A POLITICIZED, GROSSLY UNFAIR LAWSUIT AGAINST TRUMP. Former President Donald Trump testified Monday at the trial of the lawsuit, filed by New York Attorney General Letitia James, alleging that Trump inflated the values of his real estate properties to receive lower interest rates on loans. It's important to note that Trump has already lost the case. The judge, Arthur Engoron, weeks ago pronounced Trump guilty of the actions alleged, and what is going on now in court is the penalty phase, in which Engoron will decide whether to confiscate Trump's business empire.