A New York court has ruled that former President Donald Trump must pay a substantial sum of $355 million as a result of a fraud case.
Additionally, he has been barred from conducting any business activities within the state for a period of three years.
He said on Friday that this was no longer necessary because he is appointing an independent monitor and compliance director to oversee the 77-year-old Republican’s business.
Related articles; Alexei Navalny, Resolute Putin Critic, Reportedly Passes Away
In his ruling, Engoron said that Trump and the other defendants in the civil fraud case were incapable of admitting the error of their ways.
“Their complete lack of contrition and remorse borders on pathological. Instead, they adopt a ‘See no evil, hear no evil, speak no evil’ posture that the evidence belies,” he said.
Furthermore, the ruling, which comes as a significant blow to the former president, sheds light on the legal implications of his past business practices.
The court’s decision reflects the seriousness of the allegations brought against him and highlights the importance of upholding the principles of accountability and transparency.
The case revolved around allegations of fraudulent conduct within Trump’s business empire, prompting a thorough investigation by authorities.
In conclusion, the court’s ruling serves as a clear message that such actions will not be taken lightly, regardless of one’s stature or position.
Check also;
- Marathon World record holder Kelvin Kiptum has died
- Namibia’s President Hage Geingob dies aged 82
- Pakistan Launches Retaliatory Missile Strikes Into Iran
written by @enock katamba
- Enock Katamba is a Ugandan Journalist and Founder of Uncovered UG, an independent digital news platform covering Uganda and international developments. He reports on politics, national affairs, entertainment, sports, business, education and other stories of public interest.
Latest entries
National News2 November 2026Iganga mourns former Woman MP Olivia Kwagala after death at 57- Entertainment1 November 2026Ugandan Comedian Kapere Reportedly Dies at Hospital in Buddo
- Football31 October 2026Chelsea Beat Manchester United 2-0 as Rogers and Palmer Seal Stamford Bridge Victory
- Editor's Picks31 October 2026Chelsea Face Manchester United Test as Both Sides Seek Premier League Response
