• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

US Court Throws Out 500 Million USD Penalty Against Trump

OMMCOM NEWS by OMMCOM NEWS
August 22, 2025
in World

New York: A New York appeals court threw out a more than $500 million penalty plus interest against US President Donald Trump in a civil fraud case.

In the 323-page ruling by a five-judge panel, the Appellate Division of the New York Supreme Court upheld the verdict, saying that the size of the fine was “excessive” and that it “violates the Eighth Amendment of the United States Constitution.”

New York Attorney General Letitia James filed a lawsuit in 2022, accusing Trump and his company of overstating the value of his properties and other assets to obtain favorable bank loans or insurance terms, Xinhua news agency reported.

In February 2024, a judge found that Trump unlawfully inflated his wealth and ordered the president to pay the penalty, which has accumulated to more than $500 million plus interest. His two sons, Donald Trump Jr. and Eric Trump, were also told to hand over penalties respectively.

Trump called the ruling a “total victory” in a post on the Truth Social platform. “I greatly respect the fact that the Court had the courage to throw out this unlawful and disgraceful decision that was hurting business all throughout New York State,” he wrote.

The decision is “a significant legal boost for Trump, freeing him, for now, from a massive penalty that caused him financial headaches last year,” The Wall Street Journal said, adding that it also underscores the controversial nature of the case, both in its underlying legal issues and the political implications.

(IANS)

Tags: Donald Trumpnew yorkUS Court
ShareTweetSendSharePinShareSend
Previous Post

PM Modi To Visit Bihar, West Bengal Today

Next Post

SC To Resume Hearing On Pleas Challenging Bihar Voter List Revision Today

Related Posts

Pakistan’s Dangerous Game
World

Pakistan’s Dangerous Game: Wooing Trump At The Cost Of China

October 22, 2025
Russian President
World

Russian President To Skip G20 Summit In South Africa

October 22, 2025
American Farmers
World

American Farmers Face Tariff Ripples On Costs, Market Shifts: Reports

October 22, 2025
Tomato
World

Pakistan Pays Heavily For Afghan Conflict, Tomato Prices Jump To Rs 600 Per Kg

October 22, 2025
Afghanistan
World

Afghanistan Reminds Rogue Pakistan About Ceasefire Agreement Terms

October 22, 2025
Imran Khan's Sister
World

Pakistan: Court Again Issues Non-Bailable Arrest Warrant For Imran Khan’s Sister

October 22, 2025
Next Post

SC To Resume Hearing On Pleas Challenging Bihar Voter List Revision Today

Sri Lanka Is Always A Threat: Thisara Perera Ahead Of Asia Cup 2025

Karnataka Govt Writes To ECI On Preparations For Bengaluru Civic Body Polls

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.