Her office filed a notice of appeal Thursday with New York’s highest court, signaling its intention to challenge a midlevel appeals court’s decision that wiped away the roughly $500 million penalty but otherwise affirmed the trial court.
Judges on the state Appellate Division’s First Department issued a deeply fractured decision last month upholding the lower court’s determination that Trump and other defendants, including his eldest sons, conspired to alter his net worth for tax and insurance benefit.
Despite the ruling, the midlevel court also called the financial penalty imposed on Trump’s business by Judge Arthur Engoron – $527 million – “excessive.”
“Tish James should focus on her own problems and stop wasting New York State taxpayers’ hard earned dollars on her failed Witch Hunt against President Trump, his family, and the magnificent business that he built,” a White House statement said today.
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Marked down 45% again today
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