Trump to pay $478m, barred from NY business for three years, fraud case judge rules

  • 📰 straits_times
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 69%

Business News News

Business Business Latest News,Business Business Headlines

The judge said he will appoint an independent monitor and compliance director to oversee Trump’s businesses.

Trump was accused of overstating his net worth by as much US$3.6 billion a year over a decade to fool bankers into giving him better loan terms.

Justice Engoron cancelled his prior ruling from September ordering the “dissolution” of companies that control pillars of Trump’s real estate empire, saying on Feb 16 that this was no longer necessary because he is appointing an independent monitor and compliance director to oversee Trump’s businesses.accused Trump and his family businesses of overstating his net worth by as much US$3.6 billion a year over a decade to fool bankers into giving him better loan terms.

He used his occasional court appearances as impromptu campaign stops, delivering incendiary remarks to reporters and insisting his enemies are using the courts to prevent him from retaking the White House.set a March 25 trial date

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines