Donald Trump was found liable of financial fraud in a New York civil case alongside his eldest sons as well as some business associates. That decision came Tuesday from New York judge Arthur Engoron and marks a major defeat for Trump that could severely impact his ability to make money in New York as he seeks a return to the White House next year.
The judge said Trump and the other defendants dishonestly inflated the ex-president’s net worth, the value of his properties and other assets, to suit their own business needs.
In particular, the judge took issue with Trump lying about how big his penthouse was, claiming it was 30 000 square feet, nearly triple its actual size, resulting in an overvaluation of as much as $207 million.
As a penalty, the judge stripped Trump of certificates that let some of his businesses operate in New York, including the Trump Organization. The Tuesday ruling is also a big victory for New York state Attorney General Letitia James, who last year pressed charges against Trump.
Source: SABC
In other news – Mpumelelo Mseleku opens up on polygamy at a young age
Mpumelelo Mseleku opens up about being a polygamist at a young age. The 22-year-old is the son of the famous polygamist, Musa Mseleku who has four wives.
The young man continues his father’s legacy as he has two girlfriends, Vuyokazi Nxiweni, who is expecting their second child, and Tirelo, who recently welcomed their first baby together. Read more
