>Engoron ruled last week that the former president was liable for defrauding insurers and banks by inflating his property values, which would have lowered his insurance costs and given him better loan terms.
President Trump:
Because this judge ruling was "that the former president was liable for defrauding insurers and banks by inflating his property values". He is admitting that he is suing on behalf of the "insurers and banks", it is not the "People of NY" which is their DA's original claim to open and try a case pursuant of NYS law 63 12.
A misrepresentation is a false or misleading statement or a material omission which renders other statements misleading, with intent to deceive. Misrepresentation is one the elements of common law fraud,
Notable
Judge misrepresents "The people of NY" by opening and trying a case and then ruling all on behalf of the "insurers and banks". Further proof of fraud to win restitution and financial awards.