Judge Arthur Engoron has ruled that Donald Trump must pay $355 millions in penalties and forbade him from conducting business in the state of New York for 3 years.
With interest, the total payment will be around $100 million more than that, and his sons were fined $4 million, and forbidden from conducting business in New York for 2 years.
A New York judge on Friday handed Donald J. Trump a crushing defeat in his civil fraud case, finding the former president liable for conspiring to manipulate his net worth and ordering him to pay a penalty of nearly $355 million plus interest that could wipe out his entire stockpile of cash.
The decision by Justice Arthur F. Engoron caps a chaotic, yearslong case in which New York’s attorney general put Mr. Trump’s fantastical claims of wealth on trial. With no jury, the power was in Justice Engoron’s hands alone, and he came down hard: The judge delivered a sweeping array of punishments that threatens the former president’s business empire as he simultaneously contends with four criminal prosecutions and seeks to regain the White House.
Justice Engoron barred Mr. Trump for three years from serving in top roles at any New York company, including portions of his own Trump Organization. He also imposed a two-year ban on the former president’s adult sons and ordered that they pay more than $4 million each. One of them, Eric Trump, is the company’s de facto chief executive, and the ruling throws into doubt whether any member of the family can run the business in the near term.
The judge also ordered that they pay substantial interest, pushing the penalty for the former president to $450 million, according to the attorney general, Letitia James.
Daughter Ivanka was not involved in the case as she bailed on the Trump Org in 2016 to hurt and cheat people in more creative ways in the Trump campaign, and later the White House.
Also, the monitor the judge appointed will have their term extended and their authority increased.
I am amused, and grateful for the Dragonball Z meme generator.
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