Trump Organization monitor flags errors and financial misstatements ahead of ruling in fraud case

The report was issued at the request of Judge Arthur Engoron to summarize the 14 months of the Trump Organization's independent monitorship.

The Trump Organization has cooperated with its independent monitor but risks putting out inaccurate financial statements, according to a report issued on Friday by a court-appointed monitor.

The report comes ahead of an expected ruling in a $370 million civil trial involving former President Donald Trump's company.

Trump, his sons Eric Trump and Donald Trump Jr., and other top Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used "numerous acts of fraud and misrepresentation" to inflate Trump's net worth in order get more favorable loan terms. The judge overseeing the case already found the defendants liable for using false documents to do business. The former president has denied all wrongdoing in the case.

The report – issued at the request of Judge Arthur Engoron to summarize the 14 months of the Trump Organization's court-appointed monitorship – found that the company has been cooperative, implemented some changes, and issued necessary corrections to financial statements. However, based on her review of over 3000 documents, retired judge Barbara Jones identified that the Trump Organization often provided documents "lacking in completeness and timeliness."