Donald Trump fraud verdict: $364 mn penalty in New York civil fraud case | World News – Business Standard ...Middle East

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Donald Trump fraud verdict: $364 mn penalty in New York civil fraud case | World News – Business Standard
A New York judge has ruled against Donald Trump, imposing a USD 364 million penalty over what the judge ruled was a yearslong scheme to dupe banks and others with financial statements that inflated the former president’s wealth. Trump also was barred from serving as an officer or director of any New York corporation for three years. Judge Arthur Engoron issued his decision after a two-and-a-half-month trial that saw the Republican presidential front-runner bristling under oath that he was the victim of a rigged legal system. The stiff penalty was a victory for New York Attorney General Letitia James, a Democrat, who sued Trump over what she said was not just harmless bragging b

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