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1. Trump $464 Million NY Civil Fraud Penalty Vacated on Appeal

Reply to BumRushDaShow (Original post)

Thu Aug 21, 2025, 11:02 AM

Thursday

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https://news.bloomberglaw.com/us-law-week/trump-464-million-ny-civil-fraud-penalty-vacated-on-appeal

A New York appeals court struck down a $464 million fraud penalty against President Donald Trump and his company in a civil suit over his asset valuations, but upheld his liability in the case, handing him a financial victory over the state’s attorney general.

The decision Thursday vacates a massive penalty from February 2024 by a Manhattan judge who found Trump illegally enriched himself for a decade by inflating the value of his assets on financial documents to get better terms on loans. The appeals court found the penalty “excessive” but maintained that Trump broke the law.

The long-awaited ruling by an intermediate state appeals court wipes out one of Trump’s biggest financial liabilities. It also puts fresh legal pressure on New York Attorney General Letitia James, who has become the focus of a federal probe into whether her lawsuit violated Trump’s legal rights.

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Highlight:

Trump half-billion-dollar civil fraud penalty thrown out by appeals court [View all] BumRushDaShow Thursday OP

Trump $464 Million NY Civil Fraud Penalty Vacated on Appeal LetMyPeopleVote Thursday #1

Well, I'd have bet half a billion that this was inevitable Orrex Thursday #2

Why wouldn't the judge just reduce the judgement, Bayard Thursday #3

Because we are now a colony of Russian. orangecrush Thursday #4

Because they couldn't get a majority to agree on an amount FBaggins Thursday #5

WTF makes these judges more expert on what's "unconstitutionally excessive" than the AG and her team?! ancianita Thursday #7

I put the link to the ruling in the OP comments BumRushDaShow Thursday #9

Thanks. Forgot to look. ancianita Thursday #12

I get the frustration... but the answer is "almost everything" FBaggins Thursday #11

Thank you RoseTrellis Thursday #13

Justice ?? chuckle chuckle republianmushroom Thursday #6

He's still liberalgunwilltravel Thursday #8

THERE IS NO JUSTICE IN THIS COUNTRY IF YOU ARE EXTREMELY WEALTHY OR HAVE A LOT OF POWER!!!! sdfernando Thursday #10

You're so right about that Fernando. Justice, and the entire system, is rigged for the wealthy. BComplex Thursday #15

Ever notice that only the creeps and criminals in the US get all the breaks? Bev54 Thursday #14

i am gonna declare all my property is worth $1 pimpbot Thursday #16

Not all is lost, yet (?) BaronChocula Thursday #17

Statement from AG James LetMyPeopleVote Thursday #18

How many appeals to the appeals of the appeals of the other appeals... Justice matters. Thursday #19

The fraud finding was upheld, it is just the amount that is in question. mackdaddy Friday #20

Deadline: Legal Blog-The Trump civil fraud case is a mess. Another round of appeal could clean it up. LetMyPeopleVote Friday #21

The judicial system working as planned. n/t TheFourthMind Friday #22