An appeal court imposed a fine of $ 500m (£ 372M) that President Donald Trump was ordered to pay in the New York Civil Fraud Trial last year.
Judge Arthur Angoran ordered Trump to pay the fee to increase the value of the properties of the Trump organization on a large scale to secure favorable loans.
In the ruling, judges of the New York Supreme Court Appellate Division said that while Trump was responsible for fraud, a fine of about half a billion dollars was high, which meant that it used to violate security in the US Constitution against serious punishment.
In the case, Judge Angoran ordered Trump to pay a fine of $ 355M, but with interest, the amount increased to more than $ 500m.
In the case against Trump, two of his adult sons and the Trump organization, Judge Angoran banned Trump from serving as a company director or taking loans from banks in the state for three years.
The appellate panel of five judges was divided on the properties of the original trial brought by New York Attorney General Latitia James, who accused Trump and his sons of “frequent and frequent frauds”.
