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Former President of the United States Donald Trump (2017-2021) They will have to pay a fine of more than 350 million dollars In several fraud cases at his family's company, the Trump Organization, a New York judge ruled on Friday.
Judge Arthur Engoron It also limited the former president's ability to do business in the state for the next three years.
Trump is expected to appeal the decision, but so far he has not yet interacted on his Truth social network, where he usually posts his comments.
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The fine is divided into several charges against Trump and his companies (worth a combined $355 million), his two oldest children ($4 million each), and a former company executive ($1 million), all of whom were charged by the Attorney General's Office. Inflating asset numbers to gain advantages with insurance companies and banks.
Engoron had already held each of them responsible scam In an urgent decision, before the start of the civil trial.
“His complete lack of repentance and remorse amounts to illness.“, the judge wrote in his decision.
The New York State Attorney General's Office, led by Attorney General Letitia James, requested that Trump and accused executives Allen Weisselberg and Jeffrey McCone be banned “for life” from participating in the real estate sector or managing “any business or legal entity.” “In New York State.
Finally, Engoron decreed that Weisselberg and McCone could never have financial control of any company of any kind in New York, and that Trump (as well as their executives) could not serve as a director of any company or legal entity for three years in New York. State, or borrowing from any entity registered in New York during the same period.
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This will have immediate effects, for example, on Trump TowerA hotel, restaurant and shopping complex located on New York's famous Fifth Avenue.
But the judge decided not to ratify the liquidation of the former president's companies that he ordered before the start of the trial (the Court of Appeal then stopped this decision).
The ruling, which was eagerly awaited by the media in the United States, was delayed for more than a week, as it was scheduled to be announced at the end of this January.
The trial lasted about two months and settled six charges related to tampering with asset numbers in the Trump Organization's financial documents to obtain advantages from insurance companies and banks.
The former US President responded to the ruling and described it as… “Illegal and un-American”In addition to “Absolute fraud”.
On his social network, Truth Social, Trump continued his well-known accusation that “the judicial system in the state of New York, and in the entire United States, is under attack by partisan, deceived, and biased judges,” since “the extremists are doing everything they can to fire me.”
Meanwhile, his lawyer, Alina Habba, hinted that she would appeal the ruling. He said in a statement released to the media: “Given the high stakes, we are confident that the Appeals Chamber (of the court) will overturn this scandalous ruling and put an end to the ongoing persecution of my client.”
According to Haba, “This does not only affect Donald Trump: if this decision is final, it will serve as a signal to everyone in the United States that New York is no longer (a city) open for business.”
As for the rest, he reiterated his client's thesis that the ruling represents “the culmination of a multi-year, politically motivated witch hunt aimed at ousting Donald Trump.”
(With information from EFE)
