Fraud

Donald Trump Faces $350 Million Fine in Fraud Trial Verdict: Judge Orders Ban on Business in New York

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New York, NY – Former President Donald Trump has been ordered to pay over $350 million in fines as part of a massive fraud trial ruling. The ruling, delivered by Justice Arthur Engoron, also includes interest of $463.9 million and a three-year ban on doing business in the state of New York. This civil fraud trial centered around allegations that Trump inflated his wealth on financial statements to secure loans and favorable deals. New York Attorney General Letitia James brought the case and had sought $370 million in disgorgement from Trump’s entities. The judge had … Read more

New York Judge Slams Ivanka Trump Over “Inconsistent Recall” in $354.9 Million Business Fraud Ruling

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NEW YORK – A judge in New York has ordered former President Donald Trump to pay $354.9 million in damages for business fraud, with his daughter Ivanka Trump facing criticism in the ruling. Judge Arthur Engoron was sharply critical of Ivanka’s “inconsistent recall,” noting that she denied knowledge of key events despite the presentation of documentary evidence. Ivanka was initially listed as a defendant in the case, but was dropped in June 2023 due to a statute of limitations. However, Engoron still questioned her testimony regarding negotiations involving the Old Post Office in Washington, D.C. … Read more

Former Employee Awarded $31 Million in Damages After Fraud Allegations Against Dallas-Based Company

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DALLAS, TEXAS – A former employee of Sun Holdings, based in Dallas, was recently awarded a whopping $31 million in damages in a civil court trial. The ex-employee claimed that both the company and its owner had committed fraud against him. The jury initially granted Jerry Stockton $15.6 million in compensatory damages on February 13. Stockton had filed a lawsuit in 2019 against Sun Holdings and its CEO, Guillermo Perales, alleging that he was owed a share of the profits from over 100 Popeyes restaurants. The very next day, the jury awarded Stockton an additional … Read more

Duke University Settles Financial Aid Antitrust Lawsuit and Addresses Academic Fraud Allegations in Council Meeting

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Durham, North Carolina – The Duke University Academic Council discussed important topics at its recent meeting, including the university’s decision to settle a financial aid antitrust lawsuit and its response to allegations of data fraud against Professor of Business Administration Dan Ariely. The council also engaged in a conversation about Duke Athletics with Andrew Janiak, chair of the Athletic Council, and Linda Franzoni, Duke’s faculty athletic representative for the NCAA and ACC. During the meeting, Trina Jones, chair of the council, paid tribute to Hans Van Miegroet, a beloved professor of art and art history … Read more