Trump’s $500 million fraud fine axed: NY appeals court cites excessive penalty; injunctions remain intact

Donald Trump (left), Letitia James (TOI) A New York state appeals court on Thursday overturned the more than $500 million civil fraud penalty imposed on US President Donald Trump and his company, ruling that the amount violated the eighth amendment’s ban on excessive fines, reported CNBC.The decision, delivered by the first judicial department of the […]

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