Takeaways from the $355 million civil fraud ruling against Trump
- Donald Trump has been found liable for almost $355m in penalties and barred from doing business in New York for three years.
- The judge broadly sided with the argument that the Trump Organization should pay a steep price for fraudulent misrepresentation of assets to get favorable loans.
- Justice Engoron found Trump liable for fraud, conspiracy, and issued penalties totaling more than $450 million, showing no remorse and challenging the ruling.
90 Articles
90 Articles
Trump is dealt new legal blow with heavy conviction in financial fraud trial
On Friday, the former president was fined $355 million and banned from holding any corporate office or executive position for three years in the state of New York. His sons Eric and Donald Jr. were also fined.
The penalty could reach 450 million with interest. His sons Eric and Don Jr., were also convicted. The judge: 'Pathological lack of remorse'
New York Judge Orders President Trump to Pay $350 Million as Penalty for Business Fraud, With No Victim - The Last Refuge
As expected, the goofy Judge Arthur Engoron gave a ruling Friday [FULL pdf HERE] ordering President Trump to pay nearly $350 million in penalties for “business fraud.” However, without any victim and with the banks testifying on behalf of Donald Trump, who exactly is he supposed to pay? Obviously, President Trump and his lawyers are […]
Judge orders Trump to pay $355 million for lying about his wealth in staggering civil fraud ruling
A New York judge has ordered Donald Trump and his companies to pay $355 million in penalties. The judge found they engaged in a yearslong scheme to dupe banks and others with financial statements that inflated his wealth. Trump won’t…
AG James: 'Donald Trump May Have Authored The Art Of The Deal, But He Perfected The Art Of The Steal'
New York Attorney General Letitia James was full of glee on Friday as her New York Civil fraud case filed against 45th President Donald J. Trump and the Trump organization had resulted in a victory.
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