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Verdict in Trump Civil Fraud Case Anticipated by Mid-February

The anticipated verdict in the civil fraud case against Donald Trump has now been delayed until mid-February.

This case could significantly impact Trump’s business empire and his political future.

Verdict Delayed

Credit: Oskaloosa, Iowa – July 25, 2015: Donald Trump make America great again rally. — Photo by sgtphoto

The $370 million civil fraud verdict against Donald Trump will not be issued until early to mid-February.

This announcement came from a court spokesperson.

Justice Engoron’s Timeline

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Justice Arthur Engoron, who led the three-month trial, initially aimed to rule by the end of January.

However, he made no firm promises regarding this deadline.

Potential Impact

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The ruling holds the potential to affect Trump’s business operations severely.

Trump is concurrently seeking the Republican nomination for the next U.S. election.

The Lawsuit’s Allegations

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New York Attorney General Letitia James accuses Trump and his businesses of significantly inflating his net worth.

The inflation was allegedly done to secure favorable loan terms.

Trump’s Defense

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Trump vehemently denies the accusations, labeling the lawsuit a political vendetta.

He attributes the legal action to James, identifying her as an elected Democrat with a bias.

The Judge’s Preliminary Ruling

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In September, Engoron found that Trump had engaged in fraudulent activities.

This led to a partial dissolution of Trump’s business empire, a decision Trump is appealing.

Closing Arguments

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Closing arguments in the trial were delivered on January 11.

Engoron expressed his intention to issue a ruling by the end of January.

Tensions in Court

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During the trial, Trump directly challenged Engoron’s impartiality.

He accused the judge of having an agenda and being unable to listen.

Legal Counsel Reprimanded

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In a heated exchange, Engoron instructed Trump’s lawyer to control his client.

This moment highlighted the trial’s contentious atmosphere.

Broad Implications

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James’s lawsuit seeks monetary penalties and aims to ban Trump from New York’s real estate industry.

She also wants to limit his business activities in the state.

Business and Politics Collide

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The outcome of this case could intertwine Trump’s legal challenges with his electoral aspirations.

The delay in the verdict adds uncertainty to both domains.

Trump’s Reaction

Credit: Louisville, Kentucky March 20, 2017 President Donald J. Trump addresses a crowd at a rally inside Freedom Hall in Louisville, Kentucky, on March 20, 2017. — Photo by jctabb

Trump’s response in court underscores his combative approach to legal challenges.

He publicly disputes the court’s fairness and the motivations behind the lawsuit.

Appeal in Progress

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Trump is actively appealing Engoron’s preliminary ruling.

This appeal is part of his effort to counteract the lawsuit’s implications.

Financial Allegations Detailed

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The lawsuit alleges a decade-long practice of overstatement in Trump’s financial disclosures.

This practice was purportedly aimed at securing loans on better terms.

Political Vendetta Claimed

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Trump maintains that the lawsuit is baseless and politically motivated.

He argues that it’s an attempt by his political adversaries to damage his reputation and business.

Read More From The Stock Dork

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