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a ruling allowing the case to move forward

The presiding judge in the civil fraud lawsuit against ex-President Donald Trump and the Trump Organization in New York has made a decision to proceed with the case.his long-awaited ruling

Five weeks later.

The trial for the case has ended.. 

The judge, Arthur Engoron, has ruled that Trump and his company must pay a fine of $354 million. This amount increases to $453.5 million when pre-judgment interest is taken into account. Additionally, they are not allowed to obtain loans from financial institutions in New York for three years and Trump is prohibited from holding a position as an officer or director of any New York corporation for the same duration.

Further sanctions were imposed on Eric and Donald Trump Jr., the sons of Trump who hold positions as executives at the organization, as well as on two ex-executives, Allen Weisselberg and Jeffrey McConney.

brought the civil suit in 2022, seeking a 

The fine increased to $370 million.

Requesting that the judge prohibit Trump from conducting business within the state.

Judge Engoron previously decided that Trump and the co-defendants were already found to be guilty in September.liable for fraud

Based on the information provided in pretrial documents.

the value of their assets

The judge mostly upheld James’ claims that Trump and his colleagues at his company had exaggerated the worth of their assets.

Assessments of his real estate holdings

The state claims that the defendant deceived banks and insurers for ten years, leading to a loss of hundreds of millions of dollars and falsely inflating his wealth by billions through a deliberate scheme.

Trump and his legal team long expected a defeat, with the former president decrying the case as “rigged” and a “sham” and his lawyers laying the groundwork for an appeal before the decision was even issued. He is expected to appeal.

Please refer to Judge Engoron’s ruling here.

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