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Trump Ordered to Pay Over $350 Million in New York Civil Fraud Case.

Authors :
Gershman, Jacob
Ramey, Corinne
Fanelli, James
Source :
Wall Street Journal (Online). 2/17/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Former President Donald Trump and his business, the Trump Organization, have been ordered by a New York judge to pay over $350 million in penalties for misrepresenting Trump's wealth for financial gain. The judge also barred Trump from serving in a top role of any New York company for three years and barred his sons from holding positions as officers or directors of a New York company for two years. The case stemmed from a state probe into low-interest financing deals Trump made with lenders before his political career. Trump has denounced the case as a partisan abuse of the justice system and plans to appeal the decision. [Extracted from the article]

Details

Language :
English
ISSN :
25749579
Database :
Academic Search Index
Journal :
Wall Street Journal (Online)
Publication Type :
News
Accession number :
175482309