Civil fraud penalty against Trump rejected
NEW YORK (AP) — President Donald Trump is declaring victory after an appeals court threw out the massive civil fraud penalty against him. But the court has upheld other punishments, such as banning Trump and his two eldest sons from serving in corporate leadership for a few years. A five-judge panel ruled Thursday in New York state’s lawsuit accusing the businessman-turned-politician of exaggerating his wealth. The decision in the mid-level Appellate Division altered a verdict that stood to cost Trump more than $515 million and rock his real estate empire. The Republican president says the case and the verdict were political moves by Democrats. New York’s Democratic attorney general says the court affirmed the finding Trump was liable for fraud.