ExpressLane
Verified User
Legal experts say Trump’s whopping New York fee could be ‘excessive’ under Constitution: ‘unheard of’
After scoring a major win Monday in the New York civil fraud case against him, legal experts weigh whether former president Donald Trump can appeal the $454 million judgment as a violation of his constitutional rights.
The 45th president and presumptive GOP nominee in the 2024 election had until Monday to pay a $454 million bond or face seizure of his assets by Attorney General Letitia James, in accordance with an order by Judge Arthur Engoron.
But just hours before the deadline, the New York Appeals court slashed the bond by 60%, ordering Trump to pay $175 million while the case is appealed.
Legal experts told Fox News Digital that one legal avenue Trump and his lawyers could and should pursue is trying to prove that the whopping half-billion figure violates a U.S. constitutional amendment that bans "excessive fines."
James sued Trump under a New York State Executive law that gives broad investigative authority and that was designed to protect against consumer fraud.
She accused him and his company of inflating the values of properties in order to secure better rates on loans from banks. In this unusual case, the state couldn’t prove obvious victims Trump had harmed that incurred major losses.
Manhattan Supreme Court Judge Engoron in February sided against Trump, and imposed what's known as a "disgorgement" — a legal remedy that requires someone who profited illegally to give back any profits made while engaging in the illegal activity.
"It is unheard of to seek repayment of over $464 million when there was no identifiable victim and when the entities on the other side of all of these transactions were sophisticated investors who conducted their own due diligence," John Malcolm, a former assistant U.S. Attorney in Atlanta, told Fox News Digital in an interview.
Notably, bank executives who worked with Trump testified in court that they were happy with their business dealings with him, and even sought additional business with Trump, whom they viewed as a "whale of a client."....
=====================
Telling the bank to rely on their own evaluation seems to shoot holes into the intent to defraud arguments. And the largest ever fine for a private citizen seems to violate the 8th amendment prohibiting excessive fines. Judge Engomoron is a nutbag that leers at women in his gym making them uncomfortable. Why are democrat heroes such basket cases? Just take a look at a picture of him and you know he is an idiot.
After scoring a major win Monday in the New York civil fraud case against him, legal experts weigh whether former president Donald Trump can appeal the $454 million judgment as a violation of his constitutional rights.
The 45th president and presumptive GOP nominee in the 2024 election had until Monday to pay a $454 million bond or face seizure of his assets by Attorney General Letitia James, in accordance with an order by Judge Arthur Engoron.
But just hours before the deadline, the New York Appeals court slashed the bond by 60%, ordering Trump to pay $175 million while the case is appealed.
Legal experts told Fox News Digital that one legal avenue Trump and his lawyers could and should pursue is trying to prove that the whopping half-billion figure violates a U.S. constitutional amendment that bans "excessive fines."
James sued Trump under a New York State Executive law that gives broad investigative authority and that was designed to protect against consumer fraud.
She accused him and his company of inflating the values of properties in order to secure better rates on loans from banks. In this unusual case, the state couldn’t prove obvious victims Trump had harmed that incurred major losses.
Manhattan Supreme Court Judge Engoron in February sided against Trump, and imposed what's known as a "disgorgement" — a legal remedy that requires someone who profited illegally to give back any profits made while engaging in the illegal activity.
"It is unheard of to seek repayment of over $464 million when there was no identifiable victim and when the entities on the other side of all of these transactions were sophisticated investors who conducted their own due diligence," John Malcolm, a former assistant U.S. Attorney in Atlanta, told Fox News Digital in an interview.
Notably, bank executives who worked with Trump testified in court that they were happy with their business dealings with him, and even sought additional business with Trump, whom they viewed as a "whale of a client."....
=====================
Telling the bank to rely on their own evaluation seems to shoot holes into the intent to defraud arguments. And the largest ever fine for a private citizen seems to violate the 8th amendment prohibiting excessive fines. Judge Engomoron is a nutbag that leers at women in his gym making them uncomfortable. Why are democrat heroes such basket cases? Just take a look at a picture of him and you know he is an idiot.