Five key takeaways from Donald Trump’s financial fraud case ruling

New York judge ruled the ex-president had inflated the value of his assets and ordered a cancellation of business certificates

A New York judge ruled Tuesday that Donald Trump committed financial fraud by overstating the value of his assets to broker deals and obtain financing.

The ruling is an acceleration of the case the New York attorney general Letitia James has been building against Trump since 2019, that the former president fudged financial statements and inflated his net worth up to $2.2bn more than the actual figure.