Former President Donald Trump's lawyers have filed a notice to appeal Judge Arthur Engoron's civil fraud ruling finding Trump liable for more than $454 million in fines and interest.
The appeal challenges Engoron's findings that Trump fraudulently inflated his net worth to secure more favorable loans and grow his real estate empire.
Per CNBC:
Engoron also barred Trump for three years from running a business in New York or applying for loans from financial institutions registered with the state.
Trump's post-judgment interest will continue to accrue at $111,984 each day until it is paid, according to the office of New York Attorney General Letitia James, who brought the case against Trump and his company.
Trump's co-defendants, including Eric Trump, Donald Trump Jr., a slew of Trump Organization entities and two of its executives, joined Monday's notice of appeal.
Trump is running for president as he challenges civil judgments totaling well over half a billion dollars in fines. He is also grappling with 91 criminal counts in four separate courtrooms — two of which accuse him of illegally conspiring to overturn his loss to President Joe Biden in the 2020 election.
This is a breaking news story. Please check back for updates.
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