Trump and associates ordered to pay $364 million in civil business fraud case

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Trump and his associates were found liable by a New York judge on Friday for decades of business fraud, ordering him to pay $370 million in penalties.

court on Friday for committing decades of business fraud through his real estate empire, the Trump Organization, and a court ordered them to pay roughly $364 million in penalties.ordered Trump and his companies to pay millions of dollars to the state, while his adult children and other associates under the Trump Organization were ordered to pay additional fees in the millions.

, a Democrat, alleging that Trump, his two adult sons, and two Trump Organization executives committed business fraud through years of false statements aimed at securing more favorable loans and other financial terms. James accused them of doing this in part by exaggerating the value of some of Trump’s most prized assets, such as the Trump Tower in Manhattan.

Two of Trump’s attorneys who handled the case, Chris Kise and Alina Habba, slammed the decision on Friday, with Kise likening the ruling to “corporate ‘death penalty.'”

 

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