- Donald Trump, his two oldest children and his family business were hit with a devastating $364 million fine after a civil fraud case was filed against them.
- In addition to the fines imposed, the 77-year-old and his sons Eric and Don Jr have been banned from doing business in New York.
- Eric Trump has now responded to the decision handed down by Judge Arthur Engoron, saying they had been “trophies on the wall” for justice.
Eric Trump slammed Judge Arthur Engoron after he and his brother were banned from doing business in New York for two years, and both were fined $4 million each in a devastating fraud ruling against their father.
The former president and his family business were fined a staggering $364 million for inflating property prices, and the 77-year-old was fined $355 million.
Eric and Don Jr. were fined more than $4 million each and former CFO Allen Weisselberg was fined $1 million.
Speaking to Fox News, Eric has responded to the decision handed down by Engoron, saying that they had been “trophies on the wall” for justice.
The 40-year-old told the outlet: ‘As for Don and I, all the witnesses testified that we had nothing to do with this. This guy (Engoron) didn’t care.’
The former president and his family business were fined a devastating $364 million for inflating property prices, with the 77-year-old fined $355 million.
Eric Trump has now responded to the decision handed down by Engoron, saying that they had been “trophies on the wall” for justice.
Don. Jr and Eric were fined more than $1 million each and suspended for two years in the ruling.
He added: “We were trophies on the wall for this guy.” This is New York State; I warn anyone even thinking about moving to New York to be careful.’
The younger Trump went on to say, “They wouldn’t be doing this if Donald Trump wasn’t the favorite for president.”
‘They are attacking him civilly, they are attacking him criminally. “They’re doing it because Donald Trump is winning.”
The stunning decision came after an explosive three-month court case in which Trump took the stand and his children, including Ivanka, testified.
Trump now has more than $454 million toward judgments in New York after a jury ordered him to pay for defaming his rape accuser, E. Jean Carroll.
His net worth is believed to be around $2.6 billion, according to a Forbes estimate in September 2023and most of his assets are tied to his growing real estate and golf empire.
The Republican presidential front-runner, according to Forbes, has $640 million in cash and assets and $870 million in golf clubs and resorts.
His New York real estate holdings are worth $690 million and his branding and social media businesses are worth $160 million.
At one point in the process, Judge Arthur Engoron told the former president’s lawyer to “control his client”
New York Attorney General Letitia James brought the case against Donald Trump; She was seen here last month.
Speaking outside his Mar-a-Lago resort in Palm Beach, Florida, Trump went on the offensive, lashing out at Engoron and Attorney General Letitia James.
The former President said: ‘A corrupt judge in New York State has ruled that I have to pay a fine of $355 million for having built a perfect company.
‘There was no fraud, all the banks got money. They love Trump, they testified that Trump is a great customer. The judge knows it, he is simply a corrupt person.
‘Letitia James is a horribly corrupt attorney general and it’s all about election interference. There were no victims, the banks made a lot of money.
The Trump Organization called the ruling a “serious miscarriage of justice,” accused New York Attorney General Letitia James of “overreach” and said Deutsche Bank made “hundreds of millions” doing business with them.
‘All members of the New York business community, regardless of industry, should be seriously concerned about this blatant overreach and this brazen attempt by the Attorney General to exercise unlimited power where no public or private harm has been established.
“If allowed to stand, this ruling will only further accelerate the continued exodus of businesses from New York.”