The judge overseeing the civil fraud case in New York against former President Donald Trump and the Trump Organization has issued his long-awaited ruling, five weeks after the trial in the case concluded. Judge Arthur Engoron ordered Trump and his company to pay $354 million in fines, bars them from seeking loans from financial institutions in New York for a period of three years, and includes a three-year ban on Trump serving as an officer or director of any New York corporation.
New York Attorney General Letitia James brought the civil suit in 2022, seeking a penalty that grew to $370 million and asking the judge to bar Trump from doing business in the state. Judge Engoron had already ruled in September that Trump and the other defendants were liable for fraud, based on the evidence presented through pretrial filings.
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