Trump Hails ‘Total Victory’ As US Court Quashes $464m Penalty
A New York appellate court on Thursday overturned the $464 million civil penalty imposed on US President Donald Trump in a fraud case, ruling the fine “excessive” and in violation of the Eighth Amendment.
While upholding the verdict that Trump inflated his wealth to secure favorable loans and insurance terms, the five-judge panel struck down the penalty originally imposed by Judge Arthur Engoron in February 2024.
Trump celebrated the ruling on Truth Social as a “total victory” and “witch hunt” defeat, while his son Don Jr. called it a “massive win.”
New York Attorney General Letitia James, who filed the case, could appeal to the state’s highest court.
#Trump #USPolitics #CourtRuling
A New York appellate court on Thursday overturned the $464 million civil penalty imposed on US President Donald Trump in a fraud case, ruling the fine “excessive” and in violation of the Eighth Amendment.
While upholding the verdict that Trump inflated his wealth to secure favorable loans and insurance terms, the five-judge panel struck down the penalty originally imposed by Judge Arthur Engoron in February 2024.
Trump celebrated the ruling on Truth Social as a “total victory” and “witch hunt” defeat, while his son Don Jr. called it a “massive win.”
New York Attorney General Letitia James, who filed the case, could appeal to the state’s highest court.
#Trump #USPolitics #CourtRuling
Trump Hails ‘Total Victory’ As US Court Quashes $464m Penalty
A New York appellate court on Thursday overturned the $464 million civil penalty imposed on US President Donald Trump in a fraud case, ruling the fine “excessive” and in violation of the Eighth Amendment.
While upholding the verdict that Trump inflated his wealth to secure favorable loans and insurance terms, the five-judge panel struck down the penalty originally imposed by Judge Arthur Engoron in February 2024.
Trump celebrated the ruling on Truth Social as a “total victory” and “witch hunt” defeat, while his son Don Jr. called it a “massive win.”
New York Attorney General Letitia James, who filed the case, could appeal to the state’s highest court.
#Trump #USPolitics #CourtRuling
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