{"id":140863,"date":"2024-02-17T11:11:54","date_gmt":"2024-02-17T05:41:54","guid":{"rendered":"https:\/\/digpu.com\/?p=140863"},"modified":"2024-02-17T11:12:21","modified_gmt":"2024-02-17T05:42:21","slug":"trump-slapped-with-354-9-million-fine-banned-from-ny-business-for-3-years","status":"publish","type":"post","link":"https:\/\/digpu.com\/world-news\/trump-slapped-with-354-9-million-fine-banned-from-ny-business-for-3-years","title":{"rendered":"Trump Slapped with $354.9 Million Fine, Banned from NY Business for 3 Years"},"content":{"rendered":"\n

New York: <\/strong>In a significant blow to former President Donald Trump’s real estate empire, a New York judge has ordered him to pay a staggering $354.9 million in penalties for fraudulent practices. The ruling, handed down by Justice Arthur Engoron, comes as a result of Trump’s alleged overstatement of his net worth to deceive lenders, marking another legal setback for the embattled ex-president.<\/p>\n\n\n\n

Engoron’s ruling also includes a three-year ban on Trump<\/a> from serving as an officer or director of any New York corporation, further limiting his involvement in the state’s business landscape. The decision stems from a civil case brought forward by New York Attorney General Letitia James, accusing Trump and his family businesses of inflating his net worth by as much as $3.6 billion annually over a decade to secure better loan terms from banks.<\/p>\n\n\n\n

Despite Trump’s vehement denial of any wrongdoing, Engoron’s scathing critique of Trump’s behavior during the trial, including his refusal to answer questions directly and his penchant for veering off-topic, severely undermined his credibility in the eyes of the court.<\/p>\n\n\n\n

The trial, which spanned over three months in Manhattan, witnessed Trump’s occasional theatrics as he used the courtroom as a platform for political grandstanding, accusing his adversaries of orchestrating a politically motivated witch hunt against him.<\/p>\n\n\n\n

However, Engoron’s ruling stands as a stark reminder of the legal jeopardy Trump<\/a> faces, not only in this civil fraud case but also in several other criminal proceedings, including charges related to hush money payments made to a porn actress and his efforts to overturn the 2020 election results.<\/p>\n\n\n\n

Trump’s<\/a> legal team has vowed to appeal the decision, labelling it a “manifest injustice” and decrying it as the culmination of a politically driven campaign against him. Yet, with mounting legal challenges and a growing list of legal troubles, Trump’s future remains uncertain, casting a shadow over his aspirations for a political comeback.<\/p>\n","protected":false},"excerpt":{"rendered":"

New York: In a significant blow to former President Donald Trump’s real estate empire, a New York judge has ordered him to pay a staggering $354.9 million in penalties for fraudulent practices. The ruling, handed down by Justice Arthur Engoron, comes as a result of Trump’s alleged overstatement of his net worth to deceive lenders, …<\/p>\n","protected":false},"author":224779,"featured_media":140864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19929,39429],"tags":[271,270,18916],"_links":{"self":[{"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/posts\/140863"}],"collection":[{"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/users\/224779"}],"replies":[{"embeddable":true,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/comments?post=140863"}],"version-history":[{"count":2,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/posts\/140863\/revisions"}],"predecessor-version":[{"id":140866,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/posts\/140863\/revisions\/140866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/media\/140864"}],"wp:attachment":[{"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/media?parent=140863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/categories?post=140863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digpu.com\/wp-json\/wp\/v2\/tags?post=140863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}