Sean Rayford/Getty Images (NEW YORK) -- Former President Donald Trump submitted "fraudulent valuations" for assets that were then used by himself, his eldest sons and his business to obtain better loan and insurance terms, a judge in New York decided Tuesday before ordering the cancelation of the company's business certificates in New York. The judge's determination came as he granted partial summary judgment in New York Attorney General Letitia James' multimillion-dollar civil fraud lawsuit. Judge Arthur Engoron cites "false and misleading square footage" of Trump's Fifth Avenue apartment among other faulty valuations.

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