Donald Trump -- $5 Million VICTORY Over Disgruntled Beauty Queen

Donald Trump isn't wasting his precious, billionaire time RIGGING beauty pageants, despite allegations from a scorned pageant contestant ... this according to a judge.

As we previously reported, Trump had filed a lawsuit against former Miss Pennsylvania Sheena Monnin ... claiming she defamed his Miss Universe Org. when she went on a media blitz and accused the Miss USA pageant of being rigged.

At the time, Monnin had claimed a fellow Miss USA contestant had seen a list containing the top 5 contestants before they were officially announced at the event. Trump denied the allegations.

The case went to arbitration ... and now, the retired U.S. District Court Magistrate Judge who oversaw the case ruled that Monnin DID defame the Miss Universe Org. ... and awarded M.U.O. $5 million in damages.

Trump also released a statement saying, "We cannot allow a disgruntled contestant to make false and reckless statements which are damaging to the many people who have devoted their hearts and souls to the Miss Universe, Miss USA and Miss Teen USA pageant systems.”