated the goodwill of his Trump Organization for years, according to a New York judge and thus committed fraud.
The ex-president, his sons and senior staff had systematically overestimated the value of the company in annual reports in order to obtain more favorable terms for loans and insurance contracts, according to a preliminary decision by Judge Arthur Engoron on Tuesday.
Numerous conflicts with the U.S. judiciary
For example, Trump had given the size of his apartment in Trump Tower for years as around 2800 square meters, although it was only a good 1000 square meters. As a result, the property was overvalued by up to 200 million US dollars. The value of his Mar-a-Lago estate in Florida is said to have been inflated by as much as 2300 percent in the financial documents.
Next Monday, the civil case brought by New York Attorney General Letitia James against Trump is to begin. She wants Trump to pay $250 million in reparations and stop doing business in New York. A final verdict is expected in December.
Trump has been fighting numerous conflicts with the U.S. judiciary for decades. Even as a construction mogul, he was involved in legal disputes. During his presidency from 2017 to 2021, he was repeatedly targeted by the judiciary. Since the end of his presidency, Trump has been struggling on several fronts with legal problems or investigations that could have legal consequences for the 77-year-old. In next year's presidential election, Trump wants to run again. Dpa