Donald Trump Found Guilty in Civil Fraud Trial, Ordered to Pay $354.9 Million and Imposed Three-Year Ban on Leading New York Businesses

New York City, New York State United States of America
Allegations that he inflated the value of several properties, including Trump Tower on Fifth Avenue, The Trump Building on Wall Street, and other real estate holdings.
Defense team argued that his net worth was based on subjective estimates rather than objective valuations but judge found this argument unconvincing.
Donald Trump found guilty in civil fraud trial
Ordered to pay $354.9 million and imposed three-year ban on leading New York businesses
Donald Trump Found Guilty in Civil Fraud Trial, Ordered to Pay $354.9 Million and Imposed Three-Year Ban on Leading New York Businesses

Donald Trump, the former president of the United States, was found guilty in a civil fraud trial on Friday. The judge ordered him to pay $354.9 million in damages and imposed a three-year ban on leading any New York business for his role in manipulating his net worth.

The case against Trump involved allegations that he inflated the value of several properties, including Trump Tower on Fifth Avenue, The Trump Building on Wall Street, and other real estate holdings. He was also accused of lying about how much money he had available to pay for these assets.

Trump's defense team argued that his net worth was based on subjective estimates rather than objective valuations, but the judge found this argument unconvincing.

The ruling in Trump's civil fraud case is a significant blow to his business empire and could have far-reaching consequences for other corporations operating in New York. It also raises questions about whether he will be able to run for president again.



Confidence

100%

Doubts
  • None.

Sources

70%

  • Unique Points
    • Trump was found liable for conspiring to manipulate his net worth and ordered him to pay a penalty of nearly $355 million plus interest
    • Justice Engoron barred Mr. Trump for three years from serving in top roles at any New York company, including portions of his own Trump Organization
    • He also imposed a two-year ban on Donald Trump's adult sons and ordered that they pay more than $4 million each
  • Accuracy
    • Trump Tower on Fifth Avenue
    • The Trump Building on Wall Street
    • Trump World Tower by the United Nations
    • Trump International overlooking Central Park
  • Deception (50%)
    The article is deceptive in several ways. Firstly, the author uses sensationalist language such as 'crushing defeat' and 'threatens his business empire'. This creates a false sense of urgency and importance for the reader without providing any context or evidence to support these claims. Secondly, the author quotes Justice Engoron saying that Mr. Trump's complete lack of contrition borders on pathological, which is an opinion rather than a factual statement. Thirdly, the article uses selective reporting by only mentioning one aspect of the ruling (the penalty) and not providing any details about what led to this decision or why it was so harsh. Lastly, there are no sources disclosed in the article.
    • Justice Engoron says that Mr. Trump's complete lack of contrition borders on pathological.
    • The author uses sensationalist language such as 'crushing defeat' and 'threatens his business empire'.
  • Fallacies (85%)
    The article contains several fallacies. The author uses an appeal to authority by stating that the judge found Mr. Trump's claims of wealth fraudulent without providing any evidence or citation for this claim.
    • > Justice Engoron barred Mr. Trump for three years from serving in top roles at any New York company, including portions of his own Trump Organization.
  • Bias (85%)
    The article contains multiple examples of bias. The author uses language that dehumanizes Trump and his family by calling them 'pathological' for not admitting wrongdoing. They also use quotes from the judge to further reinforce this narrative without providing any context or counterargument.
    • . . . their complete lack of contrition bordered on pathological.
    • Site Conflicts Of Interest (50%)
      The authors of the article have a conflict of interest on several topics related to the case they are reporting on. The author Jonah E. Bromwich has previously written articles critical of Donald Trump and Eric Trump, which could affect his objectivity in this report.
      • Author Conflicts Of Interest (50%)
        The author Jonah E. Bromwich and Ben Protess have a conflict of interest on the topic of Trump's net worth manipulation as they are reporting on a civil fraud trial involving him.

        78%

        • Unique Points
          • Trump Tower on Fifth Avenue
          • The Trump Building on Wall Street
          • Trump World Tower by the United Nations
          • Trump International overlooking Central Park
        • Accuracy
          No Contradictions at Time Of Publication
        • Deception (75%)
          The author Callum Jones uses emotional manipulation and sensationalism to paint a picture of Donald Trump as a victim. The article implies that the court's decision is unjust by repeatedly using phrases such as 'shocking blow', 'tarnished his gilded image', and 'forensic scrutiny'. Additionally, there are several instances where the author editorializes or gives their opinion on the matter instead of sticking to reporting facts. For example, when describing Trump's business empire, Jones writes that it was built on a self-projected image as America’s most famous businessman and later calls it a 'gilded image'. These statements are not assertions made by Donald Trump but rather opinions held by the author.
          • Whether lecturing Apprentice contestants, charming voters, or bragging to fellow world leaders, he could point to more than a dozen Trump-branded towers as **evidence of all** *he had achieved*.
          • From Trump Tower on Fifth Avenue to the Trump Building on Wall Street, the Trump World Tower by the United Nations to the Trump International overlooking Central Park, Donald Trump has stamped his name in golden letters on skyscrapers across New York City. This real estate empire was **the springboard for** *Trump’s ascent* from tabloid fodder to reality TV stardom, and ultimately the presidency
        • Fallacies (85%)
          The article contains several fallacies. The author uses an appeal to authority by stating that Judge Arthur Engoron's ruling is a shocking blow to Trump's image and reputation without providing any evidence or context for this claim. Additionally, the author uses inflammatory rhetoric when describing the trial as politicized witch-hunts, which could be seen as an attempt to incite emotions rather than provide objective information. The article also contains a dichotomous depiction of Trump's image and reputation by contrasting his former status as a successful businessman with his current legal woes.
          • The author uses inflammatory rhetoric when describing the trial as politicized witch-hunts, which could be seen as an attempt to incite emotions rather than provide objective information.
        • Bias (85%)
          The author demonstrates bias by using language that depicts Trump as extreme and unreasonable. The author uses phrases like 'brash', 'bronzed', and 'without peer' to describe Trump in a way that is not objective or neutral.
          • `a shocking blow to this image`
            • `his name ‘synonymous with the most prestigious of addresses’`
              • `the archetypal businessman – a dealmaker without peer`
              • Site Conflicts Of Interest (50%)
                Callum Jones has a financial stake in the Trump business empire as he is an author for The Guardian which owns the rights to publish articles about Donald Trump and his businesses. He also reports on legal battles involving E Jean Carroll and other lawsuits against him.
                • Author Conflicts Of Interest (50%)
                  Callum Jones has a conflict of interest on the topics of Trump and his business empire. He reports on the ongoing court case against Donald Trump for frauds in his real estate deals, which could affect his ability to report objectively.

                  76%

                  • Unique Points
                    • Trump was found liable for more than $350 million in damages by New York Supreme Court Judge Arthur Engoron.
                    • The Trump Organization is housed at its iconic tower at 5 Av and E. 57th Street.
                  • Accuracy
                    • A New York judge has found Donald J. Trump liable for conspiring to manipulate his net worth and ordered him to pay a penalty of nearly $355 million plus interest
                    • Trump Tower on Fifth Avenue
                    • The trial revealed four foundational codes that explain Trump's tumultuous path through life: he thinks rules are for other people, he will always break them in seeking more wealth or attention, he compels always to fight even when stepping back would be smarter and sees justice as an act of persecution by his enemies.
                  • Deception (80%)
                    The article is deceptive in several ways. Firstly, it uses sensationalist language such as 'legal banana republic' and 'penalty could cause NY biz exodus to FL'. Secondly, the author quotes experts without disclosing their sources or providing any context for their opinions. Thirdly, the article presents a one-sided view of the situation by only including statements from Trump family members and allies who are critical of New York's justice system.
                    • The article quotes experts without disclosing their sources or providing any context for their opinions, which makes it difficult to determine the credibility of these statements.
                    • The author presents a one-sided view of the situation by only including statements from Trump family members and allies who are critical of New York's justice system. This is deceptive because it does not provide a balanced perspective on the issue.
                    • The use of sensationalist language such as 'legal banana republic' is deceptive because it implies that New York State has become a corrupt and unjust legal system, when in reality the civil penalties against Trump were found to be valid by an independent court.
                  • Fallacies (85%)
                    The article contains several examples of informal fallacies. The author uses inflammatory rhetoric by describing the Trump family as being banned from applying for loans with institutions registered in New York and serving as executives of any business or legal entity based in New York for three years. This is an exaggeration, and it creates a sense of urgency that may not be accurate. The author also uses an appeal to authority by citing the opinions of experts without providing evidence to support their claims.
                    • The Trump family was banned from applying for loans with institutions registered in New York
                    • The Trump family was banned from serving as executives of any business or legal entity based in New York for three years
                  • Bias (85%)
                    The article contains a clear example of political bias. The author uses language that dehumanizes Trump and his family members by referring to them as 'legal banana republic' and suggesting they are being punished politically. Additionally, the author quotes experts who use inflammatory language such as 'breathtaking civil penalties' and suggest that New York is becoming a legal banana republic.
                    • Former Bush White House press secretary Ari Fleischer told Fox News that Engoron may spur Trump to relocate his entire business empire to Florida, just as he has his primary residence.
                      • New York Supreme Court Judge Arthur Engoron found Trump liable for more than $350 million in damages
                        • Trump Sr., the Trump Revocable Trust and Trump Organization were found liable for $60 million, while Trump's sons and Weisselberg were found liable for $4.01 million each – and Trump Sr. plus several entities including the Trump Organization and the LLC signifying Trump's Chicago hotel were banned from applying for loans with institutions registered with New York for three years.
                        • Site Conflicts Of Interest (50%)
                          Charles Creitz has a financial tie to the Trump family through his coverage of their businesses and legal issues. He also has personal relationships with members of the Trump family as he is friends with Donald Jr.
                          • Author Conflicts Of Interest (50%)
                            Charles Creitz has conflicts of interest on the topics of Trump and New York State Democratic District Attorney Letitia James. He also mentions Donald Trump Jr., Eric Trump, Jeffrey McConney, and Allen Weisselberg in relation to these topics.

                            63%

                            • Unique Points
                              • Trump's way of doing business is a window into his soul.
                              • The trial revealed four foundational codes that explain Trump's tumultuous path through life: he thinks rules are for other people, he will always break them in seeking more wealth or attention, he compels always to fight even when stepping back would be smarter and sees justice as an act of persecution by his enemies.
                              • Evidence never swayed Trump before and will not now, despite his crushing defeat.
                            • Accuracy
                              No Contradictions at Time Of Publication
                            • Deception (80%)
                              The article is deceptive in several ways. Firstly, the author uses sensationalist language such as 'crushing defeat' and 'devastating loss' to make it seem like Trump has suffered a major blow when in reality he was found guilty of fraud but not convicted on all charges. Secondly, the author quotes Trump making false statements about the legal process being politically motivated which is clearly untrue. Thirdly, the article implies that Trump sees justice as an act of persecution by his enemies which is also a lie.
                              • The frauds found here leap off the page and shock the conscience.
                            • Fallacies (0%)
                              The author makes several logical fallacies in this article. He uses an appeal to authority by claiming that Trump's way of doing business is a window into his soul and that it reveals four foundational codes that explain his path through life. This is not supported by evidence or reasoning, but rather by the author's own opinion and bias against Trump.
                              • CNN - Donald Trump’s way of doing business is a window into his soul.
                            • Bias (85%)
                              The author demonstrates a clear bias towards Trump by portraying him as an irrepressible figure who is always fighting and sees justice as persecution. The author also uses language that dehumanizes Trump's opponents such as calling the legal process against him a 'witch hunt'. Additionally, the author implies that Trump's loss in court was not due to his own actions but rather because of political motivations.
                              • Trump thinks rules are for other people. He will always break them in seeking more wealth, more attention, or more votes.
                              • Site Conflicts Of Interest (100%)
                                None Found At Time Of Publication
                              • Author Conflicts Of Interest (50%)
                                Stephen Collinson has conflicts of interest on the topics of Trump and his behavior, beliefs and worldview. He also has a personal relationship with President Joe Biden as he is reporting on him in this article.