"Trump Counters NY's $370M Civil Fraud Penalty Demand with Call for Compensation"

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Source: The Associated Press
"Trump Counters NY's $370M Civil Fraud Penalty Demand with Call for Compensation"
Photo: The Associated Press
TL;DR Summary

New York state lawyers are seeking over $370 million in penalties from Donald Trump in a civil business fraud trial, a significant increase from the pretrial figure. Trump, who is facing multiple legal challenges, has dismissed the case as a political attack and denies any wrongdoing. The state alleges Trump inflated his net worth to banks and insurers, while Trump's defense argues there was no victim or damages and that financial statements were understood as starting points for analysis. The verdict, which will be decided by a judge without a jury, is expected by the end of the month.

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