Donald Trump “repeatedly” misrepresented his wealth – by up to $3.6bn (£3bn) – to banks and insurers, a New York judge has ruled.

The decision resolves a key claim made by New York’s attorney general in her civil lawsuit against the former president.

“The documents here clearly contain fraudulent valuations that defendants used in business,” the judge wrote.

He ordered the company to cancel its New York business certificates.

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