Penalty for Donald Trump News Fraud Trial Will BeNet Worth More Than $450 Million
Sat Feb 17, 2024 1:41 pm
“Learn about the significant financial consequences awaiting Donald Trump as he faces trial for news fraud, with penalties exceeding $450 million.”
The outcome of Donald J. Trump’s civil fraud lawsuit may require him to spend all of his money. The former president’s “complete lack of contrition” was described by the judge as almost pathological.
In his civil fraud case, a New York judge on Friday dealt a crushing blow to Donald J. Trump, ruling that the former president was guilty of plotting to manipulate his net worth and imposing a fine of about $355 million, plus interest, which may completely deplete his financial reserves.
Justice Arthur F. Engoron’s ruling ends a tumultuous, multi-year legal proceeding in which the attorney general of New York tried Mr. Trump’s ludicrous claims to wealth. Without a jury, Justice Engoron had all the authority, and he used it well: the court
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The outcome of Donald J. Trump’s civil fraud lawsuit may require him to spend all of his money. The former president’s “complete lack of contrition” was described by the judge as almost pathological.
In his civil fraud case, a New York judge on Friday dealt a crushing blow to Donald J. Trump, ruling that the former president was guilty of plotting to manipulate his net worth and imposing a fine of about $355 million, plus interest, which may completely deplete his financial reserves.
Justice Arthur F. Engoron’s ruling ends a tumultuous, multi-year legal proceeding in which the attorney general of New York tried Mr. Trump’s ludicrous claims to wealth. Without a jury, Justice Engoron had all the authority, and he used it well: the court
read more
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