Trump Appeals $500 Million Fraud Judgment
Trump Appeals $500 Million Fraud Judgment

Trump Appeals $500 Million Fraud Judgment

News summary

New York Attorney General Letitia James has requested a state appeals court to uphold a $500 million civil fraud judgment against Donald Trump, arguing that overwhelming evidence shows he inflated his net worth to secure loans and profits. Trump's appeal contends the case is outdated and claims no one was harmed by his financial statements, which included disclaimers. Oral arguments are scheduled for September 26, with a decision potentially impacting Trump's wealth and business operations before the presidential election. The judgment has already accrued significant interest, bringing the total owed to over $485 million. Trump posted a $175 million bond in April to pause asset seizures during the appeal process.

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90 days ago
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