#Trump #Fined #IDR #TProhibited #Business #York #Fraud #Case
New York –
Former United States (US) President Donald Trump was ordered by a New York court judge to pay a fine of US$ 355 million (Rp. 5.5 trillion) related to fraud charges. Trump is also prohibited from operating a company in New York state for the next three years.
As reported AFPSaturday (17/2/2024), the New York court decision handed down in a civil case trial on Friday (16/2) local time was a major blow to Trump’s business empire and financial condition.
Trump, who is almost certain to be the Republican presidential candidate in November’s presidential election, was found responsible for illegally inflating wealth and manipulating property values to obtain favorable bank loans or insurance terms.
Trump accused President Joe Biden of controlling the case, and said Biden was using the case as a “weapon against a political opponent who is ahead in the polls.” He promised to appeal the decision.
Because the case is civil, not criminal, there is no threat of prison time for Trump.
But Trump said ahead of the verdict that a ban on doing business in New York state was tantamount to a “death sentence for corporations.”
Trump, who is facing 91 criminal charges in a series of other cases, has used his legal troubles to galvanize his supporters and criticize his presidential opponent, Biden.
He claimed the legal cases against him were “just a way to hurt me in the election”.
Read the full news on the next page.
(nvc/idh)
