New York appeals court tosses $515m civil fraud penalty against Trump | Donald Trump News

The court’s ruling delivers a major victory to the US president, who has rejected accusations he inflated his assets.

An appeals court in New York has thrown out a civil fraud penalty that would have cost United States President Donald Trump and his business associates nearly half a billion dollars, calling the fine “excessive”.

On Thursday, a five-judge panel in New York’s Appellate Division rendered its decision after weighing Trump’s appeal for nearly 11 months.

In its ruling, the…

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News Source: www.aljazeera.com

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