After Donald Trump was fined more than $350 million in a fraud trial, the ex-president’s lawyers appealed. According to official databases, they submitted the relevant documents to the court on Monday.
The civil case concerned the future of Trump’s business empire. Prosecutors accused Trump, his sons and employees of manipulating the value of the Trump Organization for years to obtain cheaper loans and insurance contracts. Judge Arthur Engoron agreed to this before the trial started last year – and then decided about ten days ago that the former US president had to pay a fine of about 355 million dollars (about 330 million euros). In addition, the real estate entrepreneur is not allowed to operate a business in New York state for three years.
Immediately afterwards, Trump described the order as “complete and total hypocrisy” and his lawyers immediately announced they would appeal. Nevertheless, according to consistent reports in the US media, the ex-president must deposit the money – plus interest – or some form of security within 30 days. If he doesn’t comply, he could face property seizure, New York Attorney General Letitia James said. (dabbing/sda/dpa)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
