Trump Lawyers Appeal New York Verdict In Business Fraud Case

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Trump,Appeal,Fraud

Donald Trump's lawyers are appealing a $250 million verdict against him in a New York civil fraud case brought by Attorney General Letitia James. The former president is accused of inflating his net worth to secure favorable loan and insurance deals.

Republican presidential nominee former President Donald Trump speaks during a campaign event, Wednesday, Sept. 25, 2024, in Mint Hill, N.C.

They contend some allegations should have been barred by the statute of limitations and that the state shouldn't be policing private business transactions. They have also complained about Engoron's handling of the case, accusing the judge of "tangible and overwhelming" bias and exceeding his authority.

Ruling after a 2 1/2-month trial, Engoron found that Trump had padded his net worth by several billion dollars on annual financial statements by overvaluing assets including his golf courses and hotels, Mar-a-Lago estate in Florida and Trump Tower penthouse in Manhattan.

 

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