Trump wins $515 million penalty in New York fraud case
New York Attorney General Letitia James is trying to reinstate a fraud penalty of more than $515 million against Donald Trump after an appeals court tossed it out, saying the fine was too steep under the Constitution.
Trump called the decision a "TOTAL VICTORY," but some penalties still stand, after the court found he committed fraud.
What do both sides want?
James's 2022 lawsuit said Trump inflated his property values—think Trump Tower and Mar-a-Lago—to mislead banks.
The original penalty started at $355 million and ballooned to over $515 million with interest before being overturned.
Now, both sides are appealing: James wants the big fine back, while Trump is fighting other bans that keep him and his sons out of New York business leadership.
The final outcome is still up in the air as higher courts decide what happens next.