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Benzinga
  • 2 years ago
The verdict in the New York Attorney General's civil business fraud trial against Trump and his company was expected on Jan 31st but has been delayed. Judge Engoron, who oversaw the non-jury trial, now estimates a ruling in early to mid-February, though the timeline is subject to change. Attorney General Letitia James accuses Trump, his company, sons, and executives of inflating asset values to commit fraud on financial statements. Engoron had previously found the defendants liable for fraud at the start of the trial, which was then held to determine penalties.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 The verdict in the New York Attorney General's civil business fraud trial against Trump and
00:06 his company was expected on January 31st but has been delayed. Judge Engeron, who oversaw
00:10 the non-jury trial, now estimates a ruling in early to mid-February, although the timeline
00:14 is subject to change. Attorney General Letitia James accuses Trump, his company, sons, and
00:18 executives of inflating asset values to commit fraud on financial statements. Engeron had
00:23 previously found the defendants liable for fraud at the start of the trial, which was then held to
00:26 determine penalties. The ruling could impose fines and restrictions on Trump's business based on the
00:31 fraud allegations. For all things money visit Benzinga.com
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