Trump is appealing a €419 million fine for tax fraud imposed by a New York court

Trump is appealing a €419 million fine for tax fraud imposed by a New York court

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former president of the United States, Donald TrumpHe appealed the ruling issued by the court New YorkWhich convicted him of tax fraud for inflating the value of his assets and financial documents for more than a decade. the judge Arthur Engoron He was ordered to pay a fine of more than $360 million, amounting to 419 million euros with corresponding interest.

It also prohibited him from starting any type of business in New York State for three years. “We hope the Appellate Division will overturn this outrageous fine and take the necessary steps to restore confidence in New York’s legal system,” his attorney said. Alina for lovein a statement picked up by NBC News.

Until Trump pays the fine, he will continue to accrue about $114,000 per day in interest. If the former president fails to get a judge to freeze the fine, the New York Attorney General's Office will continue to collect about $114,000 per day in interest. Letitia JamesHe may begin confiscating assets within thirty days of the official publication of the decision.

Engoron convicted the former president of inflating the Trump Organization's personal net worth by $3.6 billion (about 3.3 billion euros) between 2011 and 2021, while also banning him from holding office positions at any company based in the state for three years. .

Trump also will not be able to apply for three-year loans from the state. The judge also appointed an independent employee to monitor the company's financial results for a period of three years and ordered two of his sons, Donald Trump Jr. I Eric TrumpBy paying four million dollars (3.7 million euros) to be held responsible for a series of tax fraud charges.

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