This Iranian-American Dem Just Shamed Her Party About the Airstrikes and Trump on...
When a Tyrant Dies, Let the Truth Be Loud
Pete Hegseth, Vindicated (Part Deux)
Here's the Delusional Reason Chris Murphy Thinks President Trump Authorized Airstrikes on...
U.S. B-2 Bombers Carried Out Another Successful Strike on Iranian Ballistic Missile Sites
Iran and Trump's Impossibles
10 Reported Dead After Pakistanis Attempt to Storm U.S. Embassy
Trump Calls on Iranian Military to Lay Down Arms or Face Certain Death
Thomas Massie Joins in With Democrat Allies Who Claim That Iran Strikes Are...
Miami Man Gets 4.5 Years in Prison for Possessing 450 Stolen or Counterfeit...
Illegal Immigrant Sentenced to 19 Years Over Alleged $4M Romance, Business Scams
Iran Moves to Install New Supreme Leader After Death of Supreme Leader Khamenei
Connecticut Man Sentenced to 6 Years for Online Threats Targeting South Carolina FBI...
Possible Islamic Terror Attack at Iconic Austin Bar Leaves Two Dead and Many...
Dems Defend Dead Iranian Tyrants
Tipsheet

Appeals Court Lays Waste to Letitia James' Legal Assault on Trump

Appeals Court Lays Waste to Letitia James' Legal Assault on Trump
AP Photo/Alex Brandon

Somebody might want to check on New York Attorney General Letitia James. An appeals court just threw out the $500 million civil fraud penalty against President Donald Trump that resulted from James’ lawsuit against him during the 2024 campaign.

Advertisement

From the Wall Street Journal:

The decision from a five-judge panel provides a significant legal boost for Trump in the case, which was brought by New York Attorney General Letitia James. 

“The court’s disgorgement order, which directs that defendants pay nearly half a billion dollars to the State of New York, is an excessive fine that violates the Eighth Amendment of the United States Constitution,” Justice Peter Moulton wrote in one of three opinions, none of which commanded a majority. 

James, a Democrat, sued Trump in September 2022. She said her office had uncovered “incredible fraud and illegality,” alleging that Trump, his two eldest sons and former Trump Organization executives had lied to lenders to get cheaper real estate financing.

Her lawsuit claimed that Trump’s financial statements systematically overestimated the value of his marquee Manhattan skyscrapers, golf courses and other properties in financial statements to lenders.

James filed the lawsuit against Trump in September 2022, claiming that Trump, his company, his three eldest children, and others had engaged in a decades-long scheme to “falsely inflate his net worth by billions of dollars.”

Advertisement

The attorney general accused Trump of providing false information to secure favorable loan conditions, insurance terms, tax benefits, and continued access to credit by misrepresenting the size and values of his assets.

After an 11-week trial that wrapped up in early 2024, anti-Trump Judge Arthur Engoron found the president and his associates liable for fraud. He ordered a $354 million penalty, along with interest, which brought the total to just under $500 million.

The judge also imposed a three-year ban on Trump barring him from serving as an officer or director of his New York companies. He also prohibited him from receiving loans from New York financial institutions and mandated government supervision of the Trump Organization. 

Unfortunately for James and Engoron, the appeals court understood that the penalty was far too harsh.

The lawsuit was one of several efforts Democrats made to influence the outcome the 2024 election by weaponizing the legal system against Trump.

Meanwhile, James is facing her own investigation into allegations of mortgage fraud. 

Editor’s Note: Help us continue to report the truth about corrupt politicians like Letitia James.

Join Townhall VIP and use promo code FIGHT to get 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement