A judge has ordered Donald Trump, former United States president, to pay nearly $354.9 million in a ruling in the New York civil fraud case.
Trump is also barred from serving as an officer or director of any New York corporation or other legal entity in the state for three years.
The other defendants include Trump’s eldest sons, their companies, and some of the former president’s organisation executives.
In a 92-page ruling on Friday, Arthur Engoron, presiding judge, said “this Court finds that defendants are likely to continue their fraudulent ways unless the Court grants significant injunctive relief”.
Engoron described Trump and his associates as unremorseful, saying “their complete lack of contrition and remorse borders on pathological”.
“This is a venial sin, not a mortal sin,” the judge said tartly,” he added.
“Defendants did not commit murder or arson. They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff.