Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What’s Next?

Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What’s Next?

Donald Trump has initiated an appeal against the $454 million civil fraud judgment in New York, contesting a judge’s conclusion that he misrepresented his wealth during the expansion of his real estate empire, a venture that played a significant role in his rise to fame and the presidency.

His legal representatives formally filed a notice of appeal on Monday, urging the mid-level appeals court in the state to overturn Judge Arthur Engoron’s ruling on February 16 in the lawsuit filed by Attorney General Letitia James.

Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What's Next?
Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What’s Next?

According to court documents, Trump’s lawyers are arguing that they are seeking the appeals court’s assessment to determine whether Judge Engoron made any errors in law and/or fact, and whether he exceeded his jurisdiction or abused his discretion.

Engoron’s verdict revealed that Trump, along with his company and key executives including his sons Eric and Donald Trump Jr., engaged in a long-term scheme to deceive banks and insurers by exaggerating his wealth on financial documents used for loans and business deals. As a result, the judge imposed stringent restrictions on the Trump Organization’s business operations among other penalties.

Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What's Next?
Trump Fights Back! Appeals $454 Million Fraud Judgment in New York Civil Case – What’s Next?

With this appeal, the legal battle surrounding Trump’s business practices is set to continue through the presidential primary season and possibly beyond, as he pursues the Republican nomination for the presidency in his bid to return to the White House.

If Engoron’s ruling is upheld, Trump stands to lose a significant portion of his wealth. He has been ordered to pay $355 million in penalties, a figure that has escalated to nearly $454 million with accumulated interest. This amount continues to grow by approximately $112,000 per day until it is settled

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