Trump ordered to pay nearly $355M for fraudulent business practices in New York

Former U.S. President Donald Trump and his lawyers Christopher Kise and Alina Habba attend the closing arguments in the Trump Organization civil fraud trial on Jan. 11 in New York City.Former U.S. President Donald Trump and his lawyers Christopher Kise and Alina Habba attend the closing arguments in the Trump Organization civil fraud trial on Jan. 11 in New York City.

Trump himself called the decision a"Complete and Total SHAM" and repeated his accusation that the justice system overall is politically biased against him."This is a tremendous victory for this state, this nation, and for everyone who believes that we all must play by the same rules — even former presidents," the state attorney general said in a statement.The judge also decided to limit Trump and his co-defendants' ability to do business in the Empire State.

"This Court is not constituted to judge morality; it is constituted to find facts and apply the law. In this particular case, in applying the law to the facts, the Court intends to protect the integrity of the financial marketplace and, thus, the public as a whole," Engoron wrote. Documents shown during trial ranged from spreadsheets to signed financial statements. In one example, the attorney general's legal team showed that Trump's triplex in his eponymously named Manhattan building was marked as being almost 11,000 square feet in 1994 and later as 30,000 square feet. AThe former president and three of his children, Donald Jr.

Source: News Formal (newsformal.com)

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