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Inflated assets, Trump sentenced to pay 354 million - Last minute

2024-02-16T20:30:40.636Z

Highlights: Inflated assets, Trump sentenced to pay 354 million - last minute. Judge Arthur Engoron sentenced Donald Trump and his two sons Donald Jr and Eric to pay a fine of 4 million dollars each. Trump was banned for three years from doing business in New York State or holding top roles at any company in the area. While Eric and Don jr were banned from do business in the state for two years and sentenced to paying a fine each of $4 million dollars. Reproduction of this article is permitted under the terms of the Italian Copyright Act.

Judge Arthur Engoron sentenced Donald Trump and his two sons Donald Jr and Eric to pay 354 million in the civil trial in New York for having inflated the assets of the family holding company in order to obtain more advantageous conditions from banks... (ANSA )

Judge Arthur Engoron sentenced Donald Trump and his two sons Donald Jr and Eric to pay 354 million in the civil trial in New York for having inflated the assets of the family holding company with the aim of obtaining more advantageous conditions from banks and insurance companies.

In addition to the sanctions, Trump was banned for three years from doing business in New York State or holding top roles at any company in the area.

While Eric and Don jr were banned from doing business in New York for two years and sentenced to pay a fine of 4 million dollars each.

Reproduction reserved © Copyright ANSA

Source: ansa

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