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Judge orders Trump to pay millions in New York civil fraud case

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The judge overseeing the civil fraud case against former President Donald Trump and the Trump Organization has issued his long-awaited ruling.

Judge Arthur Engoron handed down his judgment in a 92-page decision on Friday, ordering them to pay over $350 million in penalties.

Trump is expected to appeal.

The judge’s decision comes five weeks after the trial in the case concluded

New York Attorney General Letitia James brought the civil suit in 2022, asked the judge to bar Trump from doing business in the state and sought a penalty of $250 million, a figure her office increased to $370 million by the end of the trial. Trump, the Trump Organization and several executives, including his two eldest sons, Donald Jr. and Eric Trump, were named as co-defendants in the suit.

Trump and his legal team long expected a defeat, with the former president decrying the case as “rigged” and a “sham” and his lawyers laying the groundwork for an appeal before the judgment was even issued. 

Even before Friday’s ruling, the judge had largely affirmed James’ allegations that Trump and others at his company inflated valuations of his properties by hundreds of millions of dollars over the course of a decade, and misrepresented his wealth by billions. The scheme, the state said, was meant to trick banks and insurers into offering more favorable deal terms.

Engoron ruled in September that Trump and the other defendants were liable for fraud, based on the evidence presented through pretrial filings.

The trial, which began in October, focused on other aspects of the lawsuit related to alleged falsification of business records, issuing false financial statements, insurance fraud and conspiracy.

The financial penalty James sought, known as disgorgement, is meant to claw back the amount Trump and his company benefited from the scheme. (Under New York law, disgorgement cases are decided by a judge, not a jury.) 

Ivanka Trump, the former president’s daughter and once an executive at the Trump Organization, was originally named as a defendant in the suit, but an appellate court later dismissed allegations against her, citing the state’s statute of limitations.

What were the Trumps accused of?

The lawsuit laid out seven causes of actions — the claims of illegal conduct that James’ office said entitled the state to claw back ill-gotten profits and warranted severe sanctions against the defendants:

  • Persistent and Repeated Fraud
  • Falsifying Business Records
  • Conspiracy to Falsify Business Records
  • Issuing False Financial Statements
  • Conspiracy to Falsify False Financial Statements
  • Insurance Fraud
  • Conspiracy to Commit Insurance Fraud

The claims revolve around financial statements given by Trump and his company to banks and insurers.  The statements were prepared by accounting firms using spreadsheets of underlying data that included vast inflations of Trump property valuations.

The defendants lost on the first claim, persistent and repeated fraud, before the trial even started.

The Sept. 26 fraud ruling

Engoron agreed in September with James’ office that it was beyond dispute, based on evidence presented through pretrial filings, that Trump and his company provided banks with financial statements that misrepresented his wealth by billions.

“The documents here clearly contain fraudulent valuations that defendants used in business,” Engoron wrote in the Sept. 26 ruling.

Engoron found as fact in that ruling that Trump and the company overstated the valuations of many properties by hundreds of millions of dollars. He cited the Palm Beach Assessor valuation of Trump’s Mar-a-Lago club at between $18 million and $28 million for each year between 2011 and 2021 — the values for which he paid local property taxes. During those years, Trump valued the property at between $328 million and $714 million on his annual statements of financial conditions.

Trump seized on the Mar-a-Lago valuation, complaining about it frequently during public appearances, in social media posts, and in his own defense at trial.

Trump’s testimony at the trial

Donald Trump and three of his children testified during the trial, which began on Oct. 2 and ran for more than three months. 

Ivanka Trump and her brothers said they couldn’t recall many of the interactions at the center of the case, including deliberations related to efforts to secure financing and insurance for Trump property developments. Eric and Donald Trump Jr. both sought to pin blame on the company’s accountants, claiming they had little involvement in the preparation of financial statements that misrepresented the values of company properties.

The former president took the stand on Nov. 6, stopping to address the media on his way into court. “It’s a very sad situation for our country,” he said.

Under oath, he gave long-winded answers, seeming to test the judge’s patience. At one point Engoron addressed Trump’s lawyers, saying, “We got another speech,” and urging them to “control him if you can.”

As questioning continued, Trump defended the valuations of various Trump Organization properties said the company’s statements of financial condition included a disclaimer that absolved him of responsibility for inaccuracies.

Lawyers for the Trumps argued that the financial statements were accurate and well done, and also that valuations are subjective. They said that documents James’ lawyers called evidence of fraud were actually evidence of Trump’s “genius.” Any misrepresentations or breaks with accepted accounting practices were his accountants fault, they said.

The former president himself also blamed his accountants, but maintained that his financial statements actually undervalued his properties and net worth.

“I’m worth more than the numbers in the statement,” Trump said.

This is a breaking news story and will be updated.



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Famous mama grizzly bear killed by car “stepped right out into the road” before collision, Wyoming officials say

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The driver who struck and killed a famous grizzly bear south of Grand Teton National Park earlier this week was not speeding and the bear’s death was an accident, law enforcement officers said Friday.

The death of grizzly No. 399 on Tuesday night in the Snake River Canyon south of Jackson saddened tourists, wildlife biologists and amateur and professional photographers who for years studied and captured images of the bear and her many cubs and followed her comings and goings on social media sites.

“The bear stepped right out into the road,” Lincoln County Sheriff’s Patrol Lt. John Stetzenbach told the Jackson Hole News & Guide on Friday. The driver “was unable to brake in time to avoid the bear, and the collision occurred.”

He said the collision “truly was an accident” and that the driver was not speeding or distracted and was not cited. The Subaru that hit the bear had to be towed from the scene, Stetzenbach said.

He declined to identify the driver, noting some online comments blamed the driver for the bear’s death.

Wyoming's Famed National Parks Continue Phased Reopening
 A Grizzly bear named “399” walks with her four cubs along the main highway near Signal Mountain on June 15, 2020 outside Jackson, Wyoming. 

George Frey / Getty Images


At 28 years old, No. 399 was the oldest known reproducing female grizzly in the Yellowstone ecosystem. Each spring, wildlife enthusiasts eagerly awaited her emergence from her den to see how many cubs she had birthed over the winter – then quickly shared the news online. The bear had 18 known cubs in eight litters over the years, including a litter of four in 2020. She stood around 7 feet tall and weighed about 400 pounds.

Named for the identity tag attached to her ear by researchers, the grizzly was often seen near roads in Grand Teton, drawing crowds and creating traffic jams.

Wildlife photographer Thomas D. Mangelsen previously described the bear as his muse.

“Her intelligence, her behavior, her beauty,” Mangelsen told “60 Minutes” in 2018. “The fact that she’s had all these offspring. There’s not many bears that I know of that’s had three sets of triplets.”

Grand Teton bear biologist Justin Schwabedissen said Thursday that he believes her yearling cub, which was apparently not struck, will survive on its own.

Authorities said 49 grizzly bears died because of vehicle collisions between 2009 and 2023. 

Grizzly bears generally live to be around 25, though some in the wild have lived for over 35 years, according to the Fish & Wildlife Service.

Before 1800, there were an estimated 50,000 grizzly bears living throughout 18 western States, including Wyoming, according to the Fish and Wildlife Service. By 1975, the population in the 48 contiguous states was reduced to between 700 to 800. 

After decades of being listed as threatened in the lower 48 states under the U.S.  Endangered Species Act, the population has grown to at least 1,923 grizzly bears in the 48 contiguous states.

contributed to this report.



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Axe taken from crime scene after Montana camper’s brutal murder, authorities say, as killer remains at large

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Two weeks after a camper in Montana was savagely killed in his tent, authorities say they are looking for a large axe and other items that were likely taken from the crime scene.

Dustin Kjersem, 35, was found dead in his tent earlier this month by a friend who reported Kjersem appeared to have been killed by a bear — but officials soon discovered the camper was actually the victim of a brutal murder.

In a social media post, the Gallatin County Sheriff’s Office said it’s continuing to investigate the circumstances surrounding the homicide and asked the public to be on the lookout for a large axe and several items that are “believed to have been removed from the scene of the crime.”

Specifically, authorities said they were looking for a blue and silver Estwing camp axe, likely with a 26″ handle, as well as a Remington 11-87 12ga shotgun and Ruger Blackhawk .44mag revolver. The sheriff’s office said it was also looking for an orange Tundra 45 cooler made by YETI.

“If you see these items, don’t touch them and immediately report them,” the office said in the post, which included images of the axe and cooler.

The Gallatin County Sheriff’s Office continues to investigate the circumstances surrounding the homicide of Dustin…

Posted by Gallatin County Sheriff’s Office on Thursday, October 24, 2024

“We appreciate the information that has been provided by the community and multiple leads are being investigated,” the office added.

Earlier this month, a friend discovered Kjersem’s body in a tent at a makeshift campsite along Moose Creek Road and called 911, telling responders the death appeared to have been caused by a bear attack, the sheriff’s office previously said.

But a state wildlife official found no signs of bear activity, and investigators said they soon found evidence of a “vicious attack.” An autopsy later showed Kjersem sustained “multiple chop wounds,” including to his skull.

“He was brutally killed at his campsite and we need your help,” Gallatin County Sheriff Dan Springer said previously, adding that his detectives were working “all hours of day and night to find his killer.”

dustin-463429997-873040798350582-4487928707270897907-n.jpg
  Dustin Kjersem

Gallatin County Sheriff’s Office


No suspects have been identified, and Springer said the remote area of the crime scene, where there is no cellphone service, was making the investigation more difficult than most cases.

“People have asked me if there’s a threat to this community and the answer is we don’t know. We don’t have enough information to know at this time,” he said.

Kjersem’s sister Jillian Price said her brother was a skilled tradesman and a doting father.

“I don’t understand why the world’s just not stopping and looking for who did this to him,” Price told the Bozeman Daily Chronicle. “Please, I mean he deserves that. I need that.”

A GoFundMe set up for Kjersem’s children has raised more than $24,000.





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Gérard Depardieu skipping hearing on alleged sex assaults of 2 women, lawyer says, citing health reasons

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Paris — French actor Gérard Depardieu, who is facing trial for the alleged sexual assaults of two women on a film set in 2021, won’t appear before a criminal court in Paris on Monday due to health reasons, his lawyer said.

Depardieu, who previously has denied any wrongdoing, is accused of using “violence, coercion, surprise or threat” in the alleged assault, which prosecutors said took place on the set of “Les Volets verts” (“The Green Shutters”).

Lawyer Jérémie Assous said doctors say the actor’s health doesn’t enable him to appear for the opening of the trial on Monday.

FILE PHOTO: Gerard Depardieu waves as he arrives during a red carpet event for the movie
Actor Gerard Depardieu waves as he arrives during a red carpet event for the movie “Novecento- Atto Primo,” at the 74th Venice Film Festival in Venice, Italy, Sept. 5, 2017.

Alessandro Bianchi / REUTERS


Depardieu “is deeply affected and unfortunately his doctors don’t allow him to appear at the hearing,” Assous told France Info radio.

Assous said he will ask the court for the postponement of the trial because his client “wishes to come, wants to express himself.”

Prosecutors say that in both cases, victims reported that the 75-year-old actor trapped them between his legs and groped their buttocks, genitals, chest and breasts over their clothes.

The trial was scheduled as France continues to reckon with sexual violence in the wake of the #MeToo movement that struggled to find traction, especially in the cinema industry.

One woman’s allegations  

One of the victims has been identified as a 53-year-old production designer. The Associated Press doesn’t generally identify victims of sexual assault without their consent. Her lawyer did not respond to an AP’s email on that matter.

According to Paris prosecutors, the woman told investigators that she’d first heard sexual remarks from Depardieu and then one day, as she walked past him, he had “grabbed her, pulled her toward him, blocked her with his legs, and groped her waist, hips and chest, accompanying his gestures with obscene remarks.”

Three people witnessed it, prosecutors said, confirming that the woman made an attempt to break away from Depardieu’s grip and that she seemed “shocked.” A psychiatrist’s examination resulted in her being granted a seven-day leave.

After the incident, it was arranged for Depardieu to apologize. But in a TV interview aired Saturday, the woman said the actor was furious and blamed her for causing trouble. Prosecutors said witnesses confirmed that what Depardieu had said did not constitute an apology.

In the interview with French online news site Mediapart, the production designer – who spoke on camera but only gave her first name – said the alleged assault had taken a toll on her personal and professional life for at least 1 1/2 years. She said she could not sleep well, suffered anxiety attacks and lost weight.

The woman, according to prosecutors, said it had taken her a while to file a complaint but she decided to do so after hearing on television that there had never been an incident during the shoot.

Another woman’s allegations

The month before the alleged assault, another woman also working on the film’s set had complained about Depardieu, Paris prosecutors said.

A director’s assistant told investigators Depardieu had touched her buttocks on several occasions. She had expressed her disapproval and in return, Depardieu, she said, had been insulting toward her. She was also given a six-day leave by a psychiatrist.

Assous, Depardieu’s lawyer, told the AP in an email Saturday that “the witnesses and evidence (Depardieu) will produce will demonstrate that he is the target of false accusations.”

Despite the allegations against Depardieu, many have come out in his support, including French President Emmanuel Macron.

Late last year, 56 French performers, writers and producers published an essay defending the film star, saying that when “Gérard Depardieu is targeted this way, it is the art (of cinema) that is being attacked.

Prior allegations

Their call came just weeks after national broadcaster France 2 put out a documentary outlining accusations of sexual misconduct by 16 women against Depardieu and showed the actor making obscene remarks and gestures during a 2018 trip to North Korea.

In the footage, Depardieu can be seen making groaning sounds and sexual comments in front of women, including a girl about 10 years old who is horseback riding. He can also be seen posing for a photo, saying he was “touching the bottom” of a North Korean interpreter by his side.

He was charged in 2021 with rape and sexual assault after authorities revived a 2018 investigation that was initially dropped, following allegations from actor Charlotte Arnould.

In an open letter published in the conservative-leaning newspaper Le Figaro, Depardieu said last year: “I have never, ever abused a woman.”

The actor was long seen as a national icon in France. He has been a global ambassador for French film and enjoyed international fame with several roles in Hollywood.

Earlier this year, actor Judith Godrèche called on France’s film industry to “face the truth” on sexual violence and physical abuse during the Cesar Awards ceremony, France’s version of the Oscars.

Godrèche had previously alleged two prominent filmmakers sexually abused her when she was a teen, sending new shockwaves through the industry.

More recently, the ongoing trial of 50 men accused of raping a woman who had been previously drugged and rendered unconscious by her husband shook the country. Protests spread nationwide last weekend in support of the victim, a mother and grandmother in her early 70s, who has become a hero to many victims of sexual violence for insisting that her trial be open to the public.



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