NY Appeals Court Dismisses $500M Fraud Penalty Against Trump

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Source: Al Jazeera
NY Appeals Court Dismisses $500M Fraud Penalty Against Trump
Photo: Al Jazeera
TL;DR Summary

A New York appeals court has dismissed a nearly $515 million civil fraud penalty against Donald Trump, citing the Eighth Amendment's prohibition on excessive fines, while leaving open the possibility of an appeal. The case, initiated by Attorney General Letitia James, accused Trump of inflating his financial records, but the court found the penalty excessive and overturned it, though the underlying allegations and other legal actions against Trump continue.

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