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United States: Trump ordered to pay more than $350 million in fines for fraud

2024-02-16T20:40:07.369Z

Highlights: Former US president and two of his sons were accused of vastly inflating the value of the assets of their Trum family empire. The ex-president receives a very heavy fine. The former tenant of the White House is also banned from managing his businesses for three years in New York. Even before the trial, from October to January, Judge Engoron, with whom Donald Trump has execrable relations, had judged the fraud to be constituted. The trial lasted for more than a year.


The former US president and two of his sons were accused of vastly inflating the value of the assets of their Trum family empire


The ex-president receives a very heavy fine.

A New York judge fined Donald Trump more than $350 million for fraud.

The former tenant of the White House is also banned from managing his businesses for three years in New York.

The former President of the United States, candidate for a return to the White House, his sons Donald Trump Jr and Eric Trump appeared during a long civil trial from October to January, accused of having enormously inflated the value assets of their family empire Trump Organization.

More favorable loans

Trump father and son are accused of having caused a colossal increase in the value of skyscrapers, luxury hotels and golf courses throughout the world during the 2010s, at the heart of the Trump Organization, to obtain more favorable loans from banks. and better insurance conditions.

Even before the trial, from October to January, Judge Engoron, with whom Donald Trump has execrable relations, had judged the fraud to be constituted.

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Source: leparis

All news articles on 2024-02-16

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