A five-judge panel of a New York appellate court on Thursday found that a $515 million fraud judgment against President Donald Trump was unconstitutional and violated the Eighth Amendment’s prohibitions on excessive fines.
Judge Arthur Engoron originally imposed a $355 million penalty as part of New York Attorney General Letitia James’s civil fraud case against the then-presidential candidate. Other interest assessments, led the figure to balloon to more than half of $1 billion by August, Newsmax reported.
Read More
