<br><div><aside class="gnt_em gnt_em__fp gnt_em_vp__tp gnt_em__el" aria-label="Video - Judges orders Donald Trump to pay over $300 million in damages in real estate fraud case"/><p class="gnt_ar_b_p">Former President Donald Trump filed an appeal Monday against the <a target="_blank" href="http://www.usatoday.com/story/news/politics/2024/02/16/donald-trump-real-estate-fraud/72267145007/" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">dramatic $454 million court loss he suffered</a> in a New York real estate fraud case.</p><p class="gnt_ar_b_p">Trump's liability includes <a target="_blank" href="https://www.documentcloud.org/documents/24440992-22324-engoron-money-judgment" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">penalties of about $355 million plus interest</a> that started running at different times for different Trump properties. Interest will continue accumulating at 9% a year until the judgment is paid, under state law.</p><p class="gnt_ar_b_p">New York Attorney General Letitia James accused Trump in the lawsuit of wildly overstating the value of his assets in financial statements provided to banks.</p><p class="gnt_ar_b_p">In a <a target="_blank" href="https://www.documentcloud.org/documents/24440971-21624-engoron-ruling" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">decision</a> Feb. 16, Justice Arthur Engoron wrote that the frauds uncovered in an investigation by the New York Attorney General's Office "leap off the page and shock the conscience."</p><aside aria-label="advertisement" class="gnt_m gnt_x gnt_x__lbl gnt_x__al"/><p class="gnt_ar_b_p">In addition to an $83.3 million loss in court last month to writer E. Jean Carroll in a New York defamation case, the verdict in Trump's civil fraud trial has created a <a target="_blank" href="http://www.usatoday.com/story/news/politics/2024/02/17/donald-trump-court-losses-finances-appeal/72407719007/" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">cash crunch for the real estate mogul, who now owes more than half a billion dollars</a>.</p><p class="gnt_ar_b_p"><strong>Prep for the polls:</strong> <a target="_blank" rel="noopener" data-t-l=":body nav (vg)|e|auto spike click:6|${u}" class="gnt_ar_b_a" href="http://www.usatoday.com/elections/voter-guide/">See who is running for president and compare where they stand on key issues in our Voter Guide</a></p><figure class="gnt_em gnt_em_img"><img class="gnt_em_img_i" style="height:440px" fetchpriority="high" data-g-r="lazy" src="https://www.usatoday.com/gcdn/authoring/authoring-images/2024/02/16/USAT/72633151007-afp-2008846349.jpg?width=660&height=440&fit=crop&format=pjpg&auto=webp" srcset="https://www.usatoday.com/gcdn/authoring/authoring-images/2024/02/16/USAT/72633151007-afp-2008846349.jpg?width=1320&height=880&fit=crop&format=pjpg&auto=webp 2x" decoding="async" alt="(FILES) Former US President Donald Trump sits in New York State Supreme Court during the civil fraud trial against the Trump Organization, in New York City on January 11, 2024. A US judge ordered Trump on February 16, 2024 to pay nearly $355 million after finding him liable for fraud and banned him from running businesses in New York state for three years. (Photo by Charly TRIBALLEAU / AFP) (Photo by CHARLY TRIBALLEAU/AFP via Getty Images) ORIG FILE ID: 2008846349"/></figure><p class="gnt_ar_b_p">Trump filed the <a target="_blank" href="https://www.documentcloud.org/documents/24440956-trump-appeal-22624" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">appeal document</a> Monday along with his two oldest sons, former Trump Organization executives, and several business entities.</p><p class="gnt_ar_b_p">Engoron's financial judgment across the defendants totaled about $464.6 million, including interest, <a target="_blank" href="https://www.documentcloud.org/documents/24440992-22324-engoron-money-judgment" rel="noopener" data-t-l=":b|e|k|${u}" class="gnt_ar_b_a">as of Friday</a>. That includes penalties and interest against Trump's sons Don Jr. and Eric of about $4.7 million each. Trump and his sons have denied any...</p></div> <style> .wrapper { text-align: center; } </style> <div class="wrapper"> <a class="button" href ="https://www.usatoday.com/story/news/politics/2024/02/26/donald-trump-appeals-loss-in-new-york-civil-fraud-case/72744994007/">Read more <span>➤</span></a> </div>
