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

Jaishankar Due in UK, Ireland

During the visit, EAM will be holding discussions with his counterpart, Foreign Secretary David Lammy and will meet several other dignitaries External Affairs Minister S. Jaishankar will embark on an official visit

No Local Polls Before Nationals, Says Bangladesh EC

In recent weeks, BNP, Jamaat-e-Islami, and LDA have separately urged the Election Commission to hold national elections this year…reports Asian Lite News Bangladesh’s Election Commission has ruled out holding local elections before
Go toTop

Don't Miss

Trump names Marco Rubio as top US diplomat

Rubio expressed his gratitude and commitment to the role…reports Asian

Trump won’t testify in Stormy Daniels case

The Manhattan District Attorney’s office reportedly informed Trump last week