2024-02-16 23:31:10
New York (United States), 02/16/2024.- New York Attorney General Letitia James speaks during a press conference in response to today’s ruling in the civil fraud trial against former President Donald J. Trump in New York, New York, United States, February 16, 2024. Judge Arthur F. Engoron today issued the ruling in which he found Trump responsible for conspiring to manipulate his net worth and ordered him to pay a fine of 355 million dollars/329 million euros. (New York) EFE/EPA/JUSTIN LANE
The Attorney General of the State of New York, Letitia James, This Friday he celebrated his “enormous victory” against the former US president Donald Trump (2017-2021), sentenced today to pay fines worth more than $350 million for several cases of fraud in his family business.
James, who filed the civil fraud case against the former president, his two eldest children and two former Trump Organization executives, said in a message thread on X that the Republican “is finally facing the consequences of his illegal acts.” .
The prosecutor belongs to the Democratic Party, and focused part of her campaign on attacking the former president, for which Trump has accused her of being impartial and even racist, in addition to leading a political vendetta against him.
This Friday, a New York judge ordered the former president and his companies to pay some $355 million in fines, and disqualified him from serving as director of any company in the state for the next three years.
In addition, his two eldest sons, Donald Trump Jr. and Eric Trump, will have to pay about $4 million each, and the two accused executives will not be able to serve as financial managers of any company in New York ever again.
It is the penalty imposed by Engoron after determining that Trump and the rest of the defendants inflated the values of their assets to achieve advantageous agreements with banks and insurers.
“Ordinary Americans cannot lie to a bank to get a mortgage, and if they did, our Government would punish them,” the prosecutor said in her message thread.
Shortly after, during an appearance in New York, James highlighted that the Prosecutor’s Office has demonstrated “the astonishing scope of their fraud, and the exact way in which Donald Trump and the rest of the defendants deceived banks, insurers and other financial institutions for their benefit.” staff”.
“Today, the court once again ruled in our favor and in favor of every hard-working American who follows the rules,” the prosecutor continued.
James had requested a fine of $370 million and a lifetime ban on the state’s real estate sector against the former president, who also faces four criminal cases in different states of the country. EFE
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