A New York judge fined Donald Trump more than $355 million for tax fraud. Photo: AFP
In a historic judgment handed down by the judge Arthur EngoranFormer President Donald Trump Convicted of a series of fraud charges in New York. It also ordered Trump and his associated companies to pay $355 million in “ill-gotten gains.” CNN.
“His complete remorse and remorse borders on pathology. They are only accused of inflating the value of the properties to make more money,” Judge Engoron says in his ruling, in which he assures that “the defendants will not be able to admit their wrongdoing.” He adds: “Instead, they adopt the 'see no evil, hear no evil, speak no evil' stance, which denies the evidence.”
The ruling also bars the former president from serving as an officer, director or other legal entity of any New York corporation. For a period of 3 years. Likewise, the judge ruled that Trump is barred from soliciting loans from any company registered with the New York Department of Financial Services.
Based on convincing evidence presented by Attorney General James, the Magistrate determined that the value of the organization's assets was overstated and volatile. 812 million dollars Y 2.2 billion dollars Between 2014 and 2021.
A judge ordered the liquidation of the companies responsible for the assets at the end of September after the overvaluation, deemed a continuing fraud. Torrey Trump and is located in a historic neo-Gothic building 40 Wall Street.
The latter, about to celebrate its centenary, has been the scene of various press conferences given by Donald Trump after the court hearings. Challenging this action, the businessman filed an appeal.
“His utter remorse and remorse borders on pathology,” Judge Arthur Engoron said of Trump. Photo: AFP
However, this judgment did not dissolve commercial certificates The Trump OrganizationAs the judge initially established Engron In his summary judgment last year.
Expected to be defensive Trump It intends to appeal this decision and request a stay of execution of the judgment while the appeal is evaluated. This process may delay the final disposition of the case.
Trump will be tried in March on charges of paying Stormy Daniels
Next March 25 will mark a historic milestone, when Donald Trump He is the first former US president to face criminal prosecution. The case revolves around an allegation of payment to cover up A's relationship Adult film actressA magistrate declared NY. The decision to launch the investigation on this date comes at a critical moment: Trump, at age 77, is immersed in the election race with the goal of returning to the presidency.
Judge Juan MersonThe prosecution rejected defense claims Trump To adjourn the start of the trial to begin with jury selection. Merchan stressed the importance of several factors when making this decision.
Before the hearing in Manhattan District Court, Trump expressed on his platform True community There is alleged political motive behind the allegation that the case would not have been filed had he not been a presidential candidate.
Trump's defense is expected to seek to appeal the decision and seek a stay of execution while the appeal is evaluated. Photo: AFP
Despite facing a total of 91 criminal charges in various cases, Trump's popularity does not seem to be suffering. Current polls position him as the favorite in a hypothetical showdown with President Joe Biden in the November election.
