BREAKING NEWS

Trump Organization to have independent monitor, judge rules

A New York state judge on Thursday ordered that an independent monitor be appointed to oversee the Trump Organization before a civil fraud case by the state's attorney general against Donald Trump's company goes to trial.

The judge, Justice Arthur Engoron, is presiding over state Attorney General Letitia James' $250 million lawsuit accusing the former US president, his company and three of his adult children of overvaluing assets and Trump's net worth through a decade of lies to banks and insurers.

Last month, James asked the Manhattan-based judge to appoint a watchdog to halt "staggering" fraud at the company and keep the Trumps from transferring assets out of her reach.

Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy