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Donald Trump verdict: $364 million penalty in NY civil fraud case; business dealings restricted

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The judge's decision in former President Donald Trump's civil fraud trial in New York is expected to be released Friday. CBS New York's Alice Gainer reports.

NEW YORK — A New York judge ruled Friday against Donald Trump, imposing a $364 million penalty over what the judge ruled was a yearslong scheme to dupe banks and others with financial statements that inflated the former president’s wealth.

Judge Arthur Engoron issued his decision after a 2½-month trial that saw the Republican presidential front-runner bristling under oath that he was the victim of a rigged legal system. By making himself seem richer, Trump qualified for better loan terms, saved on interest and was able to complete projects he might otherwise not have finished, state lawyers said.

Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts On Thursday, a judge confirmed Trump’s hush-money trial will start on March 25 and a judge in Atlanta heard arguments on whether to remove Fulton County District Attorney Fani Willis from his Georgia election interference case because she had a personal relationship with a special prosecutor she hired.

 

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Judge rules Donald Trump owes over $350M in New York civil fraud trial, issues business banFormer president Donald Trump and his companies must pay $354.8 million for fraudulent business practices and will be banned from the New York real estate business for three years.
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Judge orders Trump and his company to pay $354 million in New York civil fraud caseThe judge's ruling bars former President Donald Trump from conducting business in New York for three years. Trump has vowed to appeal.
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