Manhattan Supreme Court Justice Arthur Engoron has ruled that former President Donald Trump must pay $350 million dollars — and limit his doing business in New York — after finding Friday that he inflated his net worth by billion over the course of many years.
From The New York Post:
The ruling from Manhattan Supreme Court Justice Arthur Engoron, if it withstands an inevitable appeal, could cause Trump, 77, to be stripped of control over Midtown’s Trump Tower and his other iconic New York properties.
Engoron’s decision capped a three-month civil trial that put a dent in Trump’s carefully groomed image as a mogul who grew his father’s company into one of the world’s most famous real estate brands before entering politics.
It also delivered a fresh financial blow to the 2024 Republican presidential frontrunner just weeks after he was slapped with an $83.3 million jury verdict in a defamation damages case in Manhattan federal court.
This story is developing…
Donald Trump ordered to pay more than $350M in NY civil fraud case https://t.co/Lj5duCWHtl pic.twitter.com/YzVItAQQBR
— New York Post (@nypost) February 16, 2024
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