Donald Trump Fights $500M Fraud Judgment in NY Appellate Court

Donald Trump is appealing a $500 million fraud judgment in New York’s mid-level appellate court. The case stems from accusations that Trump inflated his assets to secure loans and deals. Trump's lawyers argue the judgment is unjust and biased, while state lawyers defend the verdict.


Devdiscourse News Desk | Newyork | Updated: 26-09-2024 12:42 IST | Created: 26-09-2024 12:42 IST
Donald Trump Fights $500M Fraud Judgment in NY Appellate Court

Donald Trump is set to contest a $500 million civil fraud judgment as his legal team heads to New York's appellate court. The former president is pushing to overturn a ruling that claims he lied about his wealth to banks and insurers.

The court will hear arguments from both sides on Thursday, with Judge Arthur Engoron's previous verdict stating that Trump inflated his net worth by billions. Trump's defense argues the verdict is biased and unjust, citing statute of limitations and judicial overreach.

State lawyers, however, maintain that there is ample evidence to uphold the judgment. A decision is expected within a month, potentially influencing Trump's political future.

(With inputs from agencies.)

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