World
Could Trump lose his business empire in New York fraud case?
Former US President Donald Trump could be banned from the real estate business in New York, a potentially devastating blow to his real estate empire that catapulted him to fame long before winning the White House.
Trump is accused of securing loans with false financial statements for several years. After a heated trial that lasted more than three months, a Manhattan court is set to announce its ruling this week.
The New York fraud case is only one of several trials heating up against Trump even as he inched closer to securing the Republican presidential nomination following his decisive victory in the Iowa caucus and New Hampshire primary earlier this month.
Here’s what we know about this civil case and how it might affect Trump’s presidential campaign:
What’s the case about?
New York Attorney General Letitia James brought the civil lawsuit against the former president, The Trump Organization, and top officials at the business on September 21, 2023 – although an inquiry into the former president’s business dealings had been ongoing for about three years prior.
In the filing, James accused Trump and officials at The Trump Organization – including his children, Ivanka, Eric and Donald Jr – of “knowingly and intentionally” creating over 200 overly-inflated financial evaluations between 2011 and 2021 that helped the company secure favourable loans from banks and insurance companies to the tune of $250m.
Those actions violated the antifraud New York Executive Law, James wrote in her suit, seeking a $250m penalty against Trump.
Senior Trump Organization executives Allen Weisselberg and Jeffrey Mcconney were also named as defendants, alongside companies and entities belonging to Trump such as 40 Wall Street, a skyscraper in Manhattan’s financial district. Trump’s sons Donald Trump Jr and Eric Trump are co-defendants in the case.
What did the judge say about Trump?
In a summary judgment on September 27, 2023, that essentially resolved the key claims in the suit, presiding Judge Arthur Engoron of the Manhattan Supreme Court ruled that Trump had committed years of fraud by massively inflating his real estate worth to lenders. His Mar-a-Lago estate, for example, was found to be inflated to about 2,300 percent of its actual price in one statement.
Judge Engoron dissolved some companies belonging to the former president and also ordered to revoke the business licence of The Trump Organization, and appointed an independent monitor to oversee the company.
Trump has denied wrongdoing and appealed the initial ruling. An appeal court in October temporarily halted the business dissolution part of the ruling. Trump’s lawyers argued some 1,000 employees could be affected. James’s team said it was willing to pause enforcement pending a final decision.
In the charged follow-up trial to decide other claims in the attorney general’s lawsuit, Trump’s lawyers asked for the suit to be thrown out, arguing that it was politically motivated; that his accountants carried the blame for false financial statements; and that no particular individuals or entities had been hurt by said statements.
Could this affect Trump’s political campaign?
Trump’s presidential campaign has played on the civil suit – and the myriad of legal challenges that the Republican frontrunner faces, ahead of the presidential elections in November.
The former president has appeared at court cases he is not legally required to attend, making impassioned speeches to rally his supporters behind opponents trying to block his re-election, targeting not just him but his supporters too.
He has also used those court appearances to lash out at state officials. Trump accused James, the New York attorney general, of targeting him for political reasons, calling her a “political hack” who won her post because she promised to go after him.
Despite the judge’s refusal, Trump spoke in court at the closing of the fraud trials on January 11, saying that the case was a “fraud on me”.
“We have a situation where I’m an innocent man, I’ve been persecuted by someone running for office,” Trump said, referring to James, a Democrat who attempted to run for New York governor in the 2022 elections but later dropped out. “They want to make sure that I don’t win again,” he added.
Throughout the three-month trial, Trump spoke insultingly of the judge to his supporters, saying Engoron was a biased “Trump hater.” He also attacked Allison Greenfield, Engoron’s law clerk, on his social media platform Truth Social, saying she was “politically biased and out of control”.
Judge Engoron slapped a gag order on the former president and later fined him $15,000 for breaching it.
Could Trump face criminal penalties?
Civil cases like this usually result in monetary penalties and bans called injunctions, as opposed to criminal cases that often end up in jail time.
James, in her suit against Trump, had recommended punishment: for the former president and his children to be stripped of their leadership roles at The Trump Organization, and for Trump and the business to be barred from any real estate buys in New York for the next five years.
Additionally, the attorney general recommended that Trump and The Trump Organization be forbidden from accessing any loans for five years and that independent monitors and trustees be appointed for The Trump Organization.
As Judge Engoron’s final ruling looms, it will likely complement his previous decisions that some of Trump’s companies have their licences revoked, some be dissolved and others be monitored independently.
World
Electric bikes can be fast and dangerous. Here’s how to stay safe
SIOUX FALLS, S.D. (AP) — The 14-year-old was riding an electric bicycle at an estimated 25 mph when he slammed into Janet Stotko during her evening walk, leaving her unconscious and bleeding on a sidewalk in her Minnesota neighborhood.
The 2024 crash nearly killed Stotko, who was raced to a hospital with severe brain injuries, a facial fracture and broken eardrum. But after being on a ventilator for two days, spending three weeks in the hospital and enduring brain surgery, she survived, surprising even her doctors.
At a checkup, she said, her doctors told her, “Wow, we can’t believe you’re here.”
Now, she’s pushing for stricter laws regulating e-bikes in hopes that others won’t be hurt.
E-bikes offer a convenient, eco-friendly and cost-effective alternative to cars, but their increasing use is drawing safety concerns. A study by the University of California, San Francisco found that rider injuries from e-bikes nearly doubled each year from 2017 to 2022, and a University of California, San Diego study showed injuries in San Diego among e-bike riders under 18 soared 300% from 2019 to 2023.
Under federal law, most e-bikes are considered nonmotorized vehicles just like traditional bicycles, so riders don’t need a driver’s license or insurance and they don’t have to wear a helmet. But many states have more stringent rules, and regulations vary widely.
Health experts have called for new laws and better enforcement of existing regulations, and officials in many places are taking action.
Here’s what e-bikers should know to keep themselves and people around them safe.
This article is part of AP’s Be Well coverage, focusing on wellness, fitness, diet and mental health. Read more Be Well.
Not all e-bikes are the same
Many states have adopted a three-tier classification of e-bikes: Class 1 have motors that kick in while riders pedal with maximum speeds of 20 mph; Class 2 have throttles that reach the 20 mph maximum without pedaling; and Class 3 provide pedal-assist up to 28 mph.
There are faster versions available, sometimes called e-motos, that can reach 40 mph even without pedaling. Many states treat these bikes like motorcycles, so they’re not allowed on sidewalks or paths, but in some states there are no specific rules for the ultra-fast bikes.
As John Maa, a general surgeon at MarinHealth Medical Center in Northern California, notes, it’s basic math that increased speeds lead to increased injuries.
“It’s Newton’s principles, right? Force equals mass times acceleration, and also kinetic energy is mass times velocity squared,” Maa said.
Learn where you can and can’t ride
Speed limits, helmet requirements and other rules for e-bikes are changing rapidly, and what’s legal in one city or state might be illegal in the next.
New York City imposed a speed limit of 15 mph on all electric bikes in October, and Florida lawmakers recently sent the governor a bill limiting e-bike speeds to 10 mph within 50 feet of pedestrians. In Connecticut, an October law requires all e-bike riders to wear a helmet, and bikes without pedals equipped with batteries over 750 watts will require a driver’s license.
“We were not only hearing from manufacturers and riders, but we were hearing from concerned citizens trying to share the road with these new electric bikes and e-scooters, and also law enforcement who really needed some clear policies set into place,” said Christine Cohen, the Connecticut state senator behind the legislation.
Know your bike
The market is full of vehicles that blur the line between a traditional e-bike and something closer to a motorcycle, and manufacturers don’t always make the distinction easy to spot.
To understand a bike’s capabilities and where it can be legally ridden, check its top speed, motor wattage, and whether it requires pedaling or operates on throttle alone. Anything outside the three-class classification could be subject to motor vehicle regulations, making it illegal to ride on some shared-use paths where slower e-bikes are allowed.
“The first thing we always tell people is familiarize yourself, read the manual, look at some videos, look at your specific model,” said Charles DiMaggio, an injury public health researcher and professor at New York University’s medical school.
Going to a local bike shop instead of buying online can help, enabling riders to ask questions, take a test ride and learn what’s legal and what isn’t.
Follow traditional bike safety measures
Hospitals and medical groups like the American College of Surgeons and American Association of Neurological Surgeons have called for stricter policies and offered safety tips.
Above all, they stress wearing a helmet. Other tips include riding defensively around cars, using front and rear lights, wearing reflective vests in the dark, and avoiding biking under the influence of drugs or alcohol. Experts also recommend against altering an e-bike to make it faster.
Maa added that e-bike riders should consider wearing a motorcycle helmet that covers the neck to protect against spinal injuries. He also advises parents to make sure their children can comfortably ride a pedal bike before they graduate to e-bikes.
“Make sure they’re comfortable, they understand the rules of the road, they’re able to navigate turns, understand the flow of traffic, the use of bicycle lanes,” Maa said.
Minnesota victim wants accountability
After she was injured, Stotko told the city council in her community of Hastings, Minnesota, about her crash to push for a stricter ordinance. The city agreed, reducing maximum e-bike speeds to 15 mph on city trails, prohibiting e-bikes on sidewalks and imposing penalties.
City police issued a citation to the 14-year-old rider for operating an e-bike underage, but no one was charged for the injury to Stotko.
“It’s really about taking accountability and ownership of owning an e-bike and operating one,” she said.
World
Zelenskyy offers cutting-edge drone defense to Gulf allies as Ukraine seeks missile support
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Ukrainian President Volodymyr Zelenskyy is turning battlefield innovation into bargaining power, offering Ukraine’s anti-drone systems to Middle Eastern allies, while seeking more air-defense support as the war with Russia drags into its fourth year.
Zelenskyy met Friday in Abu Dhabi with United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan, and the two discussed an agreement by which Ukraine would provide its cutting-edge counter-drone technology in exchange for ballistic missile support and financial aid.
In a wide-ranging interview with Fox News after the meeting, Zelenskyy detailed how Ukraine’s battlefield innovations, namely its anti-Russian drone systems, are influencing defense partnerships worldwide.
ZELENSKYY ANNOUNCES NEXT ROUND OF TALKS WITH US, RUSSIA AS UKRAINE AIMS FOR ‘REAL AND DIGNIFIED END TO THE WAR
In a wide-ranging interview with Fox News, Ukrainian President Volodymyr Zelenskyy detailed how Ukraine’s battlefield innovations are influencing defense partnerships worldwide. (Fox News)
“We have, for example, drone interceptors. We have [a] system of electronic warfare and a lot of things. All these jointly work in one system. This is what we have [that] nobody has,” Zelenskyy told Fox News correspondent Matt Finn in Abu Dhabi.
Ukraine is now sharing elements of that system with at least four Persian Gulf nations — the UAE, Qatar, Jordan and Saudi Arabia — as they confront growing threats from Iran’s drone capabilities.
But Zelenskyy emphasized the partnership must be reciprocal. Ukraine continues to face a “big deficit” of critical air defense weapons, particularly PAC-3 Patriot missiles used to intercept ballistic threats.
“We are ready to help Middle East countries with our expertise and with our knowledge, and we hope … that they can help with anti-ballistic missiles,” Zelenskyy said.
Ukraine has already signed 10-year defense agreements with Saudi Arabia and Qatar, with a similar deal with the UAE expected soon, according to the AP.
TRUMP MEETS WITH ZELENSKYY; TALKS COULD UNLOCK FIRST ZELENSKYY-PUTIN CALL IN FIVE YEARS: SOURCE
A plume of smoke rises from the site of a strike in Tehran early on March 28, 2026. (Atta Kenare/AFP via Getty Images)
Zelenskyy also warned that increasing U.S. military focus on the Middle East amid escalating tensions with Iran and the ongoing “Operation Epic Fury” could slow the flow of weapons to Ukraine.
He claimed Russia is already strengthening Iran’s military by sharing drone technology, including Shahed “kamikaze” drones, as well as battlefield tactics developed during the war.
“Russia will share all they know about this war. … They’re already sharing with Iranians,” Zelenskyy said.
While he stopped short of confirming missile transfers, Zelenskyy suggested Moscow has a strategic interest in prolonging instability in the Middle East to divert U.S. attention away from Ukraine.
“This is what they do,” Zelenskyy said.
On the battlefield, Zelenskyy reiterated that Ukraine will not cede territory in the contested Donbas region, arguing it would weaken defenses, damage troop morale and displace tens of thousands of civilians.
“I think their morale will decrease,” Zelenskyy said.
He also urged the Trump administration not to lose sight of Ukraine while addressing Middle East tensions.
AS UKRAINE WAR DRAGS ON, TRUMP HITS PUTIN BY SQUEEZING RUSSIA’S PROXIES
Destroyed homes after a Russian drone attack March 28 in Odesa, Ukraine. (Viacheslav Onyshchenko/Global Images Ukraine via Getty Images)
More than 270 Russian drones struck Ukraine overnight Friday, leaving at least five people dead, Ukrainian officials said Saturday, according to AP.
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“I hope that President Trump … will find a way to end this war with pressure on the Iranian regime, and I hope that also they will not forget about … the war of Russia against Ukraine,” Zelenskyy said.
The Associated Press contributed to this report.
World
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