Trump appeals $364 million decision in N.Y. civil fraud case - It's about time!!!

[RicoSuave102954]

Former President Trump is challenging the $364 million fine a New York judge handed down for his company's fraudulent business practices, multiple outlets reported.

Why it matters: In legal filings Monday, the former president formally signaled his intent to appeal New York Judge Arthur Engoron's ruling, which will trigger a lengthy process that will likely delay its enforcement.

Catch up quick: In addition to the $364 million in penalties, Engoron also barred Trump from running a business as an officer or director in New York for three years.

• Trump told reporters at the time of the ruling that he'd appeal the decision, and "if we're not successful, New York State is gone."

Background: Engoron found Trump liable for financial fraud in September. The January trial was to determine what penalties the former president and his business empire would face.

• New York Attorney General Letitia James sought a $370 million penalty from Trump for allegedly committing decades of financial fraud.
• She also wanted to bar Trump and his two sons from being able to do business in New York ever again.

MSN

www.msn.com

 

[Niko13]

 

[ericram]

Doesn't he still have to come up with the bond?

 

[jonesy5960]

Former President Trump is challenging the $364 million fine a New York judge handed down for his company's fraudulent business practices, multiple outlets reported.

Why it matters: In legal filings Monday, the former president formally signaled his intent to appeal New York Judge Arthur Engoron's ruling, which will trigger a lengthy process that will likely delay its enforcement.

Catch up quick: In addition to the $364 million in penalties, Engoron also barred Trump from running a business as an officer or director in New York for three years.

• Trump told reporters at the time of the ruling that he'd appeal the decision, and "if we're not successful, New York State is gone."

Background: Engoron found Trump liable for financial fraud in September. The January trial was to determine what penalties the former president and his business empire would face.

• New York Attorney General Letitia James sought a $370 million penalty from Trump for allegedly committing decades of financial fraud.
• She also wanted to bar Trump and his two sons from being able to do business in New York ever again.

MSN

www.msn.com

So how much have you contributed to the Dear Leader's legal defense fund, I mean campaign Rico?

 

[RicoSuave102954]

Why it matters: In legal filings Monday, the former president formally signaled his intent to appeal New York Judge Arthur Engoron's ruling, which will trigger a lengthy process that will likely delay its enforcement.

All the while President Trump will be headlining the 2024 Taking Care of Business Tour

 

[ICHawk-I]

Trump has every right to appeal, but he has to put up the $450 million-ish bond before he can do it. He has 30 days to do it. Shouldn't be a big deal for a billionaire.

 

[MitchLL]

Trump is playing the same game he's played his entire life...appeal every court decision and then appeal some more, and drag it out for years, if possible.

He's just a horrible person.

 

[SIXERS24]

He will get off easy on this clear 8th Amendment violation

That's why it will eventually end up in the Supreme Court if New York doesn't fix its own mess.

 

[ICHawk-I]

He will get off easy on this clear 8th Amendment violation

That's why it will eventually end up in the Supreme Court if New York doesn't fix its own mess.

Why is it a "clear" 8A violation? Guy made millions, while fudging numbers by millions over many years. Millions in penalties doesn't seem like an unfair judgement.

It's not like the state of NY just pulled some huge number out of the air to throw at the judge for a penalty. I'm fairly certain there was some reasonable calculations involved to come up with the amount they were asking.

 

[RollingBallofButcherKnives]

Trump has every right to appeal, but he has to put up the $450 million-ish bond before he can do it. He has 30 days to do it. Shouldn't be a big deal for a billionaire.

Chump….er, Trump Change

 

[ICHawk-I]

Chump….er, Trump Change

Will be fun to watch the MAGAts, who, after becoming legal experts, will become financial experts to justify why a guy who says he is a multi-billionaire can't just come up with the cash. It will likely be Olympic-grade mental gymnastics.

 

[BioHawk]

I want to see receipts on where the money he is putting up as bond is coming from. It would be interesting to see if the Saudi's or Russians are participating in this.

 

[SoProudNole]

Trump has every right to appeal, but he has to put up the $450 million-ish bond before he can do it. He has 30 days to do it. Shouldn't be a big deal for a billionaire.

Yep, OP premature ejaculated.

Trump's fraud appeal is worthless unless he finds cash to pay bond​

 

[NoleinATL]

It will be interesting to see if Trump can get a bond, that is a large amount of money to guarantee.

While I despise Trump, I do hope he wins this appeal. The banks are responsible for who they lend money to, and if they felt the documentation provided was enough to make lending decisions, then the state should not become involved in a private business matter.

 

[Scruddy]

Doesn't he still have to come up with the bond?

He's due to collect 4.5B off the truth social deal. Doubt he's concerned.

 

[jonesy5960]

He will get off easy on this clear 8th Amendment violation

That's why it will eventually end up in the Supreme Court if New York doesn't fix its own mess.

So he won't get off. Nobody is really disputing that he lied. The conversation will revolve around the appropriate damages.

 

[jonesy5960]

He's due to collect 4.5B off the truth social deal. Doubt he's concerned.

You should send him some more money just in case Scruddy.

 

[Scruddy]

You should send him some more money just in case Scruddy.

Have never given him or the republican party in general a penny. Cope harder though.

 

[jasonrann]

 

[RicoSuave102954]

Why is it a "clear" 8A violation? Guy made millions, while fudging numbers by millions over many years. Millions in penalties doesn't seem like an unfair judgement.

It's not like the state of NY just pulled some huge number out of the air to throw at the judge for a penalty. I'm fairly certain there was some reasonable calculations involved to come up with the amount they were asking.

"It's not like the state of NY just pulled some huge number out of the air to throw at the judge for a penalty"

Actually the judge pulled than number out of his A--.

 

[RicoSuave102954]

So how much have you contributed to the Dear Leader's legal defense fund, I mean campaign Rico?

That's Rico's business

 

[noStemsnoSTICKS]

He'll file another BK after he loses in November.