Manhattan judge

Arthur Engoron

announced the appointment of an external auditor for

Donald Trump

's real estate empire , thereby limiting the ability of the former president's organization to freely conduct operations, sell its assets and change the structure. corporate.

Judge Engoron presides over the

prosecution

in which New York Attorney General

Letitia James

argues that Trump and his organization over the years have misled banks and other institutions regarding the value of the company's assets, including land to be golf and hotels bearing the name of the former president

Attorney James argues that the

Trump Organization is continuing to engage in its

fraudulent

behavior

and has taken action to circumvent potential punishments resulting from the prosecution.

Judge Engoron, in his

11-page

order , prohibited the Trump Organization from selling or transferring any real estate assets without providing the court and the Attorney's Office with 14 days' notice.

The external controller, who must be appointed, must ensure that the company complies with the order and immediately report any

violations

to the court and legal representatives of both parties.

The Trump Organization will also have to ensure full accessibility to its internal accounts, the judge ordered.

A

slap

in the face to Donald Trump and his three adult children.

The former president's empire is thus placed under guardianship.

The judge justified the decision with the "

persistent

misrepresentation of all financial statements between 2012 and 2021" and the need to "ensure that there is no further fraud or illegality

violating

" New York laws while it is underway. the civil case.

The Trump Organization is accused of banking and insurance fraud for inflating asset values.