"Donald Trump Faces $355M Payment and NY Business Ban in Civil Fraud Case"

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Source: New York Post
"Donald Trump Faces $355M Payment and NY Business Ban in Civil Fraud Case"
Photo: New York Post
TL;DR Summary

A New York judge has ordered former President Donald Trump to pay $355 million and barred him from doing business in the state for inflating his net worth by billions to deceive banks and insurers over a decade. Trump's two eldest sons were also banned from New York business and ordered to pay $4 million each. The judge found that Trump exaggerated the value of assets like Mar-a-Lago and Trump Tower on financial filings, and the defendants were ordered to pay a total of $364 million. Trump's lawyer called the ruling a "manifest injustice" and expressed confidence in overturning it on appeal.

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