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Trump appeals the court's decision in the financial fraud case

2024-02-26 20:30:24, Kosova & Bota CNA

Trump appeals the court's decision in the financial fraud case

Former US President Donald Trump has appealed a court decision that forces him to pay $454 million after he was found guilty in a lawsuit filed against him for exaggerating the value of his wealth and properties to secure conditions better credit.

Trump has asked an appeals court to overturn the decision made by Judge Arthur Engoron on February 16.

In addition to the $354.9 million payment, Trump has also been restricted from doing business in New York state.

These punitive measures risk creating financial difficulties for Trump as he campaigns to win the Republican nomination for the November presidential election in the United States.

The Court of Appeal now has the possibility to suspend the decision made by the first instance court, until a new decision is made, which may last up to a year.

Trump has denied any wrongdoing in the case.

According to Forbes magazine, his fortune is worth 2.6 billion dollars, but there are dilemmas about how much cash he has in the banks.

In addition to this case, Trump is also required to pay $83.3 million to writer E. Jean Carroll, who sued the former president, who, according to her, denied raping her decades ago.

Trump has vowed to appeal this decision as well.

Another court case, for a criminal lawsuit against Trump, is expected to start on March 25.

In that process, Trump allegedly paid porn star Stormy Daniels in exchange for her silence before the 2016 election.

Trump also has lawsuits in Washington and Georgia, as he is also suspected of attempts to overturn the election result in the 2020 presidential elections, as well as of managing confidential documents after he left the White House.

Trump himself has pleaded not guilty in all four cases./ REL

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