New York’s attorney general Letitia James had brought a lawsuit contending that serial sex abuser Donald Trump (SSAT), his sons Donald Jr. and Eric, and two officers of his companies Allen Weisselberg and Jeffrey McConney and the various Trump organizations engaged in systematic fraud by inflating the value of their properties by outrageous amounts.
New York State Supreme Court justice Arthur Engoron yesterday awarded summary judgment to James on the first and most important claim. This means that the claim was established already and that it did not need to go to trial and the trial could go straight to the penalty phase which will undoubtedly include monetary damages but may also strip the family of control of the properties.
A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved.
…Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee Trump Organization operations.
If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.


