The ruling also bars Trump and his company from applying for any bank loans for three years.
In his first public remarks after the ruling, Trump said, “We’ll appeal and we’ll be successful.”.
Trump is currently running for the White House for a third time.
In posts on his social media platform Truth Social, Trump called the ruling “an illegal, unAmerican judgment against me, my family, and my tremendous business.”.
In explaining the need for a monitor, the judge cited the lack of remorse by Trump and his executives after the fraud was discovered.
In a summary judgment ruling the week before the trial started, Engoron found Trump and his executives had repeatedly engaged in fraud.
“He said I was a fraud before he knew anything about me, nothing about me,” Trump said. »
