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Takeaways from Day One of the $250 million Trump fraud trial

  • Donald Trump is accused of committing fraud for years, inflating his assets and net worth to obtain favorable bank loans and lower insurance premiums.
  • The judge ruled that Trump, his adult sons, and 10 of his companies are liable for fraud, with accusations of making up valuations and generating over $100 million by lying about his real estate empire.
  • Attorney General Letitia James is seeking fines of at least $250 million, a permanent ban on Trump and his sons from running businesses in New York, and a five-year commercial real estate ban.
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Bias Distribution

  • 47% of the sources lean Right
47% Right
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CNN broke the news in Atlanta, United States on Monday, October 2, 2023.
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