Legal Blow to Trump: Judge Rejects Claims of Property Inflation

A New York judge finds Donald Trump and his adult sons liable for fraud, threatening his financial empire and White House ambitions.

Judge Arthur Engoron's ruling rejects Trump's claims of inflating property values on financial statements.

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The lawsuit, brought by New York Attorney General Letitia James, seeks $250 million in damages and business bans.

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The judge cancels Trump Organization's business certification and appoints a receiver to oversee the dissolution of corporate entities.

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Questions arise about the ruling's impact on Trump's properties outside New York, such as Mar-a-Lago.

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Trump condemns the ruling, accusing it of being politically motivated.

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Trump's attorney vows to seek appellate remedies to address the decision.

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The judge criticizes Trump's defense arguments and compares them to a comedy line by Chico Marx.

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