Trump Made a Fortune Inflating His Assets, NY Tells Court

October 03, 2023

Trump, 77, sat at the defense table in the Manhattan courtroom flanked by a team of lawyers. James claims that Trump and his company used false asset valuations to inflate his wealth by billions of dollars a year from 2011 to 2021. Engoron scheduled the New York trial to last until Dec. 22. The Trump Organization is made up of some 500 entities, and the scope and impact of Engoron’s order remain unclear. The case is New York v. Trump, 452564/2022, New York State Supreme Court (Manhattan).