Donald Trump’s Properties Could Be Auctioned Off: What Does It Mean for the Former President?

Donald Trump’s real estate empire could be about to crumble after a New York judge ruled that the former president committed fraud. In a bombshell decision, Judge Arthur Engoron found that Trump had inflated the value of his assets by billions of dollars in order to deceive banks and lenders. The judge’s ruling is a major victory for New York Attorney General Letitia James, who has been investigating Trump’s business practices for several years. James’ lawsuit alleges that Trump and his company, the Trump Organization, engaged in a “massive scheme of fraud and deception“ by misrepresenting the value of Trump’s assets in order to obtain loans and insurance coverage. As a result of the judge’s ruling, Trump’s properties could now be liquidated and sold off at auction to satisfy any judgments that are entered against him in the lawsuit. This could include some of Trump’s most prized assets, such as Trump Tower in New York City and Mar-a-Lago in Florida.