It was canceled as “excessive” the fine of half a billion dollars to Donald Trump for fraudulent swelling of the value of his property

New York Court of Appeal today canceled the fine of about half a billion dollars imposed on US President Donald Trump after a judge ruled that it had deceived the value of its real estate and other assets to promote its family. The decision of the Manhattan Pentamel Court of Appeal is considered a defeat for New York City Public Prosecutor Leticia James, who had prosecuted Trump for fraud in 2022. The judges of the Court of Appeal had appeared cautious when they were examining the case in September 20. after a hearing that lasted three months. Enigoron ruled that Trump was increasing the value of his real estate in several years before he was elected president in 2017, with the aim of deceiving lenders and insurers and providing better terms for his company, Trump Organization. In February 2024 the judge ordered Trump to […]
Source: News Beast

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