A judge in former President Trump's New York civil fraud case has issued an order for the court to oversee the finances of the Trump Organization for a period of three years. The ruling was made by Judge Arthur Engoron, who presided over the civil fraud case that resulted in a $464 million judgment against Trump.
In his order issued on Thursday, Judge Engoron cited the court's previous findings and directed the continued monitoring of the Trump Organization's financial and accounting practices. The monitoring will also include an enhanced role for the appointed Monitor, as well as the appointment of an Independent Director of Compliance.
The decision to extend the monitoring of the Trump Organization's finances for three years comes in the wake of the court's ruling on February 16th. The ruling highlighted the need for ongoing oversight to ensure transparency and compliance with financial regulations.
This development marks a significant step in the legal proceedings involving the Trump Organization and adds to the scrutiny faced by the former President in relation to his business dealings. The court's decision underscores the importance of upholding financial integrity and accountability in corporate practices.
