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Donald Trump Fined $364M in NY Fraud Case

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Former President Trump and his businesses face a hefty penalty after losing a civil fraud case in New York, resulting in a ban from business activities in the state.

In a significant legal blow to Donald Trump and his family, a New York judge ruled in a 92-page document that the former president must pay $364 million for fraudulent real estate activities. The judgment by Judge Arthur Engoron stripped Trump of managing any business in New York, including imposing a staggering fine on the Trump family. This decision came after a civil trial where Trump and his sons faced allegations of overstating their net worth to deceive lenders.

The ruling also prohibits Trump from holding any corporate positions in New York or seeking financial assistance from New York institutions. This severe penalty was imposed as a consequence of a prolonged scheme orchestrated by Trump and his associates to mislead banks for financial gain. Despite attempts to retain control of his business empire, Trump was ordered to comply with the court's directives, ensuring his temporary absence from the New York business scene.

Interestingly, this legal battle has exposed Trump's extensive legal debts, surpassing half a billion dollars. The judgment raises questions about Trump's financial liabilities and the implications for his future endeavors. Furthermore, the ruling marks a crucial turning point in Trump's relationship with New York, hinting at potential complications and legal challenges ahead for the former president and his businesses.

Trump's turbulent legal journey continues amidst controversies and financial setbacks, highlighting the complex legal entanglements faced by the former president and his business entities. The aftermath of this case reverberates across the political and business spheres, shaping Trump's legacy and imposing substantial financial burdens on his enterprises.

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Image courtesy of "Le Journal de Québec"

Trump condamné à payer 479 M$ pour des fraudes (Le Journal de Québec)

Dans un document judiciaire de 92 pages, le juge Arthur Engoron de la Cour suprême de l'État de New York a privé Donald Trump de la gestion de « toute ...

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Image courtesy of "La Presse"

Procès civil à New York | Trump subit une défaite cuisante (La Presse)

L'ancien président et ses fils ont perdu leur procès pour fraude immobilière et se voient imposer une amende de 355 millions.

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Image courtesy of "Globalnews.ca"

Donald Trump, sons, businesses fined US$364M in NY civil fraud case (Globalnews.ca)

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 ...

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Image courtesy of "BNN"

Trump Keeps NY Empire Intact as Judge Rescinds Asset-Sale Order ... (BNN)

(Bloomberg) -- Donald Trump was banned from doing business in New York for three years and ordered to pay $354 million for lying about his wealth, ...

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Image courtesy of "CBC.ca"

Trump must pay $355M for overstating net worth to dupe lenders ... (CBC.ca)

A person is seen sitting in a courtroom. Former U.S. president Donald Trump attends a civil fraud trial at the New York State Supreme Court in New York City in ...

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Image courtesy of "CP24 Toronto's Breaking News"

Trump civil fraud case: judge imposes $355 million penalty (CP24 Toronto's Breaking News)

A New York judge ruled Friday against Donald Trump, imposing a $364 million penalty over what the judge ruled was a yearslong scheme to dupe banks and ...

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Image courtesy of "Le Devoir"

Trump condamné à payer plus de 350 millions de dollars d'amende ... (Le Devoir)

Le juge a également interdit à l'ex-président de gérer ses entreprises pendant trois ans à New York.

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Image courtesy of "CTV News"

Donald Trump must pay US$354.9M, barred from N.Y. business for ... (CTV News)

Donald Trump must pay US$354.9 million in penalties for fraudulently overstating his net worth to dupe lenders, a New York judge ruled on Friday, ...

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Image courtesy of "ABC News"

Trump's legal debts top a half-billion dollars. Will he have to pay? (ABC News)

A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in ...

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Image courtesy of "BBC News"

Trump ordered to pay $354m to New York for lying to banks (BBC News)

In the civil case, a judge ordered the penalty to keep him and his sons from continuing "fraudulent ways".

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Image courtesy of "CNN"

Live updates: Trump ordered to pay nearly $355 million in civil fraud ... (CNN)

A judge has ordered former President Donald Trump and his companies to pay nearly $355 million in a ruling in the New York civil fraud case.

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Image courtesy of "ICI.Radio-Canada.ca"

Donald Trump est condamné à payer une amende de plus de 350 M ... (ICI.Radio-Canada.ca)

Un tribunal de New York a condamné l'ex-président américain à payer plus de 350 millions de dollars d'amende et lui interdit de gérer une entreprise dans ...

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Image courtesy of "The Guardian"

With business empire on brink of abyss, tycoon Trump recasts ... (The Guardian)

Former president's business fortune risks slipping from his grasp after ruling, while he marches closer to the Republican nomination.

Trump avoids 'corporate death penalty,' but his business will still get ... (CityNews)

NEW YORK (AP) — Donald Trump won't face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as ...

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Image courtesy of "CTV News"

Donald Trump must pay US$354.9M, barred from N.Y. business for ... (CTV News)

Donald Trump must pay US$354.9 million in penalties for fraudulently overstating his net worth to dupe lenders, a New York judge ruled on Friday, ...

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Image courtesy of "Le blogue de Richard Hétu"

Procès pour fraudes : une amende de 355 millions de dollars à Trump (Le blogue de Richard Hétu)

Le juge Arthur Engoron a infligé ce vendredi un revers aussi humiliant que coûteux à Donald Trump dans le procès civil pour fraudes qui le visait à New York ...

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Image courtesy of "Radio Canada International (en)"

Trump liable for $354.9M in civil fraud case, New York judge rules ... (Radio Canada International (en))

Former U.S. president barred from taking on top roles at New York corporations for 3 years.

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Image courtesy of "Financial Times"

Donald Trump's legal woes come to a head in his hometown of New ... (Financial Times)

A weighty judgment and impending criminal trial pile pressure on former president as his campaign swings into high gear.

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Image courtesy of "BBC News"

Donald Trump hit where it hurts most in New York fraud ruling (BBC News)

A scathing judgment limits the former president's ability to do business in the city where he made his name.

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Image courtesy of "CTV News"

Trump's legal debts top a half-billion dollars. Will he have to pay? (CTV News)

Donald Trump's legal debts might now exceed a half-billion dollars. Here's what we know about what Trump owes, whether he'll have to pay up, and what comes ...

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Image courtesy of "Reuters"

Trump to address supporters after $354.9 million fraud ruling (Reuters)

Donald Trump will address supporters at a campaign rally on Saturday for the first time since a New York judge ruled he must pay $354.9 million in penalties ...

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Image courtesy of "Le Journal de Montréal"

La justice «sexy» de Donald Trump (Le Journal de Montréal)

Avec l'ancien président des États-Unis, il y a le court et le long terme.

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Image courtesy of "CBC.ca"

Trump has been ordered to pay $355 million US. What happens if ... (CBC.ca)

Donald Trump has been ordered to pay nearly $355 million US in penalties for fraudulently overstating his net worth, a New York judge ruled on Friday.

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Image courtesy of "CTV News"

Trump avoids 'corporate death penalty' in civil fraud case, but his ... (CTV News)

A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented ...

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Image courtesy of "The Guardian"

Trump's legal woes have now set him back by more than $500m ... (The Guardian)

His primary opponent suggested the ex-president will raid Republican National Committee coffers to pay his legal fees.

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