OAN’s Sophia Flores
12:14 PM – Friday, February 16, 2024
Judge Arthur Engoron heard deliberations and made his final say in the New York courtroom, declaring that 45th President Donald J. Trump is liable, an expected decision by the liberal judge.
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The Friday verdict revealed that Trump has to pay $354.9 million in the civil fraud trail. Additionally, his organization is banned from conducting business in New York for two years.
This trial was initiated by New York Attorney General Letitia James. James accused Trump, his two adult sons, Eric and Donald Trump Jr., and his top executives of inflating the Trump organization’s net worth in order to gain financial perks, such as better loans from banks.
When James first sued Trump in the fall of 2022, she asked the judge to penalize Trump $250 million for “inflating his net worth in order to retain better loans.” Her number later rose to $370 million in January, as she believed that throughout the trial, “he gained all of his money unlawfully.”
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