The judge had already found last year that Trump committed years of fraud by lying about his riches on financial statements
Judge Arthur Engoron ordered the former president and the Trump Organization to pay over $350 million in damages, and bars Trump"from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years."
Trump spokeswoman Alina Habba said Trump would appeal the ruling. In a statement, Habba said"countless hours of testimony proved that there was no wrongdoing, no crime, and no victim."by billions of dollars on financial statements that he then used to secure business loans, insurance and to make deals. James was seeking $370 million in fines and to ban Trump from conducting any future business in the New York real estate industry.
Trump wasn’t required to be in court, except for the one day he testified, but he showed up eight times as a spectator. Every time, he turned his appearance into a de facto campaign stop, griping outside the courtroom that he was being persecuted. He had the same message during his often defiant In December, the judge suggested he’s inclined to find Trump and his co-defendants liable on at least some claims. Assets can be valued in different ways, the judge wrote in his ruling, “but a lie is still a lie.”
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