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

India Hits $1 Trillion FDI Milestone

Between April 2014 and September 2024, India attracted USD 709 billion in FDI, accounting for 69% of the total inflows since 2000. India has reached a remarkable economic milestone, with Foreign Direct

Maha Kumbh 2025: Festivities Begin

Women participated in a special Ganga Aarti at the Triveni Sangam in Uttar Pradesh’s Prayagraj earlier. The ritual also served as a rehearsal for the upcoming Kumbh Mela. The festivities for Maha
Go toTop

Don't Miss

Trump Shot At In Failed Assassination Attempt

Trump said he was shot with a bullet that pierced

Trump Organization faces criminal tax fraud trial over perks

If convicted, the Trump Organization could be fined more than