Donald Trump is in big trouble in a New York Court. According to the court, he did something wrong that’s like lying and cheating, and it’s a big deal. A judge named Arthur Engoron made this decision, and it could make it hard for Trump to do business in New York.
The state’s Attorney General, Letitia James, is happy with this decision because it helps her case. She says Trump and his businesses tricked banks and insurance companies for a long time. They made things look better than they were.
The judge also did something else. He said Trump’s businesses can’t do some things in New York anymore. It’s like they’re in trouble too. And he put someone in charge to figure out how to close these businesses down.
The judge didn’t like how Trump and his sons, Donald Jr. and Eric, and their business, the Trump Organization, made things up to make Trump look richer. He said they weren’t being honest.
The judge also said the lawyers for Trump and his team made bad arguments, and they acted difficult. But Trump and his team say they did nothing wrong, and they’re going to fight this decision.
Even though all of this is happening, Trump still wants to run for president in 2024. He’s ahead in the race right now, even though he’s in trouble with the law.
On a website called Truth Social, Trump said this is all just politics and that he didn’t do anything wrong. He thinks the judge is not being fair.
The Attorney General, Letitia James, started this lawsuit in 2022. She said Trump and his family lied for a long time about how much money they had to get better deals from banks and insurance companies.
The judge said that Letitia James showed strong proof that Trump said he had way more money than he did. He said this was a big deal, even in the money world.
The judge also didn’t like how Trump said his properties were worth a lot more money than they were. He talked about places like Mar-a-Lago in Florida, Trump Tower’s fancy apartment, and some buildings and golf courses. The judge said Trump made them sound way more valuable than they were.
The judge also didn’t agree with Trump when he said it was okay to make things look better and then say they were worth less later. He also didn’t like that Trump thought someone from Saudi Arabia would pay whatever he asked for his properties.
Now, even though the judge’s decision helps Letitia James, it doesn’t mean there will be a trial right away. Trump wants to delay things because he says the judge and Letitia James didn’t follow the rules. The appeals court will decide if they should wait or not.