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The New York Court of Appeal rejected a huge sentence of civil fraud against President Donald Trump on Thursday, at the same time ratifying the conclusion of the judge that he was “inflating” his wealth for decades.
The decision saves Trump from a possible fine of half a billion dollars, but forbids his two eldest sons to serve corporate leaders for several years.
The decision was made seven months after the return of the Republicans to the White House.
A judge of five members of New York of the Court of Appeal said that the verdict, which was supposed to cost Trump more than $ 515 million (443 million euros) and to postpone the empire of his real estate, was “excessive”.
Having established that Trump made fraud, he clearly mislead the financial reporting addressed to creditors and insurers, judge Arthur Enrigoron ordered him to pay $ 355 million (305 million euros) last year.
With interest, the amount exceeded 515 million dollars.
The total amount – in combination with fines imposed on some other heads of Trump organization, including his sons, Eric and Donald Junior – currently exceeds 527 million US dollars ($ 453 million), as well as interest.
“While the temporary measures represented by the court were well developed to limit the accused business culture, the order of the court to remove fines, which claims that the accused must pay almost half a billion dollars to the state of New York, are excessive fines of the New York. Diane T. Renvik and Peter H. Mo. Mo. Monton in one of many opinions that led to a decision of the decision of the snap.
Other Enigoron fines ratified by the Court of Appeal were suspended during Trump’s appeal, and he managed to suspend a collection of $ 175 million (150 million euros).
The court, which was divided into the essence of the trial and the conclusion about the fraud of Enridigon, rejected the verdict as a whole, and also left the path to appeal to the state of the state, the appeal court.
The judges wrote that Trump and his co -authors may try to extend the cessation of the entry into force of any proposal.
The commission was very divided by releasing 323 pages with consulting and opposite opinions without most. On the contrary, some judges approved parts of their colleagues, complaining that allowed the court to manage.
Two judges wrote that they believe that the lawsuit of the general prosecutor of the new Lefezia James against Trump and his companies was justified and proved her case, but the sentence was very strict.
One of them wrote that James surpassed her legal power by fulfilling the lawsuit, saying that if one of Trump’s creditors felt deceived, he could sue him, and no one did.
One judge wrote that Enrigoron made a mistake that he decided before the trial that the prosecutor general proved that Trump was involved in fraud.
The Court of Appeal, the secondary section of the State Court of First Instance, took a lot of time to decide by weighing Trump’s appeal within almost 11 months after oral performances last fall. Usually, appeals are solved for several weeks or several months.
Leticia James said that the businessman, who became a politician, was involved in “lies, deception and shocking fraud.” Her office had no immediate comments after the decision of Thursday.