Read the full civil fraud trial ruling imposing penalty of over $350 million against Trump – PBS NewsHour
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NEW YORK (AP) — A New York judge ruled Friday against Donald Trump, imposing a $364 million penalty over what the judge ruled was a yearslong scheme to dupe banks and others with financial statements that inflated the former president’s wealth.
Trump also was barred from serving as an officer or director of any New York corporation for three years.
Judge Arthur Engoron issued his decision after a 2½-month trial that saw the Republican presidential front-runner bristling under oath that he was the victim of a rigged legal system.
The stiff penalty was a victory for New York Attorney General Letitia James, a Democrat, who sued Trump over what she said was not just harmless bragging but years of deceptive practices as he built the multinational collection of skyscrapers, golf courses and other properties that catapulted him to wealth, fame and the White House.
Trump’s lawyers had said even before the verdict that they would appeal.
Read the full report by clicking the document below.
Left: FILE PHOTO: Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. Photo by Brendan McDermid/Pool/Reuters
By Michael R. Sisak, Jake Offenhartz, Jennifer Peltz, Associated Press
By Kate Brumback, Alanna Durkin Richer, Eric Tucker, Associated Press
By Jill Colvin, Adriana Gomez Licon, Associated Press
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Politics Feb 15
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