{"id":6158,"date":"2024-02-16T15:17:37","date_gmt":"2024-02-16T20:17:37","guid":{"rendered":"https:\/\/greatamericanewsdesk.com\/?p=6158"},"modified":"2024-02-16T15:22:10","modified_gmt":"2024-02-16T20:22:10","slug":"judge-delivers-ruling-in-trump-business-fraud-trial","status":"publish","type":"post","link":"https:\/\/greatamericanewsdesk.com\/featured\/judge-delivers-ruling-in-trump-business-fraud-trial\/njackson\/2024\/02\/","title":{"rendered":"Judge Delivers Ruling In Trump Business Fraud Trial"},"content":{"rendered":"\n<p>On Friday, a New York judge ordered former President Donald Trump to pay $354 million in penalties stemming from the civil fraud case against his business empire.<\/p>\n\n\n\n<p>Engoron also\u00a0<a href=\"https:\/\/iapps.courts.state.ny.us\/fbem\/DocumentDisplayServlet?documentId=CJKA2EOIiTRatUAYz6FyeA==&amp;system=prod\" target=\"_blank\" rel=\"noreferrer noopener\">barred<\/a>\u00a0Trump from serving as a corporate officer or a director of a company in the state of New York for three years. There was one silver lining in the ruling for the Trumps: the judge did not issue an order revoking the Trump Org\u2019s certificate to do business, which has commonly been referred to as the \u201ccorporate death penalty.\u201d<\/p>\n\n\n\n<p>According to <a href=\"https:\/\/thehill.com\/regulation\/court-battles\/4438254-trump-new-york-fraud-case-verdict\/\">The Hill<\/a>, Judge\u00a0Arthur Engoron\u2019s\u00a092-page decision came just weeks after closing arguments in the case following a months-long trial last year during which Trump frequently lambasted the judge and the prosecutor who brought the case.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Donald Trump ordered to pay more than $350M in NY civil fraud case <a href=\"https:\/\/t.co\/Lj5duCWHtl\">https:\/\/t.co\/Lj5duCWHtl<\/a> <a href=\"https:\/\/t.co\/YzVItAQQBR\">pic.twitter.com\/YzVItAQQBR<\/a><\/p>&mdash; New York Post (@nypost) <a href=\"https:\/\/twitter.com\/nypost\/status\/1758584264285671749?ref_src=twsrc%5Etfw\">February 16, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Engoron previously\u00a0ruled that Trump committed fraud\u00a0in his real estate empire and he is expected to issue a penalty ruling Friday, according to sources familiar with the matter.<\/p>\n\n\n\n<p>In addition to a $370 million financial penalty, James has asked Engoron to ban Trump from New York\u2019s real estate business for life.<\/p>\n\n\n\n<p>New York Attorney General\u00a0Letitia James\u00a0(D) sued Trump in 2022, alleging he falsely altered his net worth on key financial statements to receive tax and insurance benefits. The documents, which detailed the value of the Trump Organization\u2019s various assets, were sent to banks and insurers to secure loans and deals, which the state purports is evidence of fraud.\u00a0\u00a0<\/p>\n\n\n\n<p><em>This is a breaking news story. Please check back for updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday, a New York judge ordered former President Donald Trump to pay $354 million in penalties stemming from the civil fraud case against his business empire. Engoron also\u00a0barred\u00a0Trump from serving as a corporate officer or a director of a company in the state of New York for three years. There was one silver lining [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[828,995,70,8,121],"class_list":["post-6158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","tag-arthur-engoron","tag-business-fraud","tag-crime","tag-donald-trump","tag-trump-organization"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Judge Delivers Ruling In Trump Business Fraud Trial - Great America News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/greatamericanewsdesk.com\/featured\/judge-delivers-ruling-in-trump-business-fraud-trial\/njackson\/2024\/02\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Judge Delivers Ruling In Trump Business Fraud Trial - Great America News Desk\" \/>\n<meta property=\"og:description\" content=\"On Friday, a New York judge ordered former President Donald Trump to pay $354 million in penalties stemming from the civil fraud case against his business empire. 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