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By Ben Whedon, Just the News
02-16-24
Judge Arthur Engoron ordered former President Donald Trump to pay roughly $355 million as part of a civil fraud case brought by New York Attorney General Letitia James.
James had alleged that Trump manipulated the value of his assets to secure favorable loan terms and lower insurance premiums. She had sought $370 million in penalties and an order barring Trump from serving as an officer in any New York corporation.
Engoron’s order obliged her on the latter point and barred Trump from doing so for three years, though he did not dissolve the Trump Organization. He further imposed $4 million fines on Trump’s two eldest sons, Donald Jr. and Eric.
Engoron full ruling in Trump civil fraud case
Trump attorney Alina Habba called the verdict the “a manifest injustice – plain and simple. It is the culmination of a multi-year, politically fueled witch hunt that was designed to ‘take down Donald Trump,’ before Letitia James ever stepped foot into the Attorney General’s office. Countless hours of testimony proved that there was no wrongdoing, no crime, and no victim.”
Read the full article here: Judge orders Trump to pay more than $350 million in civil fraud case | Just The News
