This unprecedented decision is a blow to the assets of the former President of the United States, who aims to be re-elected in November.
Published on 02/16/2024 22:12
Reading time: 1 min Donald Trump, October 4, 2023 in New York. (ANGELA WEISS / AFP)
A hit to the wallet. Donald Trump was fined nearly $355 million (€329 million) by a New York court on Friday February 16 for financial fraud within his real estate empire, the Trump Organization. This unprecedented decision is a blow to the assets of the former President of the United States, who aims to be re-elected in November. It is accompanied by a three-year ban for the businessman and Republican tribune from any business management in the State of New York.
The attorney general of this state, Letitia James, filed a complaint against him in October 2022 and led him, with his two adult sons Donald Jr and Eric Trump and their family group, to a civil trial for fraud, from October to January. Trump father and son appeared during this lengthy trial, often in an ultra-tense political climate, and were accused of having enormously inflated the value of the assets of their family empire Trump Organization.
The 77-year-old Republican magnate and tribune has continued to rage against justice in the hands, according to him, of President Joe Biden’s Democrats, denouncing “a trial worthy of a banana republic”. His lawyers argued a case that they said was legally empty. Unlike criminal trials this year – like the one set for Thursday March 25 for payments to silence a porn star – Donald Trump did not risk prison in this civil case.
View comments
France Télévisions collects your email address to send you the “La Quotidienne Monde” newsletter. At any time, you can unsubscribe via the link at the bottom of these newsletters. To know more, See our privacy policy.
2024-02-16 21:12:06
#presidential #election #Donald #Trump #fined #million #financial #fraud #York
