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Trump, Sons and Associate Hit With $364 Million Fraud Fine.
- Source :
- Bloomberg.com; 2/16/2024, p1-3, 3p
- Publication Year :
- 2024
-
Abstract
- Former President Donald Trump and his real estate company have been hit with a $364 million fraud fine in New York's civil fraud suit over inflated asset valuations. The judge ruled that Trump cannot run any business in the state for three years, and his two eldest sons, Donald Trump Jr. and Eric Trump, are barred from being officers of a company in New York for two years. State Attorney General Letitia James filed the suit, claiming that Trump inflated asset values to deceive lenders into giving him better loan terms. Trump is expected to appeal the ruling. [Extracted from the article]
- Subjects :
- FRAUD
BUSINESS valuation
OATHS
INTEREST rates
CIVIL procedure
SONS
FRAUD lawsuits
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 175574473