New York Attorney General Letitia James asked a Manhattan judge on Friday for a bigger $370 million penalty and harsh sanctions against former President Donald Trump and his real-estate business. In a court filing that followed a tumultuous civil fraud trial in New York City that began in October, James asked Judge Arthur Engoron for a larger fine than initially proposed, a statewide permanent ban for Trump from the commercial real-estate industry, and an at least five-year industry ban for Eric Trump and Donald Trump Jr.
James claimed that Trump and his top executives “reaped hundreds of millions of dollars in ill-gotten gains through their unlawful conduct,” in Friday’s filing. The attorney general’s office previously wanted Trump fined $250 million, among other sanctions. Engoron ruled before the trial that Trump and some other defendants had engaged in fraud. The purpose of the trial is to determine the punishments, along with six additional claims by James, including conspiracy, insurance fraud and falsifying business records. Trump has denied the allegations, and called the case against him “baseless.” If James’s case is proven, it would be a stunning reversal of fortune for Trump in New York, his hometown until recently, which was the jumping-off point for the expansion of his father’s less glamorous apartment business, Trump’s rise as a TV personality and his polit …
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James claimed that Trump and his top executives “reaped hundreds of millions of dollars in ill-gotten gains through their unlawful conduct,” in Friday’s filing. The attorney general’s office previously wanted Trump fined $250 million, among other sanctions. Engoron ruled before the trial that Trump and some other defendants had engaged in fraud. The purpose of the trial is to determine the punishments, along with six additional claims by James, including conspiracy, insurance fraud and falsifying business records. Trump has denied the allegations, and called the case against him “baseless.” If James’s case is proven, it would be a stunning reversal of fortune for Trump in New York, his hometown until recently, which was the jumping-off point for the expansion of his father’s less glamorous apartment business, Trump’s rise as a TV personality and his polit …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]