Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Former US president Trump found guilty in 'hush money' trial

Published 31/05/2024, 07:16 am
© Reuters.

Investing.com - In a historic verdict, the jury in former President Donald Trump's "hush money" trial in New York has found him guilty on all charges. This unprecedented ruling marks the first time a former US president has been convicted of a crime.

The jury, consisting of 12 New Yorkers, determined that Trump had broken the law by falsifying business records to conceal a $130,000 payment made to adult film actress Stormy Daniels prior to the 2016 election. The jury found him guilty on all 34 counts he was facing.

The verdict was delivered in a Manhattan courtroom where Trump has been standing trial for the past six weeks. This conviction makes the former president, who is the presumptive Republican nominee, a convicted felon.

Prosecutors successfully argued that Trump had authorized the scheme to falsify checks and related records in an attempt to keep voters in the dark about an alleged sexual encounter with Daniels.

According to the prosecution team of Manhattan District Attorney Alvin Bragg, the conspiracy extended from his 2016 campaign well into his first year in the White House.

Despite these accusations, Trump has consistently denied any sexual involvement with Daniels and pleaded not guilty.

After the ruling, Trump expressed his indignation to reporters outside the courtroom. "This was a disgrace. This was a rigged trial by a conflicted judge who was corrupt," he said.

"The real verdict is going to be Nov. 5 by the people, and they know what happened here and everybody knows what happened here," Trump said. "We'll fight to the end."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.