The legal process continues in New York, where the former president, Donald Trump, is accused of fraud.
Minna Pärssinen,
Yrjö Kokkonen
New trial of former US president Donald Trump against has started in New York.
There were originally seven charges in the process. The most important of them, the judge Arthur Engoron has given its decision last week. Engoron found Trump guilty of fraud by exaggerating the collateral values of his assets.
Now the court is investigating other charges. Has the Trump Organization falsified its accounting, made misleading statements and committed insurance fraud, for example news channel CNN.
Since it is a civil lawsuit, Trump does not face a prison sentence, but the financial and business sanctions are considerable.
Attorney General of the State of New York Letitia James demands compensation of 250 million dollars (about 240 million euros) and for Trump and his adult sons For Donald Junior and To Eric business ban in New York State.
According to James, Trump inflated the value of his assets by as much as $3.6 billion to get better loan terms and reduce his insurance premiums between 2011 and 2021.
Donald Trump himself arrived in the courtroom. He pleaded not guilty and insisted that the lawsuit was just an attempt to prevent him from re-emerging as the country’s president.
– This is the continuation of the biggest witch hunt of all time. The banks got their money, it was never unpaid. There were no problems, everything went perfectly. There was no crime. A crime is being committed against me because the district attorney has been bribed. We have a bribed chancellor, Trump shot as he left the courtroom.
The trial will last until December.