A New York State appeals court has denied a request from former President Donald Trump to set aside a contempt of court ruling that resulted in a fine of $10,000 per day for refusing to turn over documents subpoenaed by the New York Attorney General’s office.
Manhattan Supreme Court Judge Arthur Engoron imposed a fine on Trump of $10,000 per day until he was satisfied that Trump had complied with the subpoena.
Trump filed a motion Monday afternoon asking the appeals court to stay the fine he’s being issued daily for refusing to comply with the subpoena.
However, according to CNBC News, his request was swiftly rejected by the court and Trump must pay his daily fine imposed by Engoron. Trump will owe more than $100,000 this week.
New York Attorney General Letitia James is investigating allegations that the Trump Organization improperly manipulated the stated valuations of real estate assets to obtain more favorable financial terms on loans, insurance, and taxes, CNBC News reported.