Former President Donald Trump used various financial sleights of hand to puff up his most famous properties to inflate his net worth by billions of dollars every year for a decade, by the calculations of New York Attorney General Letitia James.
Manhattan Supreme Court Arthur Engoron validated those claims on Tuesday in finding Trump liable for massive fraud, in a ruling ordering the dissolution of the former president’s New York business empire.
The judge justified that extraordinary ruling in part on the attorney general’s calculations illustrated in more than a dozen charts found in court filings.
The Messenger lays out what five representative charts show, explains the government’s theory of the case, and the former president’s defenses, as the case gears up for a trial on the AG’s remaining six claims scheduled for Monday. James seeks $250 million in damages and the disgorgement of Trump’s “ill-gotten gains,” along with injunctive relief like an order barring the former president and his sons from ever serving as a director of a New York State corporation.
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