Trump appeals $454M New York fraud ruling

[mystery-ak]

 Trump appeals $454M New York fraud ruling
by Zach Schonfeld - 02/26/24 10:31 AM ET

Former President Trump on Monday appealed a judge’s decision ordering him to pay more than $450 million in the New York attorney general’s sprawling civil fraud case against his business empire.

Judge Arthur Engoron’s decision earlier this month marked a stunning legal and financial blow to the former president, barring him from serving in a leadership role in any New York business for three years and ordering independent officials to monitor Trump’s companies.

The decision followed a months-long trial after which the judge determined Trump and top executives for years conspired to alter his net worth to receive tax and insurance benefits.

Trump’s appeal was expected, as both he and his lawyers have attacked the judge’s ruling as politically motivated and a “manifest injustice” for days. Trump has denied any wrongdoing.

With Trump’s notice of appeal formally filed, the case will head to the First Judicial Department Appellate Division, where the former president will seek to get the nine-figure fine and the other penalties tossed.

more
https://thehill.com/homenews/4489228-trump-appeals-454m-judgement-new-york-fraud-case/

[libertybele]

I hope that they toss the charges, but I am doubtful.  It's NY and I don't see them ruling in Trump's favor. Next step would be to appeal to SCOTUS?

Then there are the 91 felony charges -- he's going to need  his $$ to fight these charges and pay lawyers.

I worry about his health; the stress he's under would certainly affect someone half his age. It's been continual since he took office.

He continues to campaign and in listening to his rallies,  I think it is a way for him to de-stress.

Like him or not, he is being treated unfairly.  Prayers up for Trump and his family.

[libertybele]

Trump appeals ruling in massive NY civil fraud case

Former President Trump's legal team has appealed a ruling from New York Judge Arthur Engoron's finding him liable for more than $350 million in damages in the civil fraud case brought against him by New York Attorney General Letitia James.

With interest, the total amount Trump is currently on the hook for is just over $354 million, with post-judgment interest accruing at nearly $112,000 per day.

James' case also targeted Trump's family and the Trump Organization. Engoron ruled that Trump and defendants were liable for "persistent and repeated fraud," "falsifying business records," "issuing false financial statements," "conspiracy to falsify false financial statements," "insurance fraud," and "conspiracy to commit insurance fraud."

The judge went on to criticize Trump's behavior during the trial, saying that he "rarely responded to the questions asked, and he frequently interjected long, irrelevant speeches on issues far beyond the scope of the trial.".............

https://www.foxnews.com/politics/trump-appeals-ruling-350-million-ny-civil-fraud-case

[libertybele]

Melania doesn't look at all worried or bothered.  Good for her!