US EditionNew York appeals court tosses Letitia James’s $515 million Trump fraud penalty
- On Thursday, a New York appeals court dismissed the nearly $500 million penalty against Donald Trump related to fraud claims, but maintained that he is still responsible for fraudulent actions.
- The court found Judge Engoron's disgorgement order excessive and unconstitutional, while Trump and co-defendants denied wrongdoing and claimed political motivation.
- The case stems from a suit by Attorney General Letitia James accusing Trump of inflating his wealth to secure better loan terms, with penalties also levied on his sons.
- Judges wrote the injunctive relief curbs the defendants' business culture, but the $515 million fine violates the Eighth Amendment as an excessive punishment.
- The ruling allows further appellate review, keeps Trump’s fraud liability intact, and pauses corporate leadership bans during appeal while Trump's legal battles continue.
202 Articles
202 Articles
He should have paid the amount of money because, according to the previous verdict, he manipulated the value of his properties in order to obtain more favorable bank loans or insurance terms.
Conservative Daily News
The Constitution StudyAppeals Court Makes Critical Ruling In Letitia James’ Civil Fraud Case Against Trump
by Katelynn Richardson at CDN - A New York appeals court tossed a nearly half-billion-dollar civil fraud penalty against President Donald Trump on Thursday. The penalty, which now stands at over $515 million with interest, is “excessive,” a panel of five judges found. Judge Arthur Engoron ordered Trump last year to pay $355 million in penalties in the case brought by New York Attorney … Click to read the rest HERE-> Appeals Court Makes Critical …
Appeals court throws out civil fraud penalty against Trump
An appeals court has thrown out the nearly $530 million civil fraud monetary penalty against President Donald Trump in the New York State lawsuit accusing him of overestimating the value of his properties. The five-judge panel ruled the verdict was “excessive”.
Turley: Trump May Triumph Again Over N.Y. AG James
An appeals court on Thursday tossed a roughly $500 million civil fraud judgment against President Donald Trump and his family, a "tremendous victory for" Trump and an effort by New York Attorney General Letitia James to "have a trophy win against" the president reduced from "what was a mounted marlin to something of a guppy," says George Washington University law professor Jonathan Turley. "It has removed the fine and left in place the injunctiv…
Trump’s civil fraud penalty scrapped: 5 takeaways
A half-billion-dollar judgment against President Trump and his business empire was thrown out by a divided appeals court Thursday, though the fraud case against him was left intact. It’s a stunning turn in the battle between the president and New York Attorney General Letitia James (D), who accused the real estate mogul of inflating his net worth for tax and insurance benefits in a 2022 lawsuit that threatened his billionaire status and company…
‘Wrong!’: MAGA World Explodes on Letitia James After Appeals Court Tosses Trump’s Massive Fraud Penalty—But They Still Somehow Missed the One Thing That Mattered Most
President Donald Trump and the MAGA sphere are gleefully celebrating a New York appeals court ruling tossing out a massive multi-million-dollar civil fraud penalty against the President in a case brought by New York Attorney General Letitia James. A sharply divided five-judge panel of the Appellate Division in Manhattan narrowly upheld Justice Arthur Engoron’s decision that Trump engaged in fraud by inflating his wealth for decades, according to…
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