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Trump’s massive $500M civil fraud fine in AG Tish James’ case thrown out by NY appeals court

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A New York appeals court Thursday threw out the massive $464 million judgment dealt to President Trump after he was found liable at a civil trial for business fraud. The Appellate Division, First Department, overturned the whopping fine in the case in which Trump, 79, was found to have fraudulently inflated his net worth by billions of dollars over a decade to get better loan and insurance terms. Trump would have had to pay a total of more than $500 million, including more than $100 million in interest, had the February 2024 ruling from Manhattan Supreme Court Justice Arthur Engoron been upheld.

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