Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Hegseth in a meeting with his Chinese counterpart: Washington will continue to defend its interests vigorously
US Defense Secretary Pete Hegseth: The United States is concerned about China's activities in the South China Sea
Occupied Palestine: Israeli occupation forces demolishe residential homes east of Khan Younis city in the southern Gaza Strip
Al Mayadeen correspondent: An Israeli drone attacked the main road in the town of Harouf, South Lebanon.
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border

Donald Trump's civil fraud trial opens; business empire at risk

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Oct 2023 08:44
3 Min Read

Trump has expressed his intention to attend the trial scheduled to begin on Monday.

  • x
  • trump
    Former President Donald Trump reacts to supporters during a commit to caucus rally, Sunday, Oct. 1, 2023, in Ottumwa, Iowa. (AP/Charlie Neibergall)

Donald Trump faces a new legal challenge as a civil fraud trial against him and his two sons commences in New York. This trial puts the former President's business empire at risk while he campaigns for a return to the White House amid four other pending criminal cases.

Judge Arthur Engoron has already ruled that Trump and his sons committed fraud by overvaluing the Trump Organization's assets.

Trump has expressed his intention to attend the trial, scheduled to begin on Monday.

"I'm going to Court tomorrow morning to fight for my name and reputation," Trump wrote on his Truth Social platform. "This whole case is a sham!!!" 

In addition to this civil case, Trump also faces several major criminal proceedings in the months ahead.

He is scheduled to appear before a federal judge in Washington on March 4, where he faces charges related to attempting to overturn the 2020 presidential election.

Afterward, Trump will face criminal hush money charges in a New York state court, and he is also accused of mishandling classified documents in a Florida federal court following his departure from office.

Additionally, he will confront state charges in Georgia, where prosecutors accuse him of unlawfully attempting to influence the 2020 election results in his favor.

Related News

After long delay, Hakeem Jeffries endorses Mamdani for NYC mayor

Mamdani, Cuomo, and Sliwa trade barbs in fiery New York mayoral debate

Read more: Trump turned classified documents into 'to-do lists', former aide says

In the New York civil case, Judge Engoron determined that Donald Trump, his two eldest sons, and other Trump Organization executives were involved in a scheme where they provided false information to tax collectors, lenders, and insurers.

This scheme inflated the value of their properties by an estimated $812 million to $2.2 billion between 2014 and 2021.

Consequently, the judge took the significant step of revoking the business licenses that allowed the Trump Organization to operate certain properties in New York.

This legal pressure could potentially lead to Trump losing control over some of his company's flagship properties, including the iconic Trump Tower on 5th Avenue in Manhattan. 

New York Attorney General Letitia James, a Democrat, has alleged that Donald Trump's own apartment in his Manhattan building, Trump Tower, was fraudulently overvalued and listed as three times larger than its actual size.

Additionally, another Manhattan property, located at 40 Wall Street, was allegedly overvalued by an amount ranging from $200 million to $300 million in financial disclosures.

Furthermore, James' complaint includes Trump's luxury Mar-a-Lago resort in Florida, which was the site of the classified documents controversy, as well as several other Trump Organization golf clubs.

In total, she is seeking $250 million in penalties and aims to remove Trump and his sons from their positions in the management of the family's business empire.

Read more: Trump vows to tackle homelessness, confront tech giants if re-elected

  • New York
  • new charges
  • Trump
  • fraud
  • Donald Trump

Most Read

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025
Sheikh Naim Qassem speaks during an interview with Al-Manar TV, October 26, 2025 (Screenshot)

Hezbollah ready to face 'Israel' in case of war: Sheikh Naim Qassem

  • Politics
  • 27 Oct 2025

Coverage

All
War on Gaza

Read Next

All
ap
Politics

Hamas calls on int’l community to act against Israeli settlement plan

In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. (AP)
Economy

Ex-US diplomat says Trump-Xi deal 'tactical retreat', not lasting deal

An unarmed Minuteman II intercontinental ballistic missile launches from Vandenberg Air Force Base, California, during a test in 2002. (US Air Force)
Politics

JD Vance defends Trump's nuclear test plan as 'crucial for security'

Ultra-Orthodox Jews attend the "million man" protest against military conscription, in occupied al-Quds, October 30, 2025 (AFP)
Politics

Haredi mass rally in al-Quds exposes Zionist regime's growing crisis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS