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Published 2 months ago

Trump avoids 'corporate death penalty,' but his business will still get slammed

  • Donald Trump and his companies were ordered to pay $355 million in penalties for fraudulent financial practices in New York.
  • Trump is prohibited from serving as an officer or director in any New York corporation for three years. His sons are also barred from similar positions.
  • As a result, Trump's finances will be heavily affected, impacting his ability to take out loans and control his businesses in New York.
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