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Trump appeals $355 million ruling in NY civil fraud case

  • Donald Trump appeals a judge's ruling of $454 million in penalties for fraudulent exaggeration of his net worth for loans.
  • Penalties may strain Trump's finances and restrict business activity for three years due to inflated property values for loans.
  • Trump and his lawyers plan to challenge the ruling and seek a reversal to restore public faith in New York's legal system.
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Center
95
Right
28

Former US President Donald Trump appealed the $355 million fine imposed by a New York court after it was confirmed that he manipulated the values of his properties to obtain fraudulently better credit conditions, according to documents released on Monday.

·Washington, United States
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Lean Left

L’ex-président américain Donald Trump a fait appel lundi, comme il l’avait annoncé, de sa condamnation par la justice civile de New York à au moins 355 millions de dollars d’amendes pour fraudes financières au sein de son empire immobilier.

·Montreal, Canada
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Center

·Antwerp, Belgium
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Forbes broke the news in United States on Monday, February 26, 2024.
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