Trump Faces Devastating Ruling Following Fraud Trial, Resulting from Damaging Testimony and Admissions

Trump admits using inflated property values for loans, faces potential loss of businesses and fines in hundreds of millions, as daughter Ivanka's testimony concludes New York fraud trial.

Donald Trump faces a potentially devastating ruling following a fraud trial in New York, wherein the former president admitted to inflating property values to obtain favorable bank loans and tax breaks.
Ivanka Trump, former president's daughter, testified in the civil fraud trial, revealing potentially key evidence against her father, including admitting issues securing a deal with Deutsche Bank due to inadequate net worth.
The court has already ruled that Trump committed fraud through years of misrepresenting his property values; the penalty will now be decided by the court and may include fines amounting to hundreds of millions of dollars and being banned from conducting business in New York.
In an unexpected twist, a previous lawsuit involving a one-time Marvel Entertainment CEO may impact the trial, as emails from Ivanka Trump to her husband, which were routed through a company server, were admitted as evidence in the fraud case.
Other fallout from the trial includes the defeat of Trump-backed candidates in several elections, including the gubernatorial race in Kentucky, indicating potentially waning influence of Trump in GOP election results.