Donald Jr and Eric Trump fined millions over Trump Organization’s fraudulent business dealings

Donald Trump Jr and his younger brother Eric Trump have fined a total of more than $8m for the fraudulent business dealings of their father’s sprawling real estate empire.

A New York court on Friday found former president Donald Trump and his Trump Organization liable for more than $350m in damages.

Prosecutors had accused the company of grossly inflating Mr Trump’s net worth and assets in documents handed to banks and lenders in order to secure more favourable financing terms for some of his star properties.

In addition to the fines owed by Mr Trump and his firm, Judge Arthur Engoron ordered Don Jr, 46, and Eric, 40, to pay roughly $4m each to the state of New York.

Both men will be barred from executive offices with any New York company for two years, while the former president is barred from holding such officers or getting loans from New York banks for three years.

In response, Eric Trump called the ruling “a total joke” and “insane”, telling ABC News that the court was “living in an alternate universe” and that his family would appeal the decision.

He stood by his testimony during the trial that he did not recall ever believing that any of the financial information he signed off on was fake or doctored.

Alina Habba, a lawyer for Donald Trump, likewise slammed the decision.

“This verdict is a manifest injustice, plain and simple. It is the culmination of a multi-year, politically-fueled witch hunt that was designed to ‘take down Donald Trump’.”

Donald Trump Jr said: “We’ve reached the point where your political beliefs, combined with what venue your case is heard, are the primary determinants of the outcome, not the facts of the case!

“It’s truly sad what’s happened to our country, and I hope others see it before