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Huge loss in court for Donald Trump … the judge in Trump’s civil business fraud trial in New York just ordered the former president to pay about $355 million in fines.
Judge Arthur Engoron found Trump liable for conspiring to manipulate his net worth in a Friday ruling.
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In addition to the stiff financial penalty, the judge also barred Trump from serving in top roles at any New York company for 3 years, and that includes the Trump Organization.
Prosecutors were seeking a $370 million fine for Trump … accusing him and his sons, Donald Trump Jr. and Eric Trump, of falsifying financial statements and business records as part of repeated and persistent fraud.
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Trump will no doubt appeal the fine, which reportedly could balloon to $400 million with interest.
As we reported, just last month a New York jury decided he should pay E. Jean Carroll $83.3 million for defaming her while denying her sexual assault allegation.
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Standby for Trump to blast the ruling on social media.
