A state appeals court in New York has thrown out a multi-million dollar fraud penalty against Donald Trump and his associates, handing the president a significant financial victory in a lawsuit alleging massive fraud in his family business.
Last year, a verdict in Manhattan found that Trump and his co-defendants in his Trump Organization empire had illegally enriched themselves by defrauding banks and investors as part of a decade-long scheme to secure favorable financing terms for some of his brand-building properties.
