A New York judge orders former President Trump to pay over $355 million in a civil fraud case, impacting his future business activities in the state.
In a landmark decision, a New York judge ruled in a civil fraud case against former President Donald Trump, ordering him and executives at the Trump Organization to pay over $355 million. The ruling by Justice Arthur F. Engoron of New York State Supreme Court marks a significant setback for Trump, affecting his financial liabilities and business operations. This ruling has serious implications for Trump's legal and financial standing, raising questions about his past business practices. Trump has vowed to appeal the ruling, but the verdict represents a substantial legal blow to him.
This judgment stems from allegations of fraudulent business practices by Trump and his organization, with the court holding them accountable for misleading information and deceptive conduct. The ruling imposes a hefty financial penalty on Trump, signaling the seriousness of the civil fraud accusations against him. Despite the potential for appeals and legal challenges, the judge's decision underscores the legal consequences Trump faces for his actions while in office and in the private sector.
The case has drawn widespread attention and scrutiny, highlighting the complex legal battles Trump continues to face even after leaving the presidency. Judge Engoron's ruling not only holds Trump financially responsible but also bars him from conducting business in New York for three years. This restriction adds another layer of complexity to Trump's future endeavors and raises concerns about the broader implications for his business empire.
Overall, the $355 million judgment against Trump showcases the legal repercussions of his past actions and underscores the accountability individuals in positions of power hold. The ruling serves as a warning to those engaging in fraudulent practices and sets a precedent for the consequences faced by high-profile figures when found guilty of financial misconduct.
NEW YORK – New York Attorney General Letitia James today released the following statement after Justice Arthur F. Engoron of New York State Supreme Court ...
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The judge's ruling bars former President Donald Trump from conducting business in New York for three years. Trump has vowed to appeal.
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Former President Donald Trump speaks at his Mar-a-Lago estate, February 16, 2024, in Palm Beach, Florida. Rebecca Blackwell/AP.
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