"Trump Fined $355M, Banned from NY Businesses for 3 Years in Civil Fraud Trial"

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Source: NBC News
"Trump Fined $355M, Banned from NY Businesses for 3 Years in Civil Fraud Trial"
Photo: NBC News
TL;DR Summary

A judge has fined Donald Trump and his company over $350 million in damages and barred him from running businesses in New York for three years, citing business fraud. The ruling also prohibits Trump from serving as an officer or director of any New York corporation for three years and from applying for bank loans. The judge criticized Trump and his executives for their lack of remorse and ordered the installation of an Independent Director of Compliance for the company. Trump faces multiple legal challenges, including four pending criminal trials, and plans to appeal the verdict.

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