A New York judge found on Tuesday that former President Donald Trump and his business associates committed fraud by lying about the financial valuation of various business assets from as early as 2011. In doing so, Judge Arthur Engoron granted New York Attorney General Letitia James’ motion for partial summary judgment and effectively ordered the dissolution of “any of the entity defendants” and “any other entity controlled or beneficially owned by” Trump and his business associates.
In reviewing the financial documents obtained by the Office of the Attorney General (OAG) of New York, Engoron found that “the documents…clearly contain fraudulent valuations that defendants used in business.” As a result, the court found that Trump and his two sons, Donald Trump Jr. and Eric Trump, as well as Trump Organization Chief Financial Officer Allen Weisselberg and Trump Organization Controller Jeffrey McConney all bear responsibility for perpetrating financial fraud against the state of