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Judge Rules Trump Committed Fraud in Real Estate Empire’s Rise

NNPA NEWSWIRE — New York Judge Arthur Engoron’s ruling, rendered during the summary judgment phase of the case, addresses the central allegation in James’ lawsuit. However, six other claims still await resolution, with Engoron scheduled to preside over a non-jury trial beginning on October 2, during which he will determine both the merits of those claims and any potential penalties.
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By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia

In a decision reverberating through the legal and political spheres, New York Judge Arthur Engoron ruled on Tuesday that former President Donald Trump engaged in fraudulent activities for years during the ascent of his real estate empire.

Letitia James, the attorney general of New York, filed a civil lawsuit against the Trump Organization, and the jury found that Trump and his company orchestrated a widespread scheme to deceive financial institutions, insurers, and other stakeholders of millions of dollars. The deception involved inflating the value of assets and exaggerating Trump’s net worth on official documents, which were instrumental in securing financing and executing lucrative deals.

For example, in financial documents, Trump lied about the size and value of his three-story penthouse apartment in Trump Tower, claiming that it was nearly three times its actual size with a value of $327 million. Trump also lied about the value of his Mar-a-Largo estate, inflating its value by as much as 2,300%.

Judge Engoron’s ruling came just days before the commencement of the financial fraud trial brought against the president by AG James. The New York state court of appeals rejected a motion by Trump’s lawyers to delay the start of the trial, which is set for October 2. Judge Engoron will also preside over the financial fraud trial.

During the next phase, Engoron will decide on several additional key issues, including Attorney General James’ request for $250 million in penalties and a ban on Trump’s business operations in New York. Engoron has noted that the trial’s duration might extend into December.

The ruling represents a profound repudiation of Trump’s carefully curated public persona as a wealthy and astute real estate magnate who successfully transitioned into a political figure. In addition to the former president, his two eldest sons and other Trump Organization exectives’ activities were called into question.

Beyond the realm of mere self-promotion, Engoron determined that Trump, along with his company and key executives, consistently disseminated false information on their annual financial statements. According to the judge, these actions resulted in tangible benefits such as favorable loan terms and reduced insurance premiums, thereby crossing the threshold of legality. The judge dismissed Trump’s claim that a disclaimer on the financial statements absolved him of wrongdoing.

Manhattan prosecutors contemplated pursuing criminal charges for the same misconduct but ultimately opted not to, leaving Attorney General James to bring forth the civil lawsuit and seek penalties that could disrupt the Trump family’s business activities within the state.

Engoron’s ruling, rendered during the summary judgment phase of the case, addresses the central allegation in James’ lawsuit. However, six other claims still await resolution, with Engoron scheduled to preside over a non-jury trial beginning on October 2, during which he will determine both the merits of those claims and any potential penalties.

Trump’s legal team requested the dismissal of the case, a request that was denied by the judge. Their argument rested on the premise that James lacked the legal authority to initiate the lawsuit due to the absence of evidence showing harm to the public from Trump’s actions. Additionally, they argued that the statute of limitations barred a number of the lawsuit’s allegations.

“The documents here clearly contain fraudulent valuations that defendants used in business,” Engoron wrote.

Engoron’s ruling Tuesday found that Trump, his adult sons and his businesses were liable for that fraud and rescinded some of Trump’s business licenses in the state, potentially impacting many of the Trump Organization’s marquee properties.

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Youth-Led Black August Event Brings Past to Present at East Oakland Boxing Association

The mission of Youth Alive! Is to “break the cycle of violence, heal trauma, and uplift a thriving community of leaders, to save lives in Oakland and beyond” by serving “as mentors, youth leaders, counselors, case managers, intervention specialists and violence interrupters,” working “to help violently wounded people heal themselves and their community.”
The post The mission of Youth Alive! Is to “break the cycle of violence, heal trauma, and uplift a thriving community of leaders, to save lives in Oakland and beyond” by serving “as mentors, youth leaders, counselors, case managers, intervention specialists and violence interrupters,” working “to help violently wounded people heal themselves and their community.” appeared first on BlackPressUSA.

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Youth-Led Black August Event Brings Past to Present at East Oakland Boxing Association

The East Oakland Boxing Association (EOBA) and Youth Alive! came together on Aug. 21 to share with their community all that Black August means to them.

Held on EOBA’s patio at 816 98th Ave. in Deep East Oakland, the two organizations hosted their second annual Black August Experience, featuring a food tasting, financial literacy and mindfulness workshops, and voter registration with the League of Women Voters Oakland (LWV).

Black August is known as a time to uphold the legacy of prisoners who protested their conditions by fasting, fighting, and educating themselves on the economic and political circumstances that contributed to their incarceration.

According to its website, “EOBA is a multi-service youth and community development hub that goes far beyond the ring. While rooted in the discipline of boxing, for nearly 40 years EOBA has also integrated robust programs in workforce development, food justice, afterschool enrichment, financial literacy, mentorship, and wellness.”.

The mission of Youth Alive! Is to “break the cycle of violence, heal trauma, and uplift a thriving community of leaders, to save lives in Oakland and beyond” by servingas mentors, youth leaders, counselors, case managers, intervention specialists and violence interrupters,” working “to help violently wounded people heal themselves and their community.”

Through Coro California, another leadership organization serving young people across the state for 80 years, they gained a broader understanding of Black August.

EOBA Executive Director Dawna Williams spoke about how much she learned about Black August from the youth who created it. “I let them educate me,” she said. Instead of talking about prison reform and mass incarceration, Williams and youth interns found that Black August meant so much more. “We would have done a disservice if we had just focused on who the people were and what their situation was…We tried to take their message from back in the day and make it relevant to the young people today. What do they need to know?”

Youth interns created and placed posters around the patio to help participants understand how traditional Black foodways, civic engagement, financial literacy, and the power of education are relevant to Black resistance today.

An EOBA member described Black August with Youth ALIVE! as “a whole vibe. “This year we added the Fun Zone for the kids, because you really cannot go wrong with a Fun Zone. I also loved seeing everyone chillin’ in the outdoor lounge, catching some Vitamin D and just enjoying a Friday evening together.”

The food tasting, a popular event from last year, featured traditional Black foods such as black-eyed peas, johnny cakes, and fried chicken. Led by Williams, the tasting included a talk about how these traditional foods were made and why they are forms of Black resilience.

The “‘Plate of History’ was a favorite of the online writers. “Fun, educational, and did I mention delicious? Our Taste of History cook, Angela Southall, served up some good eats while connecting food to history and culture.”

The writer also commended the “League of Women Voters Oakland for their civic leadership and for getting our young people informed, ready, and registered to vote.”

Overall, it was a “good Friday event in East Oakland,” the writer said.

Upcoming Black August events: Building Opportunities for Self-Sufficiency (BOSS), will host “Black August: The Arc of Liberation” at Oakland City Hall on Sat. Aug. 29, from 11 a.m. to 3 p.m.

The websites for East Oakland Boxing Association, Youth Alive! and CORO are sources for this report.

Jana Lang is an Oakland resident, teacher, gardener and poet participating in the Propel News Initiative.

The post The mission of Youth Alive! Is to “break the cycle of violence, heal trauma, and uplift a thriving community of leaders, to save lives in Oakland and beyond” by serving “as mentors, youth leaders, counselors, case managers, intervention specialists and violence interrupters,” working “to help violently wounded people heal themselves and their community.” appeared first on BlackPressUSA.

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EV Home Charging Warning: What Dealerships Won’t Tell You! #shorts

Is your home EV charging setup ready? Dealerships may not warn you about critical outlet and circuit needs. Find out before you plug in!
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Dealerships won’t tell you: charging this big battery at home isn’t always simple. Verify your outlet capacity, circuit, and setup before assuming level one or basic outdoor outlets will suffice.

🔗 Watch the full video: https://youtu.be/A9Cd2SspoaQ

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Car Buying Secrets: Dealership Traps & How to Avoid Them #shorts

Don’t get tricked at the dealership! Learn essential car buying secrets to secure the best deal and avoid hidden traps.
The post Car Buying Secrets: Dealership Traps & How to Avoid Them #shorts appeared first on BlackPressUSA.

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Before stepping into a dealership, secure bank pre-approval for your financing rate. Then, get the out-the-door price in writing. Never discuss monthly payments until that number is fixed. Test road noise and rear visibility yourself. Decline add-ons with a simple ‘Not today’. Check backseat space with your tallest household member.

🔗 Watch the full video: https://youtu.be/maAOBjO1puY

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The post Car Buying Secrets: Dealership Traps & How to Avoid Them #shorts appeared first on BlackPressUSA.

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