A New York appeals court on Thursday threw out President Donald Trump’s massive civil fraud penalty while upholding a judge’s finding that he exaggerated his wealth for decades. The ruling spares Trump from a potential half-billion-dollar fine but bans him and his two eldest sons from serving in corporate leadership for a few years.

A New York state appeals court threw out an approximately half-billion dollar penalty that Donald Trump had been ordered to pay after a judge found that the US president fraudulently overstated the va