Trump escapes $454M fraud penalty: What the ruling means and what happens next
Published on: Aug. 21, 2025, 9:58 p.m. | Source: Economic Times
Donald Trump civil fraud penalty overturned — In a major legal twist, a New York appeals court has thrown out the $454 million civil fraud judgment against President Donald Trump, a penalty that had threatened his business empire. The case, brought by Attorney General Letitia James, accused Trump of inflating property values to secure loans and insurance deals.
