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| Name | Trump liable for $354.9M in civil fraud case, New York judge rules |
| Video Uploader | Video From Global News |
| Upload Date | This Video Uploaded At 16-02-2024 22:01:18 |
| Video Discription | Former U.S. president Donald Trump, his adult sons and his New York business entities were fined a total of US$364 million on Friday, over what the judge ruled was a years-long scheme to fraudulently inflate the value of their assets to secure favourable loans from banks. Trump will also be barred from serving as an officer or director of any New York state corporation or applying for loans from New York financial institutions for three years. His sons Donald Trump Jr. and Eric Trump, who co-run the Trump Organization, will be barred from New York businesses for two years, Judge Arthur Engoron ruled. But the ruling also saw Engoron back away from a prior decision that would have dissolved the former U.S. president’s companies in the state. Instead, he said his appointment of a pair of independent financial overseers makes the cancellation of Trump’s business licenses “no longer necessary.” Global's Reggie Cecchini reports. For more info, please go to https://globalnews.ca/news/10299317/trump-ny-civil-fraud-trial-verdict/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #DonaldTrump #USnews |
| Category | News & Politics |
| Tags | global news | donald trump | donald trump jr | eric trump | trump trial | donald trump sued | donald trump civil fraud | civil fraud casde | trump fraud | donald trump fraud | trump fraud ruling | Reggie Cecchini | trump organization | donald trump new york | us news | court ruling | trump court ruling | Judge Arthur Engoron |
