Donald Trump ordered to pay more than $350m in New York civil fraud case

The former president was also banned from holding executive office at a New York company and from getting loans from New York banks for three years

Former President Donald Trump leaves Manhattan criminal court, Thursday, Feb. 15, 2024, in New York. Picture: AP Photo/Mary Altaffer

A New York judge ruled against Donald Trump on Friday, imposing a penalty of $364m over what the judge ruled was a yearslong scheme to dupe banks and others with financial statements that inflated the former president’s wealth.

Judge Arthur Engoron issued his decision after a two-and-a-half-month trial, which saw the Republican presidential front-runner bristling under oath that he was the victim of a rigged legal system.