Former US president, Trump found guilty of committing $3.6bn fraud

Former President of the United States, Donald Trump has been found guilty of committing N2.8 trillion ($3.6bn) fraud.

Trump and his family business were found liable for fraud on Tuesday, September 26, 2023, by a New York state court in Manhattan.

Justice Arthur Engoron, of the court, ruled that repeatedly misrepresented his wealth by up to $3.6bn (about N2.8trillion) to banks and insurers.

The decision resolves a key claim made by New Yorks attorney general in her civil lawsuit against the former president.

The judge wrote: The documents here clearly contain fraudulent valuations that defendants used in business.

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