Court throws out $500m civil fraud penalty against Donald Trump | New York

A New York Court of Appeals has imposed a great civilian fraud. Donald TrumpOn Thursday, he decides on the case of the state accusing him of exaggerating his leaving.

The decision, which was not unanimously, came to the Republican White House seven months after returning. A panel of five judges in New York’s mid -level appeal section, Trump’s cost of more than $ 515 million and the real estate empire shaking the decision, he said.

Judge Arthur Engoron after determining that Trump has made a fraud from the financial statements to the loans and insurers. He ordered him Paying a penalty of 355 million dollars last year. With interest, a total of $ 515 million.

Trump’s sons, including Eric and Donald JR, exceed $ 527 million with a total of interests for some other Trump organization managers.

“Although the precautionary measure ordered by the court is well prepared to prevent the business culture of the defendants, it is an extreme fine that directs the Court’s payment of about half a billion dollars to the New York province and violates the eighth amendment of the United States Constitution.”

Engoron also prevented Trump and his sons from corporate leadership roles for several years. These restrictions continued to appeal and Trump delayed payment by sending a bond of $ 175 million.

The Court of Appeal rejected the financial penalty of Engoron, but left more space for the state’s highest court. The panel took about 11 months to decide, much longer than the typical one.

Trump refused to do wrong, saying to him a “innocent man” and the case of the case “Fraud to me”. He continues to claim that the case is political motivated.

Following the decision -making headlines, Trump sent to the truth that it was a gün a big win for America ”. In another article, “All of these were political hearings to destroy viability as a presidential candidate before, during and after the election.” Biden-Harris continued to claim that the administration had attacked him and that they should be ashamed of them for allowing all these judges to be realized ”.

Trump called the punishment as ı a political witch hunt in terms of business ”and continued as an election intervention that tries to show that I do things that were absolutely true and even perfect by the city and the state illegally.

The same article targeted the New York Chief Public Prosecutor Letitia James and judges Juan Mercha and Lewis Kaplan.

James, who brought the case on behalf of the state, said that the businessman politician was dealing with “lie, cheating and amazing fraud”. Thursday afternoon, he made a statement that would look for an objection.

“Today, the first department confirmed the well -supported finding of the court: Donald Trump is responsible for the fraud. The Court took a precautionary measure, limiting the ability of Donald Trump and Trump to do business in New York. To read.

Trump’s Ministry of Justice Subpoenned James for records Regarding the case, as part of the investigation as to other documents, whether the president has violated civil rights. James’ personal lawyer Abbe D Lowell said the investigation of the fraud case was the most clear and desperate example of this administration that carried out the President’s political ordeal campaign ”.

Former Trump lawyer Alina Habba, who joined Trump in the celebration, called power as “a victory echoed for President Trump and his company”.

Habba, “The court reduced the ugly and illegal $ 464 million punishment, confirmed what we said from the beginning: The Chief Public Prosecutor’s case was politically motivated, legally unfounded and extremely extreme,” he said. He said in x. “President Trump won – and justice won with him.”

Trump’s defense claims that the financial statements are not misleading, pointing to waiver, and lenders were repaid. During a hearing of a appeal court in September, Trump’s lawyers defended a claim that most of the allegations of the case were very old and failed before the trial.

He also argued that despite the inconsistencies such as Trump Tower Penthouse, such as folding the size of Penthouse, his reported assets were underestimated.

State lawyers, inflated figures lenders to more risky agreements and Trump’a honest borrowers according to the unfair advantages, he said. They argue that the profit of the penalty with positive credit conditions offered to wealthy borrowers is right. The case is one of the various legal difficulties Trump faces. In January, the guilty took an unconditional discharge in the land case, left his conviction firmly, but avoided imprisonment or fines. He objects to the conviction.

Separately, a Federal Court found that a jury has been sexually harassed by Trump and approved the author E Jean Carroll a $ 5 million judgment. He made an attempt to reconsider the appeal of the court rejected in June.

The President also appeals to Carroll to pay $ 83.3 million for additional insulting allegations.