Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
This Donald Trump legal blow might have been even worse than anyone realized! If you missed it — or didn’t follow what the heck was going on, like us — here’s the recap… In the ongoing civil case against the Trump Organization — in which New York is suing Trump and his businesses for $250 million — a judge has ruled on the facts of the case.
And guess what? He says they are not in dispute! According to Judge Arthur Engoron, who is apparently an expert on financial cases, said that based on the “conclusive evidence” — before the trial even starts on October 2 — he is ruling Trump, as well has his sons Eric and Don Jr, committed fraud.
Per the ruling, they inflated the value of their properties to banks to get better loans and deflated the numbers to the government to pay less in taxes.
Yes, that’s against the law. Unlike claims of crowd size and weight, these lies are illegal. And we’re not talking about a little.
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