Donald Trump NYC Fraud Inquiry
Donald Trump appeals $454 million judgment in New York civil fraud case
Donald Trump and his team have filed an appeal against a New York court's ruling that they must pay $454 million in penalties and interest in a civil fraud case. The judgment, which was handed down in February by Judge Arthur Engoron, found that Trump, his company, and top executives had deceived banks and insurers by inflating Trump's wealth for years. The initial penalty amount was $355 million, but it has since increased with accrued interest. New York Attorney General Letitia James has stated that if Trump fails to pay, she will pursue seizing some of his assets.
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