Trump Hit with $350M Fine and 3-Year NY Business Ban

A New York judge dropped a legal bombshell on former U.S. President Donald Trump Friday, slapping him with a $350+ million fine and banning him from running businesses in the state for three years. The ruling caps a dramatic civil fraud case accusing Trump of \"inflating his net worth like a reality TV plot twist\" to secure loans and deals.

Justice Arthur F. Engoron found Trump guilty of repeatedly overvaluing assets – from skyscrapers to golf courses – calling it a \"fantasy world, not the real one.\" The penalty could drain Trump's cash reserves as he campaigns for the 2024 presidency while battling four criminal cases.

New York Attorney General Letitia James, who brought the lawsuit, called it a \"massive victory for truth.\" Trump, meanwhile, slammed the decision as a \"political witch hunt\" on Truth Social. With appeals likely, this legal drama is far from over.

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Trump incurs $350+ million fine and 3-year New York business ban

cgtn.com