Trump ordered to pay over $350 million for business fraud

Source: Politico | February 16, 2024 | Erica Orden

The penalty caps a three-month trial in a lawsuit brought by New York Attorney General Tish James.

NEW YORK — The judge overseeing Donald Trump’s civil fraud trial issued him a $354.8 million penalty Friday, finding that for years Trump orchestrated massive business fraud by falsely inflating his net worth to obtain favorable rates from banks and insurers.

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