New York Judge Orders Donald Trump to Pay $354.9 Million for Fraud, Bans him from Serving as Officer or Director

Former U.S. President Donald Trump was ordered by a New York judge on Friday to pay $354.9 million in penalties for deceiving lenders by inflating his net worth. The judge also banned Trump from serving as an officer or director of any New York corporation for three years. Trump plans to appeal the ruling, calling it a "manifest injustice." His lawyer said the decision was a result of a "politically fueled witch hunt" against him. The ruling could have significant implications for Trump's real estate empire and his political ambitions.

Implications of the Ruling

The ruling's impact on Trump's real estate business and potential future political endeavors will likely be substantial, given the severity of the judgments imposed by the New York judge.