More winning
Hard to keep track of it all
Not a complete victory just yet. Big Tisch is also facing mortgage fraud
Newsmax
An appeals court has thrown out the massive civil fraud penalty against President Donald Trump, which now exceeds $527 million, with interest.
The decision came seven months after the Republican returned to the White House. A panel of five judges in New York's mid-level Appellate Division said the verdict, which stood to cost Trump over $515 million and rock his real estate empire, was "excessive."
After finding Trump engaged in fraud by flagrantly padding financial statements that went to lenders and insurers, Judge Arthur Engoron ordered him last year to pay $355 million in penalties. With interest, the sum has topped $515 million.
"While the injunctive relief ordered by the court is well crafted to curb defendants' business culture, the court's disgorgement order, which directs that defendants pay nearly half a billion dollars to the State of New York, is an excessive fine that violates the Eighth Amendment of the United States Constitution," Judges Dianne T. Renwick and Peter H. Moulton wrote in one of several opinions shaping the appeals court's ruling.
The court, which was split on the merits of the lawsuit and the lower court's fraud finding, dismissed the penalty Engoron imposed in its entirety while also leaving a pathway for further appeals to the state's highest court, the Court of Appeals.
The appeals court, the Appellate Division of the state's trial court, took an unusually long time to rule, weighing Trump's appeal for nearly 11 months after oral arguments last fall. Normally, appeals are decided in a matter of weeks or a few months.
Comments
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So guilty, but the fine was too high.
Strange. I'd been told he was rich.
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The case is also under review counselor
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What rich guy wouldn't give the state 500 million wondered H
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Who was defrauded? I'm still waiting for a rational response from our hypothetical attorney.
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So, he couldn't really afford it.
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Anyone who defends what happened in NYC is a low life. Weaponizing the state to go after people over their politics is something people should be in prison for. hh not only celebrates the corruption, he supports it.
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Missed this thread. Nice to see the phony lawyer @HHusky still trying to polish this turd.
Hilarious how I kicked you ass on this at the time and predicted what would happened, huh H?
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Our hypothetical attorney cited several New York cases to support his feelings that their was fraud. All were cases where actual people suffered damages from the consumer fraud. In this case, no actual damages and the bank testimony was that they didn't use Trump's values to support the loans. They had their real MBAs and financial people to due their own due diligence before they made the loans that were fully repaid. So, no actual damages and then a punitive award that had no grounding in actual damages which is unconstitutional and the dazzler would have known that if he actually had gone to a real law school.
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Mouthy cunt no longer wants to out donate me, apparently.
Seems the girls who call the process corrupt are suddenly fans of the process.
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Someone didn't get loan terms that Daddy got by lying. Here in the tangible world, that is harm. Take your "analysis" to the metaphysics bored, Gasbag.
