Trump’s massive $500M civil fraud fine in AG Tish James’ case thrown out by NY appeals court
By Ben Kochman
Published Aug. 21, 2025, 11:01 a.m. ET
A New York appeals court Thursday threw out the massive $464 million judgment dealt to President Trump after he was found liable at a civil trial for business fraud.
The Appellate Division, First Department overturned the whopping fine in the case in which Trump, 78, was found to have fraudulently inflated his net worth by billions of dollars over a decade to get better loan and insurance terms.
Trump would have had to pay a total of more than $500 million, including more than $100 million in interest, had the February 2024 ruling from Manhattan Supreme Court Justice Arthur Engoron been upheld.
The appeal court’s decision follows a theatric 11-week trial that threatened to derail Trump’s image as a real estate tycoon — and brand him a fraudster — as he campaigned to regain the White House.
Trial evidence revealed that Trump secured cushy interest rates between 2011 and 2021 after goosing up the value of assets like his Big Apple penthouse and Mar-a-Lago estate on financial papers.
more
https://nypost.com/2025/08/21/us-news/trumps-massive-500m-civil-fraud-fine-in-ag-tish-james-case-thrown-out-by-ny-appeals-court/