Staff Reports
In a stunning victory for former President Donald Trump, a New York appeals court slashed his whopping civil fraud judgment from a jaw-dropping $464 million to a still hefty $175 million. Who would have thought that the former president could catch a break in the Big Apple of all places? The court even threw in a cheeky 10-day delay for Trump to cough up the reduced amount. Well, well, somebody in New York must be feeling generous!
Trump civil fraud judgment delayed, reduced to $175 million by appeals court https://t.co/S6uFWauPuv https://t.co/S6uFWauPuv
— Washington Examiner (@dcexaminer) March 26, 2024
The decision couldn’t have come at a better time for Trump, as he was on the brink of having his assets seized by none other than Attorney General Letitia James, a Democrat no less. It’s no secret that Democrats have been after Trump like a dog on a bone, but this time, it seems like the former president managed to slip out of their grasp, at least for now.
In a bold move, Trump had the audacity to ask the appeals court to either put the whole whopping judgment on hold or at least accept a more modest bond of just $100 million. And wouldn’t you know it, the court actually sided with him! Talk about turning the tables in Trump’s favor.
The civil fraud case dealt a major blow to the Trump Organization, as New York Supreme Court Justice Arthur Engoron ordered Trump to pay nearly $355 million in penalties plus interest. It’s a wonder the former president’s lawyers managed to scrape together even the reduced bond amount of $175 million. The things people can accomplish when they put their minds to it!
Now, with the reduced bond in hand, Trump’s assets are safe for the time being, much to the chagrin of Attorney General James. She had already filed judgments in Westchester County, eyeing Trump’s golf resort and a sprawling 212-acre estate. But it looks like those properties will remain secure a little while longer.
As if that wasn’t enough drama for one day, Trump also found himself in criminal court for a separate hush money case. His lawyers were busy trying to delay the trial due to a last-minute document dump by the U.S. Attorney’s Office for the Southern District of New York. It seems like the legal battles just keep piling up for the former president.
But hey, at least the appeals court gave him a sliver of hope in his civil fraud case. It looks like Trump will live to fight another day, and who knows, maybe Lady Luck will continue to smile upon him. After all, stranger things have happened in the crazy world of politics!
