Trump fined $364 million in fraud case ...Middle East

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Trump fined $364 million in fraud case
Likely Republican Presidential candidate Donald Trump will have to write another big check after he lost a civil fraud case in New York. A judge fined him $364 million and barred him from running any business in the state for three years.During the three-month trial he was accused of inflating asset values in order to get better terms on loans.“In order to borrow more and at lower rates, defendants submitted blatantly false financial data to the accountants, resulting in fraudulent financial statements,” presiding judge Arthur Engoron wrote. “When confronted at trial with the statements, defendants’ fact and expert witnesses simply denied reality, and defendants failed to accept responsi

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