A New York judge has reached a verdict in former President Donald Trump’s monthslong civil business fraud trial.The judge ruled against Trump, imposing a $364 million penalty in the fraud case. He also barred Eric Trump and Donald Trump Jr. from serving as an officer or director of any New York corporation for two years.Trump has denied wrongdoing and his lawyers have said they’ll appeal if Engoron rules against him.
And Trump valued Mar-a-Lago as a single residence, though he had signed away rights to develop it as anything but a club.In making her case against Trump, Letitia James called to the stand a lending expert who estimated that Deutsche Bank gave up $168 million in extra interest on its Trump loans, basing his calculations as if Trump never offered a personal guarantee.But Trump did offer a guarantee, even if his estimate of his personal wealth was exaggerated.
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