Donald Trump and his sons have been found guilty of fraud in New York. A judge named Arthur Engoron made this decision. He said that the Trumps gave false financial statements for about ten years. Because of this ruling, the Trump Organization’s business certification has been cancelled. This happened right before the civil case between the New York attorney general’s office and the former president was supposed to go to trial.
Fraud is when someone deceives or tricks others for personal gain. In this case, the Trumps provided false financial statements, which means they lied about their money to make themselves look better.
It’s important because it shows that even powerful people can be held accountable for their actions. The law applies to everyone, no matter who they are. Fraud is a serious crime, and those who commit it should face the consequences.
Now that the Trumps have been found guilty of fraud, they may have to pay fines or face other penalties. The cancellation of the Trump Organization’s business certification means that their business may suffer. It’s also possible that this ruling could have an impact on other legal cases involving Donald Trump and his family.