Trump Ordered to Pay $450M in Civil Fraud Case

A New York judge has ruled against Donald Trump in a landmark civil fraud case, ordering him to pay approximately $450 million for inflating asset values.

New York County Supreme Court Justice Engoron ordered Donald Trump to pay $355 million, rising to $450 million with interest, for inflating asset values in financial statements.
The penalty aims to deter dishonesty in the financial marketplace, with the money going to the state rather than individual claimants.
Trump and his co-defendants, including three of his children and former Trump Organization CFO Allen Weisselberg, are responsible for $364 million, or about $464 million with interest.
Trump is barred from serving as an officer or director of any New York corporation for three years and from taking out loans from New York banks.
The ruling adds to Trump's financial burdens as he faces another $83 million owed to writer E. Jean Carroll and continues his 2024 presidential campaign.