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Published 2 months ago

Trump calls New York fraud trial a ‘scam’ as he arrives to courtroom

  • Former President Trump called the trial against him a "scam" and a "sham," claiming it is politically motivated to prevent his return to the White House. He argued that it is an attempt to harm him in an election and suggested that the people of the country would not stand for it.
  • The trial centers around allegations that Trump undervalued his properties and committed fraud in his financial statements. If the judge's ruling is upheld on appeal, Trump may be forced to give up valuable New York properties, including Trump Tower and golf courses. The judge has already ruled that Trump committed fraud in his business dealings.
  • The trial has high stakes for Trump, as it could lead to the loss of his prized properties and a shift in control of his companies. The New York Attorney General's suit accuses Trump of inflating the value of his properties, including his three-story penthouse in Trump Tower, which he claimed was worth $327 million. Trump denies any wrongdoing and argues that his financial statements have disclaimers.
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