Former President Donald Trump was in court on Monday for the start of his civil fraud trial in New York, a case in which he and his company are accused of deceiving banks, insurers and others by misstating his wealth for years in financial statements.
The judge overseeing the case, Arthur Engoron, resolved the lawsuit’s top claim before the trial even began, ruling that Trump routinely deceived banks, insurers and others by exaggerating the value of assets on paperwork used in making deals and securing loans. Engoron will decide on six remaining claims in New York Attorney General Letitia James’ lawsuit, including allegations of conspiracy, falsifying business records and insurance fraud.
It’s just one of many legal problems that have ensnared the former president as he runs for a return to the White House in 2024.
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