Trump Ordered to Pay $355M for Fraud Business Practices in New York

EXPLORAPHONES.COM EXPLORAPHONES.COM Written by Reananda Hidayat Permono Completed Master of Science - MS, Petroleum Geology from Curtin University, Perth, Australia. Written by Reananda Hidayat Permono Completed Master of Science - MS, Petroleum Geology from Curtin University, Perth, Australia.

A New York judge ordered executives at the Trump Organization and former President Donald Trump to pay over $364 million in a civil fraud case.

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It’s a win for New York Attorney General Letitia James who sued Trump after her three-year investigation. On Friday, Judge Arthur Engoron orders Trump to pay almost $355 million.

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Eric Trump and Donald Trump Jr., his two sons and co-defendants, are each liable for $4 million. Besides, a former Trump Organization executive Allen Weisselberg is liable for $1 million.

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According to the attorney general’s office, the total is even higher with interest, more than $450 million overall.

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Engoron wrote in the court filing, “They are accused of inflating asset values to make more money.” In an emailed statement, Trump called the decision a “Complete and Total SHAM.”

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However, James declared that “justice has been served.” There are some additional consequences for Trump, though.

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The judge decided to limit Trump and co-defendants’ ability to do business in the Empire State.

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They are prohibited from serving as a director or officer of any New York business or apply loans for three years. Moreover, his sons are limited from similar leadership roles for two years.

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Interestingly, the decision comes crucial time for Trump as he is the front-runner for the Republican presidential nomination.

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Trump Ordered to Pay $355M for Fraud Business Practices in New York

Trump Ordered to Pay $355M for Fraud Business Practices in New York

A New York judge ordered executives at the Trump Organization and former President Donald Trump to pay over $364 million in a civil fraud case.

A New York judge ordered executives at the Trump Organization and former President Donald Trump to pay over $364 million in a civil fraud case.

It’s a win for New York Attorney General Letitia James who sued Trump after her three-year investigation. On Friday, Judge Arthur Engoron orders Trump to pay almost $355 million.

It’s a win for New York Attorney General Letitia James who sued Trump after her three-year investigation. On Friday, Judge Arthur Engoron orders Trump to pay almost $355 million.

Eric Trump and Donald Trump Jr., his two sons and co-defendants, are each liable for $4 million. Besides, a former Trump Organization executive Allen Weisselberg is liable for $1 million.

Eric Trump and Donald Trump Jr., his two sons and co-defendants, are each liable for $4 million. Besides, a former Trump Organization executive Allen Weisselberg is liable for $1 million.

According to the attorney general’s office, the total is even higher with interest, more than $450 million overall.

According to the attorney general’s office, the total is even higher with interest, more than $450 million overall.

Engoron wrote in the court filing, “They are accused of inflating asset values to make more money.” In an emailed statement, Trump called the decision a “Complete and Total SHAM.”

Engoron wrote in the court filing, “They are accused of inflating asset values to make more money.” In an emailed statement, Trump called the decision a “Complete and Total SHAM.”

However, James declared that “justice has been served.” There are some additional consequences for Trump, though.

However, James declared that “justice has been served.” There are some additional consequences for Trump, though.

The judge decided to limit Trump and co-defendants’ ability to do business in the Empire State.

The judge decided to limit Trump and co-defendants’ ability to do business in the Empire State.

They are prohibited from serving as a director or officer of any New York business or apply loans for three years. Moreover, his sons are limited from similar leadership roles for two years.

They are prohibited from serving as a director or officer of any New York business or apply loans for three years. Moreover, his sons are limited from similar leadership roles for two years.

Interestingly, the decision comes crucial time for Trump as he is the front-runner for the Republican presidential nomination.

Interestingly, the decision comes crucial time for Trump as he is the front-runner for the Republican presidential nomination.

Designed by Alexander Rabu

Designed by Alexander Rabu