politics @lemmy.world · 9 months ago

Trump ordered to pay full $454 million fraud judgment, but can apply for loans during appeal

www.cnbc.com

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Trump ordered to pay full $454 million fraud judgment, but can apply for loans during appeal

www.cnbc.com

vegeta@lemmy.world to

politics @lemmy.world · 9 months ago

Judge Arthur Engoron ordered Donald Trump to pay more than $454 million as part of a judgment finding the ex-president liable for business fraud.

Judge Anil Singh’s ruling in Manhattan Supreme Court allows Trump and his two adult sons to stay in control of their companies while the former president seeks to appeal the massive fine.

The Trumps can also continue to apply for loans from financial institutions chartered or registered in New York during this time, the judge ruled

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9 months ago
Nonono, that’s just the valuation for authorities. The valuation for banks is way higher, especially if it’s a nice sunny day.

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