A huge penalty for deceiving lenders about the value of his properties and his own net worth, if upheld, leaves Donald J. Trump in a perilous financial position.
For more than three years, Justice Arthur F. Engoron has been ruling against the former president. On Friday, he handed Donald J. Trump a loss in his civil fraud trial.
The judge’s ruling in Donald J. Trump’s civil fraud case could cost him all his available cash. It also bars the former president from running a business in the state for three years.