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Civil Fraud Trial and Potential Penalties
This chapter provides an update on a civil trial in New York involving the Trump organization. The court has entered summary judgment for the state of New York, stating that there is evidence supporting the claim that the Trump organization engaged in fraud by inflating the value of their real estate holdings. The chapter discusses the potential penalties in the civil fraud trial against the Trump organization, including seeking $250 million in damages and barring certain Trump family members from serving as officers of any New York state business.