Appellate Judge Refuses To Freeze Trump Civil Case Fine But Lifts Ban On Trump Seeking Loans And Running Business
New York Trial Court Justice Arthur Engoron ordered Trump to pay $355 million and another $100 million in interest for supposedly defrauding someone. I guess the banks, even though the banks defended Trump.Trump has to post a bond in the full amount “to stop enforcement of the judgment” while he appeals.
Lawyers for Trump, a billionaire and Republican presidential front-runner famously boastful about the size of his wealth, acknowledged he lacks the liquidity to cover the judgment. They said he might have to unload his prized real estate in a fire sale without judicial intervention. What do I mean? Well, in 2023 alone, James spent over $28,500 on hotels. Over $15,000 of that was spent on luxury hotels in Puerto Rico.
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Judge orders Trump and his companies to pay $355-million in New York civil fraud caseFormer president won’t have to pay out the money immediately as an appeals process plays out, but the verdict still is a stunning setback
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Donald Trump must pay US$354.9M, barred from N.Y. business for 3 years, judge rulesDonald Trump must pay US$354.9 million in penalties for fraudulently overstating his net worth to dupe lenders, a New York judge ruled on Friday, handing the former U.S. president another legal setback in a civil case that imperils his real estate empire.
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