U.S.

Politics World Opinion Media Entertainment Sports Lifestyle Video AI More Login Watch TV

Donald Trump

NY court to snoop on Trump Organization finances for 3

years, judge orders
Monitor to have access to internal accounting records, recordkeeping, financial reporting policies, more
By Timothy H.J. Nerozzi Fox News

Published March 21, 2024 8:30pm EDT

Fox News Flash top headlines for March 21

Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.

Join Fox News for access to this content

Plus special access to select articles and other premium content with your
account - free of charge.

By entering your email and pushing continue, you are agreeing to Fox News' Terms of Use and
Privacy Policy which includes our Notice of Financial Incentive . To access the content, check your
,

email and follow the instructions provided.

Having trouble? Click here.

The judge in former President Trump's New York civil fraud case has ordered the court to
monitor the Trump Organization's finances for three years.

Judge Arthur Engoron, who ruled on the civil fraud case that ultimately slapped Trump
with his $464 million judgment, made the order to monitor the Trump Organization on
Thursday.

"Based on the Court's findings in its February 16th Order, the Court ordered the continued
monitoring of Defendants' financial and accounting practices and disclosures, including
and enhanced role for the Monitor, for a period of no less than three years, as well as the
appointment of an Independent Director of Compliance," Engoron wrote in the Thursday
order.

NY AG ASKS COURT TO IGNORE TRUMP CLAIM THAT POSTING $464M BOND IS

'PRACTICAL IMPOSSIBILITY'

Justice Arthur Engoron presides over the civil fraud trial of the Trump Organization at the New York State Supreme Court in
New York City. (Erin Schaff/Pool/AFP via Getty Images)

Retired federal Judge Barbara Jones, who has monitored the Trump Organization's
finances as part of a preliminary injunction in 2022, will continue in her role for the next
three years.

NEW YORK ATTORNEY GENERAL TAUNTS TRUMP ABOUT INTEREST HE OWES ON CIVIL
FRAUD JUDGMENT

The monitor will allow reviews of the organization's internal accounting records,
recordkeeping, financial reporting policies and more.

The Trump Organization will be required to provide the monitor with monthly bank
statements, notify the monitor at least five business days before major cash or asset
transfers, and inform the monitor about debt restructuring or payment.

READ THE FILING BELOW. APP USERS:

CLICK HERE

Most relevant to the case, the organization must also disclose efforts to obtain surety
bonds.

Quarterly reports on these and other financial data points will be prepared for the court.

More from Politics

25 mins ago
How the Ukraine aid
debate could bring
back a House
infestation of boll
weevils and gypsy
moths

35 mins ago
Pro-Palestinian
Former President Trump leaves the courtroom after testifying at his civil fraud trial at New York State Supreme Court in protest breaks out
New York City. (Michael M. Santiago/Getty Images) inside Senate office
building, interrupts
interview with
cease-fire chants
"Defendants shall not evade the terms of this Monitorship Order by transferring assets,
reincorporating existing business entities in other forms or jurisdictions, modifying entity 47 mins ago
Embattled Sen. Bob
ownership, or any other form of restructuring or change in corporate form," the order from Menendez says he
Engoron states. won’t file for
Democratic primary,
may run as
independent: ‘I’m
Jones will also be able to advise the court on orders to change operations within the innocent’
Trump Organization.
58 mins ago
NY court to snoop
on Trump
Timothy Nerozzi is a writer for Fox News Digital. You can follow him on Twitter @timothynerozzi and
Organization
can email him at timothy.nerozzi@fox.com finances for 3 years,
judge orders

U.S. Politics World Opinion Media Entertainment

Crime Executive U.N. FOX Nation Coverage Celebrity News
Military Senate Conflicts Movies
Education House Terrorism TV News
Terror Judiciary Disasters Music News
Immigration Foreign Policy Global Economy Style News
Economy Polls Environment Entertainment Video
Personal Freedoms Elections Religion
Fox News Investigates Scandals
Digital Originals

Sports Lifestyle FOX Business Science & Tech Watch Live About
NFL Health Personal Finance Air & Space FOX News Shows Contact Us
College Football Food & Drink Economy Security Programming Schedule Careers
MLB Auto Markets Innovation On Air Personalities Fox Around the World
NBA Travel & Outdoors Watchlist Video Games Full Episodes Advertise With Us
NHL Real Estate Lifestyle Military Tech Show Clips Media Relations
Golf House & Home Real Estate Planet Earth News Clips Corporate Information
Tennis Fitness + Well-being Tech Wild Nature Compliance
Soccer Style & Beauty
UFC Family
WWE Faith

Apps & Products

FOX News Go
FOX Weather
FOX Nation
FOX News Shop
FOX News Radio
Outkick
Newsletters
Podcasts

New Terms of Use New Privacy Policy Your Privacy Choices Closed Caption Policy Help Contact Us Accessibility Statement

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or
delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Legal Statement . Mutual Fund and ETF
data provided by Refinitiv Lipper .