A New York Court of Appeal invalidated the Fine of 454 million dollars imposed in 2024 to the President Donald Trump and other defendants in the case for Civil Fraud in your companywhich promoted state prosecutor Letitia James.
A panel of appeal judges said that the penalty, “that orders the defendants to pay almost 500 million dollars to the state of New York, It is an excessive fine that violates the eighth amendment of the United States Constitution“, according to CNN.
The magistrates agreed, however, in Maintain precautionary measures imposed by Judge Arthur Genoron to “limit the business culture” of the Trump organization, declared responsible for inflating its assets to obtain favorable loans and other financial benefits.
Farmer, from the Supreme Court of Manhattan, Trump’s capacity to do business in the state of New York For the next three years, in addition to the astronomical fine as leader of the Trump organization, which today has been annulled.
Prosecutor James, Democrat, and what Trump seeks to disable from power, He filed the civil lawsuit against Trump, his two older children and two former director of the Trump organization for inflating his figures of assets in about 2.2 billion dollars to achieve advantages with insurers and banks.
Trump rolled out continuously during the process against Jamesaccusing her of unleashing a “political witch hunt”, and also against Judge Genoron, who declared fraud responsible for the defendants in a summary decision before starting the civil trial.
In his social Truth account, the president celebrated his “victory” in “one of the worst business persecutions” of the US, he called the case of “electoral interference”, as he did during his campaign, and criticized the rest of the cases against which he considers they are being promoted by “corrupt judges.”
