While Trump is personally on the hook for almost $355 million of that penalty, Donald Trump, Jr., and Eric Trump must pay $4 million each.
It targets his real-estate and golf resort empire, the Trump Organization, and does so in two ways that Trump has pushed against for years.
AdvertisementIn a statement, a Trump Organization spokesperson decried the verdict as a "gross miscarriage of justice."
Donald Trump, Jr., and Eric Trump are banned from running a New York business for two years.
And it bans the two former executives, ex-CFO Allen Weisselberg and ex-Controller Jeff McConney, from controlling the finances of another New York company.
Persons:
—, Donald Trump's, Arthur Engoron, Trump, Donald Trump , Jr, Eric Trump, Allen Weisselberg, Letitia James, James, Judge Engoron, Donald Trump, Bernard Madoff, Read, Jeff McConney
Organizations:
Service, New York, Business, Trump, Trump Organization, Trump Org, New
Locations:
York, Trump Organization's, Manhattan, New York