Judge Arthur Engoron has dismissed former President Donald Trump’s plea to postpone the finalization of a $355 million civil fraud judgment. The decision was communicated to the attorneys of both Trump and the New York attorney general via email on Thursday.
Quick Read
- udge Arthur Engoron dismissed Donald Trump’s request to delay a $355 million civil fraud judgment finalization, with the decision emailed to the involved attorneys.
- Trump has a 30-day period to appeal once the judgment is formalized, needing to secure $355 million plus an estimated $100 million in interest through cash or bond.
- Engoron found no valid reason in Trump’s plea for a 30-day extension and plans to approve the judgment as proposed by the New York attorney general, noting no inaccuracies were identified by Trump’s legal team in the state’s documentation.
- The judgment includes a fraud finding against Trump and his two adult sons, barring Trump from executive roles in New York-based companies for three years and his sons Donald Jr. and Eric for two years.
- Donald Jr. and Eric Trump are each required to pay $4 million, and an independent monitor appointed in 2022 will continue for at least another three years, tasked with recommending an independent compliance director for the Trump Organization.
The Associated Press has the story:
Judge denies Trump’s delay request in $355 Million fraud case
Newslooks- NEW YORK (AP)
Judge Arthur Engoron has dismissed former President Donald Trump’s plea to postpone the finalization of a $355 million civil fraud judgment. The decision was communicated to the attorneys of both Trump and the New York attorney general via email on Thursday.
Once the judgment is formalized, Trump will have a 30-day window to appeal, during which he must secure the full amount of $355 million, plus an estimated $100 million in interest, either in cash or through a bond.
The judgment had yet to be published on the court’s website by late Thursday. Judge Engoron, in his email, stated that Trump’s team provided no valid reason for the requested 30-day extension. He expressed his intention to approve the judgment proposed by the New York attorney general’s office, highlighting that Trump’s legal team had not pointed out any inaccuracies in the state’s documentation.
The ruling, which found Trump and his two adult sons guilty of fraud, also prohibits Trump from holding an executive position in any New York-based company for three years, with a two-year prohibition for Donald Trump Jr. and Eric Trump.
Both sons are mandated to pay $4 million each. An independent monitor, appointed in 2022, will continue for at least another three years, with the directive to suggest a candidate for the role of independent compliance director for the Trump Organization.
