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Trump ordered to pay $355m for lying about his wealth in staggering civil fraud ruling

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Trump ordered to pay $355m for lying about his wealth in staggering civil fraud ruling
 • Ex-US President Trump
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A New York judge ordered Donald Trump on Friday to pay $355 million in penalties, finding that the former president lied about his wealth for years in a sweeping civil fraud verdict that pierces his billionaire image but stops short of putting his real estate empire out of business.

Judge Arthur Engoron’s decision after a trial in New York Attorney General Letitia James’ lawsuit punishes Trump, his company and executives, including his two eldest sons, for scheming to dupe banks, insurers and others by inflating his wealth on financial statements. It forces a shakeup at the top of his Trump Organization, putting the company under court supervision and curtailing how it does business.

The decision is a staggering setback for the Republican presidential front-runner, the latest and costliest consequence of his recent legal troubles. The magnitude of the verdict on top of penalties in other cases could dramatically dent Trump’s financial resources and damage his identity as a savvy businessman who parlayed his fame as a real estate developer into reality TV stardom and the presidency. He has vowed to appeal and won’t have to pay immediately.

Trump’s true punishment could be far costlier because under state law he is also required to pay interest on the penalties, which James said puts him on the hook for a total of more than $450 million. The amount, which would be paid to the state, will grow until he pays.

The judge made clear, however, that the Trump Organization will continue to operate, backing away from an earlier ruling that would have dissolved Trump’s companies.

Engoron, a Democrat, concluded that Trump and his company were “likely to continue their fraudulent ways” without the penalties and controls he imposed. Engoron concluded that Trump and his co-defendants “failed to accept responsibility” and that experts who testified on his behalf “simply denied reality.”

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“This is a venial sin, not a mortal sin,” Engoron wrote in a searing 92-page opinion. “They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways.”

He said their “complete lack of contrition and remorse borders on pathological” and “the frauds found here leap off the page and shock the conscience.”

Trump said the decision was “election inference” and “weaponization against a political opponent,” complaining to reporters at his Mar-a-Lago estate in Florida that he was being penalized for “having built a perfect company, great cash, great buildings, great everything.”

James, a Democrat, told reporters “justice has been served” and called the ruling “a tremendous victory for this state, this nation, and for everyone who believes that we all must play by the same rules — even former presidents.”

“Now, Donald Trump is finally facing accountability for his lying, cheating, and staggering fraud. Because no matter how big, rich or powerful you think you are, no one is above the law,” James said.

Trump still owns the Trump Organization, but he put his assets into a revocable trust and relinquished a leadership role when he became president in 2017, putting his sons Eric and Donald Trump Jr. in charge of day-to-day operations. Engoron’s ruling imposes a three-year ban on Trump serving as an officer or director of any New York company and bars his sons for two years, effectively requiring the company to find new leadership, at least temporarily.

The monetary penalties involve what Engoron said were “ill-gotten gains” that Trump attained by making himself seem richer. They include money Trump saved by securing lower loan interest rates and profits from the sale of properties that he might not have been able to develop without that financing.

AP

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Six people missing as plane vanishes from Bermuda to Boston

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Six people are missing after a private jet vanished, sparking a major search off the coast of Nantucket in the US. Picture: X
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There are grave fears for the passengers of a private plane that suddenly vanished mid-flight, sparking a major search off the coast of the US.

Six people are missing after a private jet vanished en route from Bermuda to Boston, sparking a major search off the coast of Nantucket in the US.

US authorities say the Gulfstream G100 lost contact with air traffic control about 2am local time on Saturday (4pm Saturday AET) while flying from L.F. Wade International Airport in Bermuda to Boston Logan International Airport.

The US Coast Guard said the Federal Aviation Administration alerted it after contact was lost with the aircraft – which plummeted from 23,500 feet to 11,000 feet in just three minutes, according to FlightAware data.

“We are praying for a safe outcome,” a spokesperson for Latitude Air Ambulance, which operates the missing plane, told City News.

A search is now under way off Nantucket in the air and on water as crews work to locate the missing jet, the Coast Guard said. Data from FlightRadar24 showed a number of aircraft searching south of the island.

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Six people are missing after a private jet vanished, sparking a major search off the coast of Nantucket in the US.

The plane was en route from Bermuda to Boston when it vanished.

“Air & surface crews have launched in search of the aircraft. Updates will be provided here as info becomes available,” the Coast Guard Northeast District said on X.

The plane was carrying out a medical evacuation in Bermuda – a British overseas territory in the north Atlantic Ocean, according to Clarence Togeretz, Director of Flight Operations at Latitude Air Ambulance.

“We always get rather concerned when our crew doesn’t report to us in a timely manner,” he told NBC News.

“But I will say that again, optimistically and positively, that doesn’t mean that the worst has happened.”

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27 feared dead after two mass shootings in South Africa

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People gather at the store in Lwandle, near Cape Town, where 10 people were killed. Photograph: Esa Alexander/Reuters
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Twenty-seven people have been killed in two mass shootings hours apart in South Africa, the latest gun violence to hit the country.

Seventeen people were killed when eight gunmen stormed a bar close to Johannesburg on Saturday evening, with 15 more injured.

In a separate shooting in the early hours of Sunday morning, 10 people were killed outside an entertainment venue in a township near Cape Town and a further 11 were injured.

South Africa has one of the highest murder rates in the world and has struggled to contain gang-related gun violence in recent years. Police have not indicated a motive for either of the latest attacks.

In Johannesburg, gunmen opened fire on customers outside the bar before continuing the attack inside and torching two vehicles before fleeing.

Police said thirteen men and four women were killed.

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Deputy provincial police commissioner Maj Gen Fred Kekana said the attack may have been a retaliation for an incident last month, in which one person was killed and another wounded, according to AFP news agency.

Speaking at the scene, he said police had clear pictures and in some cases names for the suspects.

In Cape Town, five victims died at the scene and a further five people died in hospital.

No arrests had been made in either case on Sunday morning.

The two mass shootings came days after 11 people were killed in the city of Duban when gunmen stormed a house in the KwaMakhutha township.

Reuters An armed guard walking down a road with people looking on from behind police tape
Armed security forces were deployed to the scene of a mass shooting in Cape Town on Sunday morning

Illegal weapons are prevalent in South Africa and gun violence has been a persistent problem for decades, with about 60 murders recorded every day in the country of 62 million.

But a recent spate of mass shootings has raised fears that the problem is deepening, with violence often linked to turf wars between gangs engaged in drug trafficking and illegal mining.

In February, President Cyril Ramaphosa called organised crime “the most immediate threat to our democracy, our society and our economic development”.

Earlier this year the military was deployed alongside police in areas with the highest murder rates in an effort to reduce armed violence.

On Saturday a tenth woman’s body was found in Ekurhuleni, to the east of Johannesburg, with local police saying they were unable to rule out a serial killer operating in the area with similarities between the deaths. (BBC)

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US has deported 25,000 to third countries under secretive deals – Report

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U.S. President Donald Trump
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The United States has deported more than 25,000 people under secretive agreements with 35 countries to take migrants with no ties to those nations, according to an investigation published Monday.

Since US President Donald Trump took office in January 2025, Washington has been signing deals with developing countries to take migrants who cannot legally be sent home.

The investigation by Forbidden Stories found the administration has earmarked $410 million to be paid directly to the receiving countries, or to UN agencies to facilitate the returns.

At least 25,447 people had already been deported to third countries by August 31, 2026, according to data compiled by Forbidden Stories with a consortium of international journalists.

The vast majority — around 20,000 — were sent to Mexico, but the rest were dispersed to 27 other countries across Latin America, Africa, and the Pacific, and agreements have been finalised with seven more.

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The deals vary, including over which nationalities can be deported and whether people with criminal records can be accepted.

An AFP investigation earlier this year found Washington is using visa bans and restrictions on African countries to strongarm them into accepting deportees.

Lawyers told AFP that deportees were being thrown into a “legal black hole”, held without charge in countries where they have no ties and few if any rights.

Forbidden Stories said 49 of Africa’s 54 countries had been approached about accepting third-country deportees.

A little-known State Department division called the Office of Remigration, created in May 2025, has handled most of the negotiations and payments, according to Forbidden Stories.

The office is headed by Christian Jove Ehrhardt, a 41-year-old diplomat who previously worked as a security officer.

The report details his visits to Cameroon, which signed a memorandum of understanding with the US in December on accepting deportees. A week later, it also signed a five-year health assistance programme worth nearly $400 million.

The following month, the State Department said it would provide a further $30 million to the UN Refugee Agency (UNHCR) in Cameroon to “facilitate the voluntary return of refugees and combat illegal immigration.”

The first plane carrying deportees arrived in Cameroon on January 14.

– Payments –

Other agreements have involved direct payments to governments.

Palau, a small Pacific island nation with a population of under 18,000, signed an agreement in December 2025 to accept up to 75 third-country nationals in return for $7.5 million.

However, only three people have so far been sent under the agreement.

In Eswatini, 32 people have arrived since July 2025 out of a possible 160 under an agreement worth more than $5 million. It has accepted deportees with criminal records, the investigation found.

Of the $410 million planned for the agreements, internal State Department records showed that $81 million was earmarked for signatory governments.

The rest was intended for aid organisations, including more than $178 million for the UN’s International Organisation for Migration, and $123 million for UNHCR.

The agencies have faced criticism over their involvement, although UNHCR told Forbidden Stories that it was not party to the bilateral agreements and that US funding was being used in line with its mandate to strengthen asylum systems.

An IOM spokesperson told Forbidden Stories that the agency’s decisions to accept funding rested “on a single question: whether our engagement will improve the lives of the migrants affected. In these instances, we believe strongly it does.”

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