New York AG appeals reversal of Trump’s $500 million fraud penalty
New York Attorney General Letitia James held a press conference against former US President Donald Trump to pay $ 354.9 million and to prevent him from doing business in New York state for three years in the Manhattan district of February 16, 2024.
David Dee Delgado | Reuters
Engoron decided that Trump and other defendants exaggerated the alleged value to inflate the alleged net value of Trump’s real estate assets owned by Trump organization. In contrast, these false values helped Trump’s company to get better conditions for loans and other financial benefits.
Engoron, these findings Trump and other defendants to impose a big fine.
The declaration of appeal opened on Thursday does not detail the arguments that James believes that the decision should be overthrown. These arguments will be organized for future applications.
James spokesman did not comment on filing.
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