Trump is a civil fraud penalty for a period of half a billion dollars delivered by the Court of Appeal

A The Court of Appeal in New York State On Thursday, he threw more than $ 500 million Fraud in civil works A penalty imposed on the president Donald Trump.

The Court of Appeal said that although the “junior relief” ordered by the trial judge in the case “was well designed to reduce the culture of the defendant’s work” in Trump, the monetary punishment, which directed that the defendants pay nearly a billion dollars to New York, which violates the eighth amendment in the United States. “

The lawsuit was filed against Trump and his company, along with the other defendants, by the Prosecutor of the New York state, Leitia James.

Menhattan Arthur Engelon in February 2024 ordered Trump to pay about $ 454 million in the total penalties after he spent the responsibility for fraud in work.

ENGORON found that Trump’s statements about the financial situation, signed between 2014 and 2021, had the value of his assets between 812 million dollars and $ 2.2 billion.

With interest, the penalty imposed on Trump and other defendants in the case grew to more than $ 500 million.

CNBC requested a comment from James, the White House, and Trump on the decision, which was issued by the first judicial department in the Appeals Department in New York State.

James and Trump can both resume a decision on Thursday, which kept in a non -monetary sanctions place imposed on him.

– Additional reports by CNBC’s Kevin Brioninger

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