New York Supreme Court Justice Arthur Engoron’s ruling in the long-running civil fraud trial of former President Donald Trump will also increase pressure on, and scrutiny of, lenders and appraisers in the commercial real estate market, a realtor tells The Epoch Times.
The ruling not only imposes a $355 million penalty on President Trump but also bars him from operating businesses in New York for three years, suspends his sons Eric and Donald Jr. from doing so for two years, and slaps each of them with a $4 million fine.