NEW YORK (AP) — An appeals court has thrown out the massive civil fraud penalty against President Donald Trump.
A five-judge panel ruled Thursday in New York state’s lawsuit accusing the businessman-turned-politician of exaggerating his wealth. The decision came seven months after the Republican returned to the White House.
The decision in New York’s mid-level Appellate Division altered a verdict that stood to cost Trump over $515 million and rock his real estate empire.
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