3min chapter

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Trump vs. His First Big Fraud Verdict

Crash Course

CHAPTER

Introduction

This chapter explores the civil fraud trial of Donald Trump in New York, where state prosecutors allege that Trump inflated the value of his assets to secure bank loans and deceive insurers, while deflating the value of those assets to lower his tax bill. If found guilty, Trump could face a fine of up to $250 million and be permanently banned from doing business in New York.

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