Saturday, February 17, 2024

Donald Trump Ordered to Pay $350 Million in Fraud Case


Last year Donald Trump was found liable on fraud charges filed by New York Attorney General Letitia James [click here if you missed that]. 

Now Trump has been ordered to pay $350 million in restitution and is barred from conducting business in New York for the next three years...

Trump ordered to pay over $350M after fraud trial. The judge also barred 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.”
"Justice has been served," New York Attorney General Letitia James said in a statement today after Judge Arthur Engoron's ruling.
“For years, Donald Trump engaged in massive fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization," James said.
She added, "while he may have authored the ‘Art of the Deal,’ our case revealed that his business was based on the art of the steal."
James also lauded the ruling for "finally" making Trump face "accountability for his lying, cheating and staggering fraud."
"No matter how big, rich, or powerful you think you are, no one is above the law,” she said.

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