Judge Engoron on Friday released his verdict in Letitia James’ New York City fraud trial against President Trump.
The judge made his decision in a 92-page filing.
Judge Engoron ordered Trump to pay more than a $355 million fine and imposed a 3-year ban in New York City.
Donald Trump Jr. and Eric Trump were also ordered to pay millions of dollars in fines.
The non-jury Soviet-style show trial played out in court for 11 weeks. Judge Engoron delayed the verdict to mid-February after he demanded information about possible perjury by Trump Org. CFO Allen Weisselberg at the eleventh hour.
The fix was in.
Engoron had already ruled that Trump engaged in fraud and ordered the dissolution of Trump’s New York businesses. The New York appellate court stayed Engoron’s order.
Recall that radical Marxist New York Attorney General Letitia James sought $370 million in ‘damages’ when there is no victim in this fraud case and she is also seeking to ban Trump and his sons from operating any businesses in New York. She accused Trump of inflating his assets and defrauding lenders and insurance companies.
James originally sought $250 million in damages from Trump.
In addition to increasing the amount of ‘damages’ she wanted Trump to pay, Letitia James sought a lifetime ban for him from the real estate industry.
In November a Deutsche Bank executive who worked to approve at least one of Trump’s loans testified that it is “atypical, but not entirely unusual” to reduce a client’s asset values and still approve a loan.
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