Posted on 02/16/2024 12:11:50 PM PST by devane617
The judge who presided over a civil business fraud trial against Donald Trump and his company has issued his decision in the case.
Judge Arthur Engoron ordered the former president and the Trump Organization to pay over $364 million in damages, and bars Trump "from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years."
The judgment is the second this year against Trump after he was hit last month with an $83.3 million verdict in writer E. Jean Carroll's defamation case against him. The former president could also face four criminal trials this year as his presidential campaign barrels toward the November election, with the first set to begin in New York state court on March 25th.
New York Attorney General Letitia James had been seeking $370 million from Trump, his company and its top executives, including his sons Donald Trump Jr. and Eric Trump, alleging "repeated and persistent fraud" that included falsifying business records and financial statements. James had argued those financial statements were at times exaggerated by as much as $2.2 billion.
(Excerpt) Read more at nbcnews.com ...
He and everyone involved with this circus should be tried and hanged for treason.
It’s stupid. After he’s elected again, he can’t have anything to do with the Trump org... Just like last time. Geez...
Financial Lawfare added to the nearly 100 years Trump could be sent to jail based on all the Phoney Fani charges....
Madness.
Reminds me of the juries in ancient Greece. Often up to a thousand on the jury. When they found a man guilty they divided the fines up between themselves, so they always found the rich Guilty!
There is an article today that the owners are tearing down the massive Penn Hotel in midtown due to lack of business and the owner will build tennis courts on the site. A harbinger of things to come for the rotten Apple.
For starters, Alina Habba didn’t request a jury trial.
I wouldn't put money on that. America has turned into a 3rd world hellhole, supported by a corrupt judicial system.
The fine is so large he might not be able to appeal within the NYS system which requires appellants to put up a bond for the full amount, especially since his holdings are being artificially devalued.
It will be overturned.
Because there was no option for a jury trial.
How did the lawyers let the case get this far?
“It will be overturned.”
$$$$$$$$$$$$$$$$$$$$$$
Hopefully with some hefty retribution for those who concocted this judicial farce.
Outrageous.
“pay over $364 million in damages”
I’d like to know who gets the payment, since nobody was defrauded. The Trump organization borrowed money from a bank and paid it back.
So who exactly received damages?? Oh, right, Hillary Clinton and Roe vs Wade.
can someone describe just who was defrauded?
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