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Trump’s business empire could collapse ‘like falling dominoes’ after ruling

Trump is effectively ‘out of business’ in New York, Michael Cohen says, after judge rules business fortune built on rampant fraud

US politics – live updates

Donald Trump’s real estate empire could collapse “like falling dominoes”, experts believe, following a New York judge’s ruling that the former president’s business fortune was built on rampant fraud and blatant lies.

According to Michael Cohen, his former attorney and fixer, Trump is already effectively “out of business” in New York after Judge Arthur Engoron on Tuesday rescinded the licenses of the Trump Organization and other companies owned by Trump and his adult sons, Eric and Don Jr.

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