Former US President Donald Trump (US Former President Donald Trump) has been found guilty of contempt of court by a New York judge. He is accused of traveling to New York (New York) has failed to adequately respond to summons issued by the Attorney General as part of an investigation into his business dealings. Judge Arthur Angoron (State Judge Arthur Engoron) has ordered Trump to pay a fine of 10 thousand dollars per day. “Mr. Trump, I know you take your business seriously and I take my work seriously,” Angoron said in a Manhattan courtroom before the bench delivered the verdict.
The court gave its verdict in this case on Monday and Trump has started being fined from Tuesday. Attorney General Laetia James needed papers in the 2019 investigation into Trump’s misrepresentation of assets for financial gain. In his written order, Angoron said James’ office had said Trump had disobeyed a valid court order and that the former president would be fined daily. He said that if there is a similar delay in the future, then the Attorney General’s office will take action on the reasons related to it.
Alleged misrepresentation of property value
Angoron said that evidence has already been found before the investigation. In which it has been found that other properties including golf club and penthouse apartment have not been properly valued. ‘Every day was passing without following orders,’ he said. Talking about Donald Trump, he was the 45th President of America. His four-year tenure has been full of controversies. Trump has also said in this matter that he did nothing wrong. He has called the investigation against him politically motivated. At the same time, Attorney General Laetisia James is from the Democratic Party.
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Trump didn’t meet deadline
Trump’s lawyer Alina Habba did not immediately comment on the matter. After Monday’s hearing, he said Trump would appeal. Trump has also faced failure in the case of canceling the order to appear in court before. He had also failed to produce the documents in the court by the March 3 deadline. After this, on the request of his lawyers, the deadline was extended till March 31. Earlier, James had said that the investigation has found necessary evidence against Trump’s organization. In which the financial statements have misinterpreted the value of the asset for more than a decade. The Attorney General says that in some cases the value of the property is said to be high enough to get the loan on good terms, while in some cases their value has been understated to get tax benefits.
