LEGAL/NEW YORK/TRUMP BUSINESS/TRUMP FAMILY: “A New York judge on Friday handed Donald J. Trump a crushing defeat in his civil fraud case, finding the former president liable for conspiring to manipulate his net worth and ordering him to pay a penalty of $355 million that could wipe out his entire stockpile of cash.
Justice Engoron barred Mr. Trump for three years from serving in top roles at any New York company, including his own Trump Organization. He also imposed a two-year ban on the former president’s adult sons and ordered that they pay more than $4 million each. One of them, Eric Trump, is the company’s de facto chief executive, and the ruling throws into doubt whether any member of the family can run the business in the near term…
‘Their complete lack of contrition and remorse borders on pathological,’ [the judge] said.”
-Jonah E. Bromwich and Ben Protess, “Trump Ordered to Pay $355 Million and Barred From New York Business,” nytimes.com, February 16, 2024