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Wednesday, January 15, 2025

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Trump appeals his civil conviction for financial fraud, fined $464.8 million till now

Former US President Donald Trump appealed Monday, as he announced, his conviction by New York civil justice to at least $355 million in fines for financial fraud within his real estate empire.

This appeal, filed Monday with the New York Supreme Court (lower court), also targets the ban imposed on February 16 on Trump and his two adult sons Donald Jr. and Eric from running businesses in the state of New York for three years.

120 pages of motivations

In the approximately 120 pages of reasons for filing an appeal, the Trump camp represented by lawyer Alina Habba believes that the Supreme Court “committed errors of law and/or fact” and whether he abused his discretion or “acted in excess” of his jurisdiction.

In his judgment ten days ago, Judge Arthur Engoron, of the same court, sentenced the former President of the United States to pay $354.86 million in fines for financial fraud, and each of the two sons to four million dollars in fines.

Interest of $450 million

New York State Attorney General Letitia James filed a complaint against Donald Trump in October 2022 and forced him, along with his two adult sons and their Trump Organization family group, to a civil trial for fraud, last October to January.

It subsequently calculated that the amount of the fine including interest would amount to more than $450 million. On her X account on Sunday evening, Letitia James reassessed this amount at $464.8 million.

The former Republican tenant of the White House (2017-2021), a tycoon who shook up the democracy of the world’s leading power and aims to be elected president again in November, criticized a “totally bogus” judgment.

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Kiranpreet Kaur
Kiranpreet Kaur
Editor at The Eastern Herald. Writes about Politics, Militancy, Business, Fashion, Sports and Bollywood.

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