Court Nixes ‘Excessive’ Penalty but Bans Trump, Sons from Corporate Leadership

A New York appeals court has thrown out the massive financial penalty imposed on President Donald Trump, sparing him from a fine that, with interest, had exceeded $500 million. The court, however, narrowly upheld the finding that Trump engaged in fraud by exaggerating his wealth for decades.

In a sharply divided decision, a panel of five judges in the Appellate Division ruled that the original $355 million fine was “excessive” and a violation of the Eighth Amendment of the U.S. Constitution. This ruling comes seven months after the Republican’s return to the White House.

While the court dismissed the financial penalty in its entirety, it upheld other punishments, including a ban on Trump and his two eldest so

See Full Page