• (OT) Twump must pay: $355 Million

    From =?UTF-8?Q?Pelle_Svansl=C3=B6s?=@21:1/5 to All on Fri Feb 16 22:37:56 2024
    A New York judge on Friday handed Donald J. Trump a crushing defeat in
    his civil fraud case, finding the former president liable for conspiring
    to manipulate his net worth and ordering him to pay a penalty of $355
    million that could wipe out his entire stockpile of cash.

    Not only did Justice Engoron impose a three-year ban preventing Mr.
    Trump from serving in top roles at any New York company, including his
    own, but the judge also applied that punishment to the former
    president’s adult sons for two years and ordered that they pay more than
    $4 million each. One of the sons, Eric Trump, is the Trump
    Organization’s de facto chief executive, and the ruling throws into
    doubt whether any member of the family can run the business in the near
    term.

    Mr. Trump will appeal the financial penalty — which could climb to $400 million or more once interest is added — but will have to either come up
    with the money or secure a bond within 30 days.

    https://www.nytimes.com/2024/02/16/nyregion/trump-civil-fraud-trial-ruling.html

    Not permanently barred from doing business in NY, though. Oh, well.

    --
    "And off they went, from here to there,
    The bear, the bear, and the maiden fair"
    -- Traditional

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