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Financial fraud | Cancellation on appeal of a fine of 464 million inflicted on Donald Trump

manhattantribune.com by manhattantribune.com
21 August 2025
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Financial fraud | Cancellation on appeal of a fine of 464 million inflicted on Donald Trump
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(New York) A New York State Court of Appeal canceled a civil fine of $ 464 million in February 2024 on Donald Trump for financial fraud on Thursday.


Posted at 11:46 a.m.

Updated at 12:02 p.m.

In its decision, the Court invokes “an excessive fine which violates the eighth amendment of the Constitution of the United States”, which prohibits disproportionate condemnations.

In this case, Donald Trump and his sons Donald Jr. and Eric, had been found guilty of having spilled in a colossal way during the 2010s of the assets of the Trump Organization-their skyscrapers, luxury hotels or golf courses worldwide.

The goal was to obtain more favorable banks and better insurance conditions.

The general prosecutor of the State, Letitia James, originally the initial prosecution, could still appeal before the highest local courtyard.

During this river civil trial, very followed by the media around the world, Donald Trump had continued to storm justice to his hands, according to him, Democrats from President Biden, denouncing “a trial worthy of a banana republic”.

“Massive victory! ! ! », Has rejoiced Thursday on X his son Donald Jr.« It has always been a witch hunt, interference in the elections and a total parody of justice … and even a court of NY appeal with a progressive tendency agrees! »»

Tags: AppealcancellationDonaldFinancialfinefraudinflictedmillionTrump
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