Trump Challenging Massive Civil Fraud Judgment

Trump Challenging Massive Civil Fraud Judgment

( – Last week, a judge denied Donald Trump’s bid to delay the enforcement of an enormous fine in a New York court. Judge Arthur Engoron fined Trump $355 million after finding him guilty of fraudulently misrepresenting the value of his assets to secure loans and investments. The fine comes with interest, putting the full amount at around $454 million. Trump said he would appeal, a move that was revealed by news outlets on February 26.

In an email to Trump’s attorneys on February 22, Judge Engoron said they had failed to explain or justify any reason for a stay. The request was based on the case’s judgment order, which Trump’s team said contained errors and violated accepted practice. “The proposed judgment accurately reflects the spirit and letter of the February 16 Decision and Order,” the judge replied.

Days later, news outlets reported that Trump was appealing the civil fraud judgment. His attorneys sent in notices of appeal on Monday, and, according to AP News, asked whether Engoron may have made mistakes in his judgment or “acted in excess” of his jurisdiction.

In addition to the fine, Trump and two of his sons are barred from conducting business in the Empire State for three years, leaving the former President in a difficult position and with a potential fundraising struggle.

New York Attorney General Letitia James said that if Trump doesn’t pay, she will ask the courts to seize his assets, including his considerable real estate portfolio in the Big Apple. “I look at 40 Wall Street each and every day,” she said to ABC News, referring to the Manhattan skyscraper, The Trump Building, located in the heart of New York’s financial district.

While he was able to make the appeal without paying, Trump only has until March 25 to halt his ruling before he must pay the penalty.

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