Donald Trump convicted by a New York court.  It is about property matters

The decision was made by Judge Arthur Engoron of state court in Manhattan. Trump was sued in September 2022 for allegedly lying about his net asset values ​​for a decade to obtain better terms on bank loans and insurance.

According to the prosecutor, the former president allegedly overstated the value of his assets by US$2.23 billion, and in the case of asset declarations submitted to banks and insurance companies by US$3.6 billion.

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The assets in question include the Mar-a-Lago property in Florida, an apartment in Trump Tower and several other office buildings and golf courses.

Trump allegedly explained that he did not increase the value of his assets because “you can find a buyer from Saudi Arabia who will pay the price I quote.”

Trump and criminal charges

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