An appeals court throws out a massive civil fraud penalty against President Trump

The Associated Press

August 21, 2025 / 9:52 am

NEW YORK — A New York appeals court on Thursday threw out the massive financial penalty a state judge imposed on President Donald Trump, while narrowly upholding a finding he engaged in fraud by exaggerating his wealth for decades. The ruling spares Trump from a potential half-billion-dollar fine but bans him and his two eldest sons from serving in corporate leadership for a few years.

Trump, in a social media post, claimed "total victory."

"I greatly respect the fact that the Court had the Courage to throw out this unlawful and disgraceful Decision that was hurting Business all throughout New York State," he wrote.

The decision came seven months after th

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