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Jun 24, 2025  |  
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Mallory Wilson


NextImg:Trump attacks judges and prosecutors for ruling that he committed fraud in New York

Former President Donald Trump called judges and prosecutors “corrupt” and “highly political” Tuesday after a New York court ruled that he and his family business had committed fraud by inflating his net worth.

“It is a terrible reminder that the Radical Left Democrats will stop at nothing in trying to prevent me, and the American people, from winning the 2024 presidential election,” Mr. Trump wrote in one of multiple statements he posted on Truth Social. “Regardless of Party, we cannot let this happen in the United States of America!”

In a civil lawsuit brought by New York Attorney General Letitia James, a state judge found that the former president and his company misled banks, insurers and others by exaggerating his net worth to get larger loans and better insurance rates.

Judge Arthur Engoron also ruled that some of Mr. Trump’s business licenses be rescinded and that he would have an independent monitor watch the operations of the Trump Organization.

“I am worth much more than the numbers shown on my financial statements. I didn’t even include my most valuable asset, my brand,” Judge Engoron wrote. “The banks were paid back in full, sometimes early, there were no defaults, the banks made money, were represented by the best law firms, & were very ‘happy.’ There were no victims.”

In a nonjury trial starting early next month, Ms. James will seek $250 million in penalties and to ban Mr. Trump from doing business in New York.

In his statements, Mr. Trump called for “help from the highest Courts in New York State, or the Federal System, to intercede” because his “civil rights have been violated.”

• Mallory Wilson can be reached at mwilson@washingtontimes.com.