A New York judge ruled Monday to hold former President Donald Trump in contempt of court and fine him $10,000 per day for failing to comply with subpoenas ordering him to hand over records by March 31, Bloomberg reports.
The subpoenas were issued in connection with New York Attorney General Letitia James' probe into whether Trump broke the law by overstating the value of his assets in order to obtain "more favorable terms for bank loans," per Bloomberg.
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