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Former US President and 2024 Presidential hopeful Donald Trump speaks at a Team Trump Iowa Commit to Caucus event at Jackson County Fairgrounds in Maquoketa, Iowa, on September 20, 2023.
Scott Olson | Getty Images
A judge on Tuesday ruled that former President Donald Trump and his company are liable for fraud in a lawsuit by the New York Attorney General’s Office.
Judge Arthur Engoron as part of that ruling cancelled the business certificates of Trump and the other defendants in the suit in Manhattan Supreme Court.
Engoron in his ruling found that Trump had made false and misleading valuations for multiple real estate assets over the course of years.
He ordered that within 10 days, the defendants must recommend no more than three potential independent receivers to manage the dissolution of the corporations that the judge has canceled business certificates for.
This is breaking news. Please check back for updates.
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