Thanks to Susan for bringing this news bit to my attention. Everyone is reporting about this. The Hill writes:
Trump ordered to pay $355M in New York fraud case
Judge Arthur Engoron’s 92-page decision came just weeks after closing arguments in the case capped a months-long trial during which Trump frequently lambasted the judge and the prosecutor who brought the case.With interest, the figure Trump and his business must pay could surpass $450 million, according to the New York attorney general’s office.
Engoron found Trump, the Trump Organization and several top executives, including his adult sons, liable for fraud before the trial began. The verdict is at the sole discretion of Engoron, because there was no jury at the trial.
The fine is some $16 million less than the $370 million the attorney general’s office asked the judge to force Trump to pay. It also blocks Trump from participating in New York business for three years.
Trump’s adult sons, Donald Trump Jr. and Eric Trump, were ordered to pay more than $4 million each, and were both barred from serving as officers or directors of any New York corporation or other legal entity for two years.
Trump lashes out after New York fraud rulingFormer President Trump lashed out against a judge’s ruling Friday banning him from running companies in New York for three years and ordering him to pay more than $350 million as part of a closely watched fraud case.
In a series of posts on his Truth Social platform after the decision, Trump railed against Judge Arthur Engoron and said there “were No Victims, No Damages, No Complaints.”
He went on to further criticize Engoron and New York Attorney General Letitia James (D) in multiple posts, saying the New York case was a “witch hunt” and that he was fined “$355 Million based on nothing other than having built a GREAT COMPANY.”
DJT will probably appeal this all the way up to the USSC.
Q: Will this help DJT more than hurt him? He's really, really pissed:
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