Trump Loses Bid to Delay New York Civil Fraud Trial
In a recent development, a New York Appeals Court has denied former President Donald Trump’s request to delay a civil fraud trial, placing his business empire at risk, Excel Magazine International can report.
The decision clears the path for the trial, slated to commence next Monday, where Trump and his three adult children are expected to testify.
This follows a ruling by New York Judge Arthur Engoron, who earlier in the week found Trump liable for business fraud.
The New York Attorney General, Letitia James, alleged that Trump and his two adult sons, along with the Trump Organization, inflated property values by over $2 billion to benefit their business.
Judge Engoron’s Tuesday ruling, affirming fraud claims, sets the stage for a trial focusing on six remaining fraud allegations and determining potential penalties. Ms. James seeks a $250 million fine and a ban on Trump’s business activities in New York.
The trial, scheduled to last up to three months, will be a bench trial decided by Judge Engoron, who issued a ruling restricting Trump’s business activities in New York.
The Trump Organization may be compelled to relinquish control of properties or sell landmarks.
Trump’s legal team, seeking clarity on affected properties, awaits the judge’s response. This setback adds to Trump’s legal challenges, including criminal charges related to election interference and handling classified documents.
Meanwhile, in a separate development, a London court has scheduled a trial for next month in Trump’s lawsuit against former British intelligence officer Christopher Steele and Orbis Business Intelligence.
Steele authored the controversial “Steele dossier,” linking Trump’s 2016 campaign to the Russian government.
