NY state urges appeals court to uphold Donald Trump's nearly $500 million civil fraud judgment
Donald Trump's nearly USD 500 million civil fraud judgment, arguing there's «overwhelming evidence» to support a judge's finding that the former president lied for years about his wealth as he built his real estate empire. In paperwork filed ahead of oral arguments next month, New York Attorney General Letitia James' office said the current Republican nominee's appeal is awash in «meritless legal arguments» and ignores volumes of trial evidence showing that he and his co-defendants engaged in «fraud and illegality on an immense scale.»
«On appeal, defendants tellingly ignore almost all their deceptions,» Assistant Solicitor General Daniel S Magy wrote in a 168-page submission to the state's mid-level appeals court known as the Appellate Division.
Trump, his company and top executives including his sons Eric and Donald Trump Jr «created and used financial statements rife with blatant misrepresentations and omissions to maintain loans worth more than half a billion dollars and to generate over USD 360 million in ill-gotten profits,» Magy wrote.
The Appellate Division said Wednesday that it will hear the case on September 26, about six weeks before Election Day and just after the start of early voting in some states. The court typically rules about a month after arguments, meaning a decision could come before the presidential race ends.
If upheld, the judgment threatens to dent Trump's personal wealth, disrupt his Trump Organization and damage his identity as a savvy businessman. As of Wednesday, the Trump
