Trump Accused of Inflating Real Estate Value, Trial Proceeds Despite Requests for Delays

Benzinga 2023-10-04

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Former President Donald Trump is facing a civil business fraud trial in New York, accused of inflating the value of his real estate. If found guilty, he could pay up to $250 million in damages and be prohibited from conducting business in New York. This is one of four lawsuits he is currently facing in New York. The lawsuit alleges that Trump engaged in fraudulent activity for business purposes. The trial has been allowed to proceed despite attempts to delay it. Other claims in the lawsuit include falsifying documents, conspiring to falsify records, issuing false statements, and committing insurance fraud. Trump said he's "going to court ... to fight for my name and reputation."

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