"Trump's Civil Fraud Trial: Implications for Finances and Business Exodus"

In a major blow to Donald Trump, a judge has ruled that he and his organization must pay nearly $355m in fines for fraudulently misrepresenting their assets to obtain loans, with Trump's sons and former CFO also facing heavy fines. Trump has been barred from doing business in New York for three years, while his organization will continue to exist under strict oversight. The ruling also includes the appointment of an independent monitor to keep the company in check, and the judge criticized the Trump Organization's business practices as "sloppy."