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Former US president Donald Trump has been fined $354.9m (£281.6m) after a civil fraud trial in New York.

The judge also banned Trump from running businesses in New York for three years. His sons, Eric and Donald Jr, received similar bans for two years.

Trump and the Trump Organisation were also banned from applying for loans from any New York financial institution for three years.

Alina Habba, his lawyer, said after the hearing that the ruling was a “manifest injustice…plain and simple”.

She said in a statement: “It is the culmination of a multi-year, politically fuelled witch hunt that was designed to ‘take down Donald Trump,’ before Letitia James ever stepped foot into the Attorney General’s office.”

Judge Arthur Engoron had already ruled in an earlier judgement that the former president inflated his wealth on financial statements given to banks, insurers and other institutions to make deals and secure loans.

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Trump: ‘They don’t like me running’

New York Attorney General Letitia James sought $370m (£294m) and a ban on Trump and other defendants from doing business in the state in the civil fraud case.

Such a huge penalty as the one imposed today could leave Trump’s real estate empire in tatters – an image that helped lead him to fame and the White House in 2016.

Judge Engoron also cancelled his prior ruling from September ordering the “dissolution” of companies that control areas of Trump’s real estate empire, saying today that this was no longer necessary because he is appointing an independent monitor and compliance director to oversee Trump’s businesses.

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In the ruling, the judge wrote that Trump and the other defendants in the case “are incapable of admitting the error of
their ways”.

He added in his written verdict: “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.”

In response, Trump’s legal team claimed the testimony during the trial “proved there was no wrongdoing, no crime, and no victim” and added an appeal would be launched.

An aerial view of former President Donald Trump's Mar-a-Lago estate is seen Aug. 10, 2022, in Palm Beach, Fla. New York Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans. (AP Photo/Steve Helber, File)
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Trump’s Mar-a-Lago estate in Palm Beach was central to the case. Pic: AP

FILE ...Trump Tower is shown in this photo, in New York, March 21, 2023. New York Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans. (AP Photo/Seth Wenig, File)
Image:
Trump Tower is one of the ex-president’s many properties. Pic: AP

Ms Habba added: “Given the grave stakes, we trust that the Appellate Division will overturn this egregious verdict and end this relentless persecution against my clients.

“Let me make one thing perfectly clear: this is not just about Donald Trump – if this decision stands, it will serve as a signal to every single American that New York is no longer open for business.”

Last month Trump was also ordered by another judge in New York to pay $83.3m (£65.5m) in punitive damages to writer E Jean Carroll.

She launched a defamation case against the ex-president, accusing him of sexually assaulting her in a Manhattan department store in the mid-1990s.

In this latest civil case, Ms James’ office estimated Trump exaggerated his wealth by as much as $3.6bn.

State lawyers claimed Trump used the inflated numbers to get lower insurance premiums and favourable loan terms, saving at least $168m on interest alone.

Judge Arthur Engoron attends the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, U.S., January 11, 2024. REUTERS/Shannon Stapleton/Pool
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Judge Arthur Engoron at the closing arguments of the trial. Pic Reuters

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Donald Trump at the trial in New York

During the trial, Trump launched a six-minute diatribe from the witness stand and was ordered not to disparage court staff – but defied the judge and was fined $15,000 (£11,800) for twice violating the order.

The Republican presidential front-runner testified in November that his financial statements actually understated his net worth and that banks did their own research and were happy with his business.

During closing arguments in January this year, he claimed the case was a “fraud on me”.

Before the trial, Judge Engoron ruled on James’ main claim, finding that Trump’s financial statements were fraudulent.

As punishment, the judge ordered some of his companies should be removed from his control and dissolved, but due to an appeal, another court has put that on hold.

Because it is a civil case, rather than criminal, there was no threat of Trump being jailed.

However, four of the investigations into the former president are on criminal grounds.

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US ramps up ‘drug boats’ operation by sending in aircraft carrier to region

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US ramps up 'drug boats' operation by sending in aircraft carrier to region

The US has announced it is sending an aircraft carrier to the waters off South America as it ramps up an operation to target alleged drug smuggling boats.

The Pentagon said in a statement that the USS Gerald R Ford would be deployed to the region to “bolster US capacity to detect, monitor, and disrupt illicit actors and activities that compromise the safety and prosperity of the United States homeland and our security in the Western Hemisphere”.

The vessel is the US Navy’s largest aircraft carrier. It is currently deployed in the Mediterranean alongside three destroyers, and the group are expected to take around one week to make the journey.

There are already eight US Navy ships in the central and South American region, along with a nuclear-powered submarine, adding up to about 6,000 sailors and marines, according to officials.

It came as the US secretary of war claimed that six “narco-terrorists” had been killed in a strike on an alleged drug smuggling boat in the Caribbean Sea overnight.

A still from footage purporting to show the boat seconds before the airstrike,  posted by US Secretary of War Pete Hegseth on X
Image:
A still from footage purporting to show the boat seconds before the airstrike, posted by US Secretary of War Pete Hegseth on X

Pete Hegseth said his military had bombed a vessel which he claimed was operated by Tren de Aragua – a Venezuelan gang designated a terror group by Washington in February.

Writing on X, he claimed that the boat was involved in “illicit narcotics smuggling” and was transiting along a “known narco-trafficking route” when it was struck during the night.

All six men on board the boat, which was in international waters, were killed and no US forces were harmed, he said.

Ten vessels have now been bombed in recent weeks, killing more than 40 people.

Mr Hegseth added: “If you are a narco-terrorist smuggling drugs in our hemisphere, we will treat you like we treat al Qaeda. Day or NIGHT, we will map your networks, track your people, hunt you down, and kill you.”

While he did not provide any evidence that the vessel was carrying drugs, he did share a 20-second video that appeared to show a boat being hit by a projectile before exploding.

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Footage of a previous US strike on a suspected drugs boat earlier this week

Speaking during a White House press conference last week, Donald Trump argued that the campaign would help tackle the US’s opioid crisis.

“Every boat that we knock out, we save 25,000 American lives. So every time you see a boat, and you feel badly you say, ‘Wow, that’s rough’. It is rough, but if you lose three people and save 25,000 people,” he said.

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On Thursday, appearing at a press conference with Mr Hegseth, Mr Trump said that it was necessary to kill the alleged smugglers, because if they were arrested they would only return to transport drugs “again and again and again”.

“They don’t fear that, they have no fear,” he told reporters.

The attacks at sea would soon be followed by operations on land against drug smuggling cartels, Mr Trump claimed.

“We’re going to kill them,” he added. “They’re going to be, like, dead.”

Some Democratic politicians have expressed concerns that the strikes risk dragging the US into a war with Venezuela because of their proximity to the South American country’s coast.

Others have condemned the attacks as extrajudicial killings that would not stand up in a court of law.

Jim Himes, a member of the House of Representatives, told CBS News earlier this month: “They are illegal killings because the notion that the United States – and this is what the administration says is their justification – is involved in an armed conflict with any drug dealers, any Venezuelan drug dealers, is ludicrous.”

He claimed that Congress had been told “nothing” about who was on the boats and how they were identified as a threat.

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Child killer executed in Tennessee ‘showed signs of life’ two minutes after his ‘death’

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Child killer executed in Tennessee 'showed signs of life' two minutes after his 'death'

A convicted child killer executed in Tennessee showed signs of “sustained cardiac activity” two minutes after he was pronounced dead, his lawyer has claimed.

Byron Black, who shot dead his girlfriend Angela Clay and her two daughters, aged six and nine, in a jealous rage in 1988, was executed in August by a lethal injection.

Alleged issues about his case were raised on Friday as part of a lawsuit challenging the US state‘s lethal injection policies, amid claims they violate both federal and state constitutional bans on cruel and unusual punishment.

The latest proceedings in Nashville were held to consider whether attorneys representing death row inmates in the lawsuit will be allowed to depose key people involved in carrying out executions in Tennessee.

The court heard that concerns had been raised before the execution that Black was being put to death with a working defibrillator implanted in his chest.

There were fears that the device would shock his heart when the lethal chemicals took effect.

The Death Penalty Information Center, which provides data on such matters, said it was unaware of any similar cases.

Seven media witnesses said Black appeared to be in discomfort during the execution. He looked around the room as the execution began, and could be heard sighing and breathing heavily, the AP news agency reported at the time.

An electrocardiogram monitoring his heart recorded cardiac activity after he was pronounced dead, his lawyer Kelley Henry told a judge on Friday.

Read more from Sky News:
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Ms Henry, who is leading a group of federal public defenders representing death row inmates in the US state, said only the people who were there would be able to answer the question of what went wrong during Black’s execution.

“At one point, the blanket was pulled down to expose the IV,” she told the court.

“Why? Did the IV come out? Is that the reason that Mr Black exclaimed ‘it’s hurting so bad’? Is the EKG (electrocardiogram) correct?”

A full trial in the case is scheduled to be heard in April.

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How much of the White House is Trump demolishing?

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How much of the White House is Trump demolishing?

👉 Follow Trump100 on your podcast app 👈 

Donald Trump begins bulldozing much of the White House as his plans to build a mega ballroom begin – without planning permission, nor true clarity as to how it’s all being funded.

There are aesthetic questions, historical questions and ethical questions. We dig into what they are.

And – who is the young Democratic socialist about to become New York City’s first Muslim mayor? We tell you everything you need to know about Zohran Mamdani.

You can also watch all episodes on our YouTube channel – and watch David Blevins’ digital video on the White House ballroom here.

Email us on trump100@sky.uk with your comments and questions.

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