Ben Protess and Jonah E. Bromwich

In the civil fraud case brought by Attorney General Letitia James, the little-known measure could mean hundreds of millions in penalties.

Michael D. Cohen once said he would take a bullet for the former president. Instead, he’s giving testimony against him.

The former president faces 34 felony counts in connection with a hush-money payment to a porn star before the 2016 election.

The former president’s family business will be forever tarred, but the maximum penalty it faces is relatively mild.