Appeals Court Upholds $110,000 Contempt Fine for Trump in New York Attorney General Case

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Appeals Court Upholds $110,000 Contempt Fine for Trump in New York Attorney General Case
France Dernières Nouvelles,France Actualités
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A New York appeals court panel upheld a $110,000 fine on former President Trump that a judge imposed last spring after he was found in contempt for failing to turn over documents to the state AG's office as part of an investigation of his company.

"For years, he tried to stall and thwart our lawful investigation into his financial dealings, but today's decision sends a clear message that there are consequences for abusing the legal system," she said."We will not be bullied or dissuaded from pursuing justice.

The suit alleges that Trump grossly overstated the value of his assets to banks, insurers and the IRS to get better loan and insurance terms for the Trump Organization, and to obtain tax benefits. In addition to huge financial damages, James' suit seeks to permanently bar Trump and his children — Donald Trump Jr., Eric Trump and Ivanka Trump — from serving as an officer of a company in New York, and permanently bar the Trump companies named as defendants from doing business in New York state.

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