NY court orders $355M civil-fraud judgment against Trump + Trump Organization
New York Supreme Court Justice Arthur F. Engoron entered a $355 million civil-fraud judgment (later raised with interest above $464M) against Donald Trump, the Trump Organization, and senior executives after finding they engaged in persistent and repeated fraud in misstating the value of corporate assets to obtain favourable bank loans. Trump was barred for three years from serving as a NY corporate officer.