HomeEconomyA "total victory": an appeal court cancels the fine of $ 464...

A “total victory”: an appeal court cancels the fine of $ 464 million that Donald Trump should pay for financial fraud

In its decision, the New York Court of Appeals invokes “an excessive fine that violates the eighth amendment to the Constitution of the United States”, which prohibits disproportionate sentences.

A Court of Appeal of the State of New York canceled a civil fine of $ 464 million in February 2024 in Donald Trump for financial fraud in its real estate empire on Thursday. In its decision, the court invokes “an excessive fine that violates the eighth amendment of the Constitution of the United States”, which prohibits disproportionate sentences. In his social network of truth, the US president praised a “total victory.”

The attorney general of this state, Letitia James, had filed a complaint against Donald Trump in October 2022 and forced him to do so, with his two adult children Donald JR and Eric and his organization of Trump family group, in a civil demand for fraud, from October 2023 to January 2024. Organization, their organization, their lutizios, luxury hotels or golf golf.

Letitia James announced on Thursday his intention to call the cancellation of a fine of $ 464 million for fraud in 2024 against Donald Trump. “We are going to appeal” to this sentence, writes Letita James in a statement, invoking “the rights and interests of New York.”

The Minister of Justice is investigating Letitia James

The State Attorney General of Letitia James could still appeal to the highest local patio. During this civil trial of the river, very often by the media worldwide, Donald Trump had stopped assaulting a justice according to the Democrats of President Biden, denouncing “a trial worthy of a banana republic.”

A few days after Donald Trump’s victory in the last presidential elections, one of his lawyers, John Sauer, had claimed the cancellation of this civil conviction “for the greater good of the country.” But the state judge of New York had spoken against the appeals of the future president who had not yet been invested at that time.

Last spring, the United States Ministry of Justice opened a criminal investigation against Letitia James, after a report by the Federal Housing Financing Agency that reports suspicions of real estate fraud by the State Attorney General. More recently, the Ministry of Justice has opened a new investigation against him to find out if Donald Trump’s civil rights, who directed the campaign, even in court, which would be re -elected, would have been violated during the trial.

Author: P. with AFP
Source: BFM TV

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