All posts tagged: politics.The fraud trial

Donald Trump’s ‘Fraudulent Ways’ Cost Him 5 Million

Donald Trump’s ‘Fraudulent Ways’ Cost Him $355 Million

Justice Arthur Engoron’s ruling is not fatal for Trump’s business empire, but it might be a near-death experience. Jabin Botsford / The Washington Post / Bloomberg / Getty February 16, 2024, 5:21 PM ET A New York judge fined Donald Trump $355 million today, finding “overwhelming evidence” that he and his lieutenants at the Trump Organization made false statements “with the intent to defraud.” Justice Arthur Engoron’s ruling in the civil fraud case is not fatal for Trump’s business empire, but it might be a near-death experience. The fine fell just short of the $370 million that New York Attorney General Letitia James sought. Engoron also declined to cancel the Trump Organization’s licenses to practice, as he had suggested he might last year. But he barred Trump from serving as an officer of any New York company for three years, and his sons for two. Engoron also ruled that a court-appointed monitor would continue to oversee the company for at least three years. David A. Graham: It’s just fraud all the way down “This Court …