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Trump appeals New York civil fraud verdict

www.cnbc.com Trump appeals New York civil fraud verdict

Donald Trump filed a notice of appeal of the NY civil judgment finding him liable for fraudulently inflating his net worth on years of financial statements.

Trump appeals New York civil fraud verdict

KEY POINTS

  • Former President Donald Trump is appealing the New York civil judgment finding him liable for fraudulently inflating his net worth on years of financial statements.
  • Judge Arthur Engoron had ordered Trump to pay more than $450 million in fines and interest for his fraudulent business practices.
  • The notices of appeal do not indicate that Trump has secured an appeal bond, which is required in order to pause the judgment from being enforced.
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