It’s not as if fraud is murder, fraud is just stealing from people, with a cunning lie that fools the credulous for long enough to get their money. Fraud may not be shooting somebody to death on Fifth Avenue, but it’s bad nonetheless.
It’s not as though these fraud allegations against the Trump Organization are anything new. Fraud is a big part of his lifelong business model and an integral part of Trump’s classy, gold-plated, exclusive brand.
Right before the Electoral College selected him as the president of the United States in 2016, Donald Trump agreed to pay the State of New York $25,000,000 (twenty-five million dollars) to settle, with no admission of wrongdoing, a case brought on behalf of defrauded former students of hugely profitable Trump University which also agreed to shut down 
It’s not like his fraudulent charitable Trump Foundation was closed because of fraud, it just happened that a few million dollars of the money Trump raised for the charity were spent by the Trump family in a legally improper way, and his charitable Foundation was forced to empty its bank account and donate all the funds to actual charities. The Trump Foundation, now bankrupt, was closed down as well. New York Attorney General Letitia James summarizes:
“Not only has the Trump Foundation shut down for its misconduct, but the president has been forced to pay $2 million for misusing charitable funds for his own political gain. Charities are not a means to an end, which is why these damages speak to the president’s abuse of power and represent a victory for not-for-profits that follow the law.” 
These pain in the ass witch-hunting DA’s and AG’s are a big part of the reason Trump retired to DeathSantis’s hospitably fascistic Florida.
Deflating the value of assets that you used, in their inflated form, for purposes of obtaining maximum loans and social status, and lowered for purposes of evading taxes … is that fraud? It would sure seem to be. Why this fraud is the subject of a very likely civil action by the NYS Attorney General (rather than a criminal one) is hard to grasp, at least without two minutes of diligent research on DuckDuckGo or Ecosia. Which wearieth me too much at the moment, tapping away, eyes agoggle, on this tiny but very, very smart phone, but feel free to drop a comment below if you do.