Trump also banned from running any New York corporation or entity for three years in devastating blow for ex-president
Donald Trump fraud trial ruling – live updates
Donald Trump, his eldest sons and associates have been ordered to pay over $350m by a New York judge who found them guilty of intentionally committing financial fraud over the course of a decade.
“The frauds found here leap off the page and shock the conscience,” judge Arthur Engoron wrote in his decision. In a devastating blow for the former president who had built his reputation as a successful real estate developer, Engoron barred Trump and two other executives from serving as officers or directors of any corporation or entity in New York for three years. His sons, Eric and Donald Trump Jr, were banned for two years.
More Stories
Boeing production in 2024 expected to be less than half of rival Airbus
Apple asks investors to block proposal to scrap diversity programmes
Axos Financial: how the US bank became one of Trump’s biggest backers