Trump Scores Major Win as Judges Toss His Civil Fraud Ruling
Donald Trump might not have to pay the piper after all.
A New York appeals court threw out the president’s $500 million civil fraud fine Thursday, claiming the resulting penalty for the Trump Organization’s bank fraud case was an “excessive fine.”
“The court’s disgorgement order, which directs that defendants pay nearly half a billion dollars to the State of New York, is an excessive fine that violates the Eighth Amendment of the United States Constitution,” Justice Peter Moulton wrote in one of three opinions.
The contentious decision from the five-judge panel paves the way for the case to advance to New York’s highest court.
This is a developing story.
Originally published by newrepublic.com. Syndicated material does not necessarily reflect the views of Grazia British.
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