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

Palestinians Seek Help to End Israeli Siege 

The Palestinian Ministry of National Economy: “We remind the entire world that Israel is refusing to allow the entry of basic health and humanitarian needs, especially water, electricity, and food, to the

GOP Targets Chinese Student Visas in New Bill

For weeks, US Rep. Riley Moore has sounded the alarm over alleged CCP exploitation of the US student visa program….reports Asian Lite News House Republicans are pushing legislation to ban Chinese nationals

Pak, Iran Crack Down on Afghan Refugees

Most of those affected are in Islamabad and Rawalpindi, where authorities have intensified pressure on Afghan nationals to leave….reports Asian Lite News As forced deportation and illegal detention of Afghan refugees continues,

Congo and M23 rebel group to hold peace talks 

Rwanda-backed rebels take more towns as they expand control after seizing east Congo’s largest city The government of Congo will hold peace talks next week in Angola with the Rwanda-backed M23 rebel
Go toTop

Don't Miss

Zelenskyy Pins Hopes On Trump Presidency

President Zelenskyy his belief that the conflict could end sooner

New York judge partially lifts gag order on Trump

The partial lifting of the order comes just days before