Former US President Donald Trump must pay fines totaling $354.9 million, following his conviction for defrauding the value of his assets. Trump will not be able to work for any company in New York for three years.

The lawsuit filed by New York Attorney General Leticia James accused Trump and his family businesses of inflating their net worth by about $3.6 billion a year for a decade. Trump, who faces criminal charges in four other cases, called the prosecution "political revenge" by the attorney general.