2024-02-16 20:27:56
Former US President Donald Trump has been sentenced to pay a fine of more than $350 million (around €325 million) in a fraud trial. Judge Arthur Engoron announced this on Friday in New York. In addition, the real estate entrepreneur Trump is not allowed to run a company in New York state for three years. The civil case was about the future of the 77-year-old’s corporate empire.
Prosecutors accused Trump, his sons and employees of manipulating the value of the Trump Organization for years in order to obtain cheaper loans and insurance contracts. Judge Engoron had already confirmed this before the trial. The proceedings were therefore primarily about determining possible penalties and other charges. During the trial, both Trump himself and several of his children were questioned.
There was no threat of prison time or direct impact on Trump’s bid for the presidency in the civil case. However, the ex-president is currently involved in a number of other proceedings. Only on Thursday was the start of a trial in connection with hush money payments to a porn star on March 25th confirmed by a judge. It would be the first criminal trial of a former president in US history. Three further criminal trials are being prepared, including on allegations of attempted election manipulation, and civil trials are also ongoing.
Just at the end of January, a jury in a second libel trial awarded 80-year-old author E. Jean Carroll $83.3 million in compensation. Trump’s lawyers had announced that they wanted to appeal.
The 77-year-old Trump is considered the Republicans’ most promising candidate in the upcoming presidential election in November. He has often used his trials as election campaign events, which has already brought him into disputes with several judges.
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