Source: United States & Canada – South China Morning PostAn appeal court has thrown out the massive civil fraud penalty against US President Donald Trump, ruling on Thursday in New York state’s lawsuit accusing him of exaggerating his wealth.
The decision came seven months after the Republican returned to the White House. A panel of five judges in New York’s mid-level Appellate Division said the verdict, which stood to cost Trump more than US$515 million and rock his real estate empire, was “excessive”.
After finding that Trump engaged in fraud by…Read More