Trump Hit With $350 Million Judgment In Civil Fraud Trial

Donald Trump owes the state of New York more than $350 million in damages for decades of fraudulent business practices in the state, a New York State Supreme Court judge ruled Friday.

The former president was also barred, under Judge Arthur Engoron’s ruling, from serving as an officer or director of any New York corporation or other legal entity in New York for three years.

Trump’s two sons, Eric and Donald Jr., are also banned from serving as executives for New York companies for two years. Both were also hit with $4 million fines.

“Their complete lack of contrition and remorse borders on pathological. They are accused only of inflating asset values to make more money. The documents prove this over and over again,” the ruling states.

Trump’s business empire was not ordered to be dissolved, as the judge previously indicated would happen. The court instead said any restructuring or dissolution of any LLC will be subject to individual review by a court-appointed director of compliance.

The ruling also hit Trump’s two former associates, Allen Weisselberg and Jeffrey McConney. They were permanently banned from having financial control over any New York corporation or similar business entity in New York. Weisselberg, who last year served time for tax evasion, previously served as chief financial officer of the Trump Organization and McConney was Trump’s corporate controller.

“The evidence is overwhelming that Allen Weisselberg and Jeffrey McConney cannot be entrusted with controlling the finances of any business,” the ruling states.

The defendants were dismissed by the judge for denying reality throughout the trial and refusing to accept responsibility or take action to prevent future wrongdoing.

“They did not rob a bank at