February 21, 2024

Trump Fined

Donald Trump must pay $354.9 million in penalties for fraudulently overstating his net worth to dupe lenders, a New York judge ruled on Friday… Justice Arthur Engoron, in a sharply worded decision issued after a contentious three-month trial in Manhattan, also banned Trump, who is running to regain the presidency this year, from serving as an officer or director of any New York corporation for three years…

“The lawsuit brought by New York Attorney General Letitia James accused Trump and his family businesses of overstating his net worth by as much [as] $3.6 billion a year over a decade to fool bankers into giving him better loan terms… Engoron, who decided the case without a jury, also barred Trump and his companies named in the suit from applying for loans from any financial institution chartered in New York for three years.” Reuters

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From the Right

The right is critical of the ruling, arguing that the fine is disproportionate.

From the Left

The left applauds the ruling, arguing that Trump must be held to account.

The left applauds the ruling, arguing that Trump must be held to account.

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