The decision ensures that Trump committed the crime while he was building the real estate empire that brought him fame and then the White House.

According to the ruling, considered a harsh legal setback for the magnate ex-president, from now on he will have difficulties or will be unable to do business in New York and, in addition, will have an independent auditor supervising the operations of the Trump Organization.

Although the verdict does not imply the dissolution of the company, it could cause the Trump Organization to lose control of some of its most iconic properties and its main source of business, such as the well-known tower that bears the name of the former ruler.

The conclusion announced the day before responded to a civil lawsuit filed by New York Attorney General Letitia James.

According to Judge Arthur Engoron, President 45 and his empire, the Trump Organization, deceived banks, insurers and other entities by massively overstating its assets and exaggerating their net worth in the documentation used to close deals and obtain financing.

The ruling indicated that James presented conclusive evidence that the former president and his co-defendants overvalued their assets by between $812 and $2.2 billion between 2014 and 2021.

Despite studying the possibility, the Manhattan prosecutor’s office declined to file a criminal case (yet another) against Trump.

The former occupant of the White House, who seeks to return to the position in the Oval Office, is involved in multiple legal entanglements and pending lawsuits, but paradoxically he is the Republican candidate who has the lead in the fight for the party’s nomination ahead of the elections of November 2024.

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