Trump Fined $355m, Banned From New York Business In Fraud Trial

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A New York judge ordered Donald Trump to pay $355 million over fraud allegations and banned him from running companies in the state for three years Friday in a major blow to his business empire and financial standing.

Trump — almost certain to be the Republican presidential nominee this November — was found liable for unlawfully inflating his wealth and manipulating the value of properties to obtain favorable bank loans or insurance terms.

Trump defense lawyer Alina Habba called the ruling a “manifest injustice” and vowed to appeal.

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