February 16, 2024
1 min read

Trump Ordered to Pay $355M in New York Civil Fraud Case

Donald Trump and his lawyers repeatedly clashed with the judge both inside and outside the courtroom.

 A New York judge has ordered Donald Trump to pay a fine of nearly $355 million in a civil fraud case.

The bombshell ruling from Justice Arthur Engoron came on Friday after a civil trial in New York that was filled with drama, the BBC reported.

Trump and his lawyers repeatedly clashed with the judge both inside and outside the courtroom.

The former US President has also been banned from doing business in New York for the next three years.

The ruling stems from fraudulent business practices used by the Trump Organization to secure favourable loans.

Trump and his two sons — Donald Trump Jr and Eric Trump — were found to have massively inflated the value of their properties by hundreds of millions of dollars to get better loans, the British news broadcaster reported.

Trump Jr and Eric Trump have been fined $4 million each. They have been also banned from doing business in New York for the next two years.

Trump’s team said that they will appeal the ruling, which the Trump Organization called a “gross miscarriage of justice”.

ALSO READ: Trump to face first criminal trial on March 25 in New York

Previous Story

Blinken, Wang Yi Meet in Munich, Discuss Taiwan, Ukraine

Next Story

India, Canada Discuss ‘Present State’ of Ties in Munich

Latest from -Top News

Canada, US back in trade war?

U.S. President Donald Trump said that all ongoing trade talks with Canada will be terminated, with new tariffs possibly on the horizon. Canadian Prime Minister Mark Carney has described trade negotiations with

Supreme Court curbs judges’ powers to block Trump

The US Supreme Court has ruled that federal district judges do not have the authority to issue nationwide injunctions against President Donald Trump’s executive order targeting birthright citizenship, handing the administration a

Rubio to host Quad partners in Washington

The July 1 meeting comes amid growing complexity in intra-Quad relations….reports Asian Lite News The United States will host a high-level Quad Foreign Ministers Meeting on July 1 in Washington, D.C., as
Go toTop

Don't Miss

Harris Says No to Trump’s Suggestion

The Harris campaign offered an affirmation of their stand to

Trump is Not Above Law, Say Prosecutors

Trump’s legal team had recently requested U.S. District Judge Tanya