Donald Trump Appeals $464 Million Judgment in NY Civil Fraud Case
Video Credit: Wibbitz Top Stories - Duration: 01:11s - Published
Donald Trump Appeals $464 Million Judgment in NY Civil Fraud Case
Donald Trump Appeals $464 Million Judgment , in NY Civil Fraud Case.
Lawyers for Trump announced Monday that the former president and his company will appeal the judgment handed down last week, NBC News reports.
The judgment found that Trump, his company, including sons Eric and Donald, lied for years about his wealth to grow his real estate empire.
.
Other penalties from Judge Arthur Engoron include barring Trump from doing any business in New York for three years.
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We trust that the Appellate Division will overturn this egregious fine and take the necessary steps to restore the public faith in New York’s legal system, Trump attorney Alina Habba, via NBC News .
The order was ruled after a long trial from NY Attorney General Letitia James’ case that Trump and his company committed fraud for years...
… by lying about their wealth on
financial documents to receive better rates
on bank loans and insurance policies.
.
Trump said the judge's decision was
“election interference” and “weaponization against a political opponent.”.
He also claimed he was being punished for “having built a perfect company, great cash, great buildings, great everything.”
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Trump’s Civil Fraud Judgement Bond , Is Reduced to $175 Million.
On March 25, a New York appeals court told Donald Trump that if he can pay $175 million within 10 days.
collection of his $454 million civil fraud judgement will be paused, AP reports. .
The payment would also stop the state from seizing any of Trump's assets during the appeals process. .
A previous ruling that Trump and his sons, Eric and Donald Trump Jr., couldn't serve in corporate leadership for a number of years was also reversed. .
The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. .
The order, a significant victory for the former president, came just before Attorney General Letitia James was about to begin the process of collecting the judgement, AP reports. .
The presumptive Republican presidential nominee praised the ruling and criticized Judge Arthur Engoron's initial ruling.
What he’s done is such a
disservice and should never
be allowed to happen again, Donald Trump, via statement.
So I greatly respect the decision
of the Appellate Division, and I’ll post
either $175 billion in cash or bonds
for security or whatever is necessary,
very quickly, within the 10 days. , Donald Trump, via statement.
And I thank the Appellate Division
for acting quickly, but Judge Engoron
is a disgrace to this country, and this
should not be allowed to happen, Donald Trump, via statement.
However, James' office points out that the judgement still stands, even if collection is paused. .
Donald Trump is still facing
accountability for his staggering fraud, Letitia James' office, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Judge Denies Trump’s Request , to Delay Payment to E. Jean Carroll.
On Jan. 26, Judge Lewis A. Kaplan
ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling
her a liar after she accused him of sexual assault.
On Jan. 26, Judge Lewis A. Kaplan
ordered Donald Trump to pay writer E. Jean Carroll $83.3 million for ruining her credibility by calling
her a liar after she accused him of sexual assault.
The judgement, which included a $65 million
punitive award, was challenged by Trump's lawyers who claim there is a "strong probability" that
the amount will be decreased or eliminated.
On March 7, Kaplan said that he won't postpone deadlines for posting a bond that
would guarantee payment to Carroll if the
judgement stands after appeals, NPR reports. .
On March 7, Kaplan said that he won't postpone deadlines for posting a bond that
would guarantee payment to Carroll if the
judgement stands after appeals, NPR reports. .
The judge went on to say that any financial harm Trump incurs is a result of his slow response to the verdict made in January.
Trump's lawyers didn't seek to
delay the date in which the bond must
be posted until 25 day later, Kaplan said. .
Mr. Trump's current situation is a
result of his own dilatory actions, Judge Lewis A. Kaplan, via written order.
Nor has Mr. Trump made any showing
of what expenses he might incur if
required to post a bond or other
security, on what terms (if any) he
could obtain a conventional bond, , Judge Lewis A. Kaplan, via written order.
... or post cash or other assets to
secure payment of the judgment,
or any other circumstances
relevant to the situation, Judge Lewis A. Kaplan, via written order.
The judgement will be final on March 11. .
Meanwhile, Trump has also been ordered
by Judge Arthur Engoron to pay
$355 million in penalties for civil fraud
Credit: Wibbitz Top Stories Duration: 01:30Published
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Harvey Weinstein’s Rape Conviction , Is Overturned.
New York's Court of Appeals
overturned the movie mogul's 2020 rape conviction by a vote of 4-3 on April 25.
According to the appeals court, trial judge James Burke "prejudiced Weinstein with 'egregious' improper rulings," AP reports. .
For example, he let women bring forth allegations against Weinstein that he wasn't charged with.
The action was an "abuse of judicial discretion," the appeals court said. .
Without question, this is appalling,
shameful, repulsive conduct that
could only diminish defendant’s
character before the jury, New York's Court of Appeals, via AP.
Although this conviction has been overturned, the 72-year-old will remain in prison due to a separate 2022 rape conviction in Los Angeles.
His lawyers have chosen to
appeal that conviction as well. .
Jennifer Bonjean, who helped free Bill Cosby from
prison, issued a statement about the development.
Jennifer Bonjean, who helped free Bill Cosby from
prison, issued a statement about the development.
A jury was told in California that
he was convicted in another
state for rape ... turns out he
shouldn’t have been convicted
and it wasn’t a fair conviction… , Jennifer Bonjean, Harvey Weinstein's attorney, via AP.
It interfered with his
presumption of innocence in
a significant way in California, Jennifer Bonjean, Harvey Weinstein's attorney, via AP.
On April 25, prosecutors said that "the legal issues identified by the New York Court of Appeal are
not present in the Los Angeles County Case.".
The Manhattan district attorney's office
said they will "do everything in our power to
retry this case, and remain steadfast in our commitment to survivors of sexual assault."
Credit: Wibbitz Top Stories Duration: 01:31Published
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