Trump appeals civil fraud judgment against his company in New York case
SUMMARY
Donald Trump's lawyers have appealed a February civil fraud judgment, arguing that New York Attorney General Letitia James overstepped her authority. The appeal claims that several loans cited in the case should not have been included due to statute of limitations issues, potentially reducing the $464 million judgment by nearly $351 million. Manhattan Judge Arthur Engoron had imposed a $354 million penalty on Trump and barred him and his sons from running New York companies for several years. Trump's legal team argues that the transactions were legitimate and that the case is politically motivated. James had sued Trump for inflating asset values, claiming it constituted significant fraud affecting banks and insurers.
