Donald Trump Appeals $464 Million New York Fraud Judgment

6 months ago 32
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Donald Trump filed a notice of appeal of a New York judge’s $464 million civil fraud judgment, as he grapples with an order that found him and his businesses liable for overstating their assets to get more favorable loan terms.

The notice was filed today, after Judge Arthur Engoron made his decision official last week. Engoron also restricted the ability of the Trump organization to do business in the state.

The question is now whether Trump can post a bond as he pursues an appeal. Engoron’s notice on Friday started a 30-day window for Trump to pay or to seek some type of relief sidelining that sum as he and his lawyers try to overturn the verdict.

The lawsuit was brought by New York Attorney General Letitia James, who posted on X/Twitter on Sunday: “+$114,553.04 = $464,805,336.70” The $114,553.04 figure is the amount in interest being added to the total for each day the judgment is not paid.

Trump has claimed that the lawsuit and judgment were politically motivated. The appeal asks the higher court to determine whether Engoron “committed errors of law and/or fact” or acted beyond his authority.

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