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A panel of judges on a New York appeals court expressed skepticism over the massive $450 million judgment levied against former President Donald Trump after he was found liable for civil fraud last year.
The massive civil fraud lawsuit was brought by New York Attorney General Letitia James. Judge Arthur Engoron issued a summary judgment against Trump back in September 2023, finding that the former president overvalued his assets and lied about his net worth to obtain better interest rates for bank loans.
Engoron’s final judgment found Trump liable for $364 million before interest in February. The amount the former president owes has grown to over $450 million in the months since.
Read more at The Daily Beast.
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