Trump appeals $454M civil business fraud ruling
Former President Donald Trump Appeals $355 Million Fine and Business Ban
Former President Donald Trump is fighting back against a New York court decision that imposed a hefty fine of over $355 million and banned him from conducting business in the state. The court found Trump guilty of fraudulently inflating his net worth to secure more favorable loans.
In his appeal to a state appellate court, Trump’s legal team argues that Justice Arthur Engoron made errors of law and fact and abused his discretion. They are urging the court to overturn the ruling and restore public faith in New York’s legal system.
Justice Engoron had ruled against Trump in September, stating that he and his associates had engaged in a long-standing scheme to deceive banks and insurers. However, no evidence was presented during the trial to prove that any financial institutions suffered losses as a result of working with Trump.
As a result of the ruling, Trump is prohibited from conducting business in New York for three years, and a court-appointed monitor has been assigned to oversee his business operations in the meantime.
Furthermore, Trump is accruing post-judgment interest at a staggering rate of $111,984 per day until the fine is paid. With the ruling dating back to September, it is estimated that Trump owes over $99 million in interest alone.
It is important to note that Trump’s appeal does not indicate whether he has obtained an appeal bond, which would temporarily halt the enforcement of the judgment against him.
Despite these legal challenges, Trump remains the front-runner for the Republican nomination and is expected to face off against President Joe Biden in the upcoming November election. Additionally, he is currently facing four separate criminal indictments, two of which accuse him of conspiring to overturn his 2020 election loss.
What are the health and well-being benefits for girls and their families when they receive an education
There are several reasons why it is important to educate girls. Here are a few:
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6. Social Change: Educated girls can bring about positive social change in their communities. They become agents of change, challenging harmful practices and advocating for gender equality, education, and other important issues.
Overall, educating girls is a powerful way to create a more equitable and sustainable world. It empowers girls to reach their full potential and contribute meaningfully to society.
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