New York Judge Orders Donald Trump To Pay $354 Million In Real Estate Fraud Lawsuit

Photos: YouTube Screenshots A New York judge ordered Donald Trump, his namesake company and two of his sons to pay nearly $364 million in damages and barred them from conducting business in the state after committing rampant fraud in over-valuing his real estate empire. “In order to borrow more and at lower rates, defendants submitted blatantly false financial data to the accountants, resulting in fraudulent financial statements,” Justice Arthur Engoron said in a 92-page ruling Friday. “When confronted at trial with the statements, defendants’ fact and expert witnesses simply denied reality, and defendants failed to accept responsibility or to impose internal controls to prevent future recurrences.” Engoron had already ordered the business halted by ruling last year that the Republican presidential frontrunner committed fraud from 2011 through 2021 through “pure sophistry” and a “fantasy world” of real-estate valuations that “can only be considered fraud.” But an appeals court put the order on hold while Engoron presided over a fall trial to determine damages. READ MORE The post New York Judge Orders Donald Trump To Pay $354 Million In Real Estate Fraud Lawsuit appeared first on Black Star News.