Trump to address supporters after $355 million fraud ruling
By Nathan Layne and Gram Slattery
MT. PLEASANT, Mich./COLUMBIA, SC. (Reuters) -Donald Trump will address supporters at a campaign rally on Saturday for the first time since a New York judge ruled he must pay $354.9 million in penalties for fraudulently overstating his net worth to dupe lenders.
The former president, set to appear at an election rally in Michigan, was scheduled to speak at the same time as Nikki Haley, his last remaining rival for the Republican presidential nomination, who was due to hold an event in South Carolina.
On Saturday morning, Haley wasted no time in going after Trump after Friday's ruling, which handed him another legal setback in a civil case that imperils his real estate empire.
Trump also faces four state and federal criminal trials, including one scheduled to start in New York on March 25, over alleged hush money payments to a porn star. That means Trump will become the first former U.S. president to stand trial on criminal charges.
Haley frequently says «chaos» follows Trump, and that he can't be an effective president or candidate because of his myriad legal problems.
«He's going to be in court March and April. He's going to be in court May and June. He said himself that he's going to be spending more time in a courtroom than he is on the campaign trail,» Haley told Fox News.
Trump reacted furiously to Friday's ruling in posts on his social media platform, after Justice Arthur Engoron also banned Trump from serving as an officer or director of any New York corporation for three years.
New York Attorney General Letitia James had accused Trump and his family businesses of overstating his net worth by as much $3.6 billion a year over a decade to fool bankers into giving him better loan
Read more on investing.com
