Former President Donald Trump was at a New York City courthouse Monday for the start of a civil fraud trial against him, his eldest sons, their companies and Trump Organization executives.
Last week, a state Supreme Court judge found Trump and his co-defendants liable for fraud for grossly inflating asset valuations on financial statements. The ruling was a significant victory for New York Attorney General Letitia James, who brought a $250 million lawsuit last year alleging that Trump and his co-defendants committed repeated fraud in inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies.
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