Trump Hit With $350 Million Judgment In Civil Fraud Trial
Huff PostLOADING ERROR LOADING Donald Trump owes the state of New York more than $350 million in damages for decades of fraudulent business practices, a New York State Supreme Court judge ruled Friday. “The Democrat Club-controlled Judge Engoron has already been reversed four times on this case, a shameful record, and he will be reversed again,” Trump’s statement read. “Given the grave stakes, we trust that the Appellate Division will overturn this egregious verdict and end this relentless persecution against my clients.” Over the course of a 44-day civil trial, the office of New York Attorney General Letitia James accused Trump of grossly exaggerating his wealth in order to secure favorable business loans by deceiving banks and insurers. His attorney on Friday called the verdict “a manifest injustice.” AP Photo/Susan Walsh) Defense attorney Chris Kise blamed Trump’s accountants for the fraud, describing the case against his client as “manufactured to pursue a political agenda.” “President Trump relied on multimillion-dollar accountants at Mazars,” Kise said in his closing statement.