Former US President Donald Trump, his two sons and former Trump Organization Chief Financial Officer Allen Weisselberg have appealed a New York court's ruling to pay a fine of nearly $355 million.
Previously, the court concluded that Mr. Donald Trump had inflated the value of his assets to obtain preferential loans from banks. Ms. Alina Habba, lawyer of Mr. Donald Trump, expressed confidence that the appeals court will reverse the decision and take the necessary measures to "restore public confidence in the New York legal system."
At the end of a controversial three-month trial in Manhattan on February 16, the court ruled that the former US President must pay a fine of $354.9 million for the above violations. If interest accrued on fraudulent business activities before the trial opened, the fine would be more than $454 million. In addition to civil lawsuits, Mr. Donald Trump also faces 91 charges in four criminal cases, as he is trying to become the Republican candidate to run for the White House in 2024.
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