<p>纽约（美联社）——在纽约上诉法院撤销了一项可能使唐纳德·特朗普损失超过五亿美元的民事欺诈罚款后，特朗普迅速宣布 “完全胜利”。</p>
<p>但周四的裁决推翻了纽约州检察长莱蒂西亚·詹姆斯诉讼中的关键惩罚，并不是最后的决定。作为民主党人的詹姆斯誓言将向该州最高法院上诉。</p>
<p>由于这起诉讼，特朗普仍面临其他惩罚——包括禁止他和他的两个大儿子在几年内担任公司领导职务——并可能上诉以试图推翻这些惩罚。</p>
<p>以下是法院裁决的情况以及接下来的步骤：</p>
<p>上诉法院裁定罚款过高</p>
<p>纽约中级上诉法庭的五名法官小组推翻了特朗普的巨额罚款，同时狭义上支持了下级法院的裁定，认为他、他的公司及共同被告通过夸大他在财务报表上的财富而实施了欺诈，这些财务报表用于获取贷款和达成交易。</p>
<p>“虽然确实发生了损害，但这并不是可以证明近五亿美元赔偿的灾难性损害，” 两名法官写道。</p>
<p>法官裁定，这项罚款——起初为 3.55 亿美元，随着利息的增加已超过 5.15 亿美元——违反了美国宪法对过高罚款的禁止。他们还驳回了对特朗普的共同被告，包括儿子和特朗普集团高管埃里克·特朗普和唐纳德·特朗普 Jr.的数百万美元罚款。</p>
<p>‘这里发现的欺诈跃然纸上，’ 法官说。</p>
<p>詹姆斯，这位特朗普的长期对手，在 2022 年起诉他，指控他在财务文件上夸大了数十亿美元的净资产，并习惯性地误导银行和其他人关于高尔夫球场、酒店、特朗普大厦和他的海湖庄园等珍贵资产的价值。</p>
<p>经过审判，阿瑟·恩戈伦法官去年裁定詹姆斯已证明特朗普与其公司高管进行了长达数年的阴谋，欺骗银行和保险公司关于他的财富和资产。</p>
<p>“这里发现的欺诈跃然纸上，令人震惊，” 恩戈伦在 2024 年 2 月写道。</p>
<p>詹姆斯计划上诉法院裁决</p>
<p>詹姆斯周四表示，她将寻求在该州最高法院——上诉法院挑战上诉法庭的裁决。</p>
<p>尽管意见分歧，上诉法庭的法官一致认为特朗普的罚款过高。这可能使詹姆斯的办公室很难说服上诉法院介入并恢复罚款。</p>
<p>但在多层次的上诉法院系统中，上诉法庭和上诉法院并不总是保持一致。</p>
<p>特朗普也可以选择对法院的裁决提出上诉，以进一步抗争他实施欺诈的裁定。给他的律师留下了寻求评论的消息。</p>
<p>特朗普现在可以拿回他的保证金</p>
<p>特朗普从未支付下级法院的巨额罚款，因此不会有任何五亿美元的支票交换。</p>
<p>相反，特朗普现在有资格拿回他为阻止收款而提交的 1.75 亿美元保证金。在上诉过程中，这种保证金很常见，作为支付的担保。</p>
<p>在詹姆斯提出可能州政府会扣押他的资产，如果他无法支付罚款或未能及时支付的情况下，特朗普获得了这笔保证金。</p>
<p>如果上诉法庭裁定特朗普败诉并维持罚款，他将需要承担全部金额。现在，除非上诉法院推翻裁决，他和他的共同被告欠款为 0。</p>
<p>特朗普的其他惩罚仍然有效</p>
<p>上诉法庭取消了特朗普的金钱惩罚，但维持了其他惩罚。这些包括：</p>
<p>—— 对特朗普的儿子埃里克和唐纳德·特朗普 Jr.的两年禁令，禁止他们担任纽约公司的董事或高管，实际上将他们踢出了管理特朗普集团日常运营的角色。</p>
<p>—— 对特朗普在纽约担任公司领导职务的三年禁令。</p>
<p>—— 对特朗普及其公司在纽约注册的银行贷款的三年禁令。</p>
<p>这些措施在上诉过程中一直处于暂停状态，法官表示，特朗普可以寻求法院命令以延长暂停，等待进一步上诉。</p>
<p>裁决可能导致另一次审判</p>
<p>上诉法庭的法官在是否有必要或实际举行另一次审判上存在分歧。重新审判的前景，特朗普或至少他的律师再次在曼哈顿法庭上进行辩论，是分歧法官在三份不同的附和和异议意见中讨论的多个主题之一，总计 323 页和超过 10 万字。</p>
<p>法官约翰·希吉特和利内特·罗萨多认为，新的审判是必要的，因为恩戈伦未能遵守之前上诉法庭的裁决，要求他剔除被时效限制禁止的指控。</p>
<p>但法官黛安·伦威克和彼得·莫尔顿写道，“很难想象” 在特朗普担任总统期间会发生另一次审判，称 “重建大量证词和文件的记录” 的想法既 “艰巨又不必要”。民主党任命的法官写道，这样做 “可能会将这个有价值的案件送入遗忘之中。”</p>
<p>另一位法官大卫·弗里德曼则独自主张该案应完全驳回，根本不应提起。</p>
<p>他质疑詹姆斯起诉特朗普的动机，以及根据州法律，她是否有权就私人商业交易将他告上法庭，而没有任何相关方抱怨被欺骗。</p>
<p>“显然，她的最终目标不是 ‘市场卫生’……而是政治卫生，最终导致特朗普总统的政治生涯被 derail 和他的房地产生意被摧毁，” 弗里德曼写道。</p>
<p>“选民显然对他的政治生涯做出了裁决，” 他继续说道。“今天的法庭一致阻止了摧毁他商业的努力。”</p>
<h2>你现在应该投资 $1,000 到哪里？</h2>
<p>在你进行下一笔交易之前，你会想听听这个。</p>
<p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。</p>
<p>我们的团队已经确定了五只股票，顶级分析师正在悄悄地向他们的客户推荐，现在就买入，以便在更广泛的市场注意到之前……而且这些大牌股票都不在名单上。</p>
<p>他们认为这五只股票是投资者现在应该购买的五家最佳公司……</p>
<p>在这里查看这五只股票</p>

特朗普媒体科技集团

<p>纽约上诉法院推翻了对总统唐纳德·特朗普的 5.15 亿美元民事欺诈罚款，认为该罚款过高。特朗普将这一裁决庆祝为 “完全胜利”，但纽约州检察长莱蒂蒂亚·詹姆斯计划向该州最高法院上诉。尽管罚款被撤销，但其他制裁仍然有效，包括特朗普及其儿子在纽约的企业领导职位为期三年的禁令。特朗普有资格收回在上诉过程中缴纳的 1.75 亿美元保证金</p>

<p>NEW YORK (AP) — President Donald Trump was quick to declare “TOTAL VICTORY” after a New York appeals court threw out a civil fraud penalty that stood to cost him more than a half-billion dollars.</p>
<div class="lb-trans"><p>纽约（美联社）——在纽约上诉法院撤销了一项可能使唐纳德·特朗普损失超过五亿美元的民事欺诈罚款后，特朗普迅速宣布 “完全胜利”。</p>
</div><p>But Thursday’s ruling overturning the key punishment in New York Attorney General Letitia James’ lawsuit isn’t the last word. James, a Democrat, has vowed to appeal to the state’s highest court.</p>
<div class="lb-trans"><p>但周四的裁决推翻了纽约州检察长莱蒂西亚·詹姆斯诉讼中的关键惩罚，并不是最后的决定。作为民主党人的詹姆斯誓言将向该州最高法院上诉。</p>
</div><p>Trump still faces other punishments as a result of the lawsuit — including a ban on him and his two eldest sons holding corporate leadership positions for a few years — and could appeal in an attempt to get those reversed.</p>
<div class="lb-trans"><p>由于这起诉讼，特朗普仍面临其他惩罚——包括禁止他和他的两个大儿子在几年内担任公司领导职务——并可能上诉以试图推翻这些惩罚。</p>
</div><p>Here’s a look at how the court ruled and what’s next:</p>
<div class="lb-trans"><p>以下是法院裁决的情况以及接下来的步骤：</p>
</div><p>Appeals court ruled the fines were excessive</p>
<div class="lb-trans"><p>上诉法院裁定罚款过高</p>
</div><p>A five-judge panel of New York’s mid-level Appellate Division overturned Trump’s whopping monetary penalty while narrowly endorsing a lower court’s finding that he, his company and co-defendants engaged in fraud by padding his wealth on financial statements he used to secure loans and make deals.</p>
<div class="lb-trans"><p>纽约中级上诉法庭的五名法官小组推翻了特朗普的巨额罚款，同时狭义上支持了下级法院的裁定，认为他、他的公司及共同被告通过夸大他在财务报表上的财富而实施了欺诈，这些财务报表用于获取贷款和达成交易。</p>
</div><p>“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award,” two of the judges wrote.</p>
<div class="lb-trans"><p>“虽然确实发生了损害，但这并不是可以证明近五亿美元赔偿的灾难性损害，” 两名法官写道。</p>
</div><p>The penalty — which started at a base of $355 million and has since soared to more than $515 million with interest — violated the U.S. Constitution’s ban on excessive fines, the judges ruled. They also dismissed several million dollars more in monetary penalties for Trump’s co-defendants, including sons and Trump Organization executives Eric and Donald Trump Jr.</p>
<div class="lb-trans"><p>法官裁定，这项罚款——起初为 3.55 亿美元，随着利息的增加已超过 5.15 亿美元——违反了美国宪法对过高罚款的禁止。他们还驳回了对特朗普的共同被告，包括儿子和特朗普集团高管埃里克·特朗普和唐纳德·特朗普 Jr.的数百万美元罚款。</p>
</div><p>‘Frauds found here leap off the page,’ judge said</p>
<div class="lb-trans"><p>‘这里发现的欺诈跃然纸上，’ 法官说。</p>
</div><p>James, a perennial thorn in Trump’s side, sued him in 2022, alleging he padded his net worth by billions of dollars on financial paperwork and habitually misled banks and others about the value of prized assets like golf courses, hotels, Trump Tower and his Mar-a-Lago estate.</p>
<div class="lb-trans"><p>詹姆斯，这位特朗普的长期对手，在 2022 年起诉他，指控他在财务文件上夸大了数十亿美元的净资产，并习惯性地误导银行和其他人关于高尔夫球场、酒店、特朗普大厦和他的海湖庄园等珍贵资产的价值。</p>
</div><p>After a trial, Judge Arthur Engoron ruled last year that James had proven Trump engaged in a yearslong conspiracy with executives at his company to deceive banks and insurers about his wealth and assets.</p>
<div class="lb-trans"><p>经过审判，阿瑟·恩戈伦法官去年裁定詹姆斯已证明特朗普与其公司高管进行了长达数年的阴谋，欺骗银行和保险公司关于他的财富和资产。</p>
</div><p>“The frauds found here leap off the page and shock the conscience,” Engoron wrote in February 2024.</p>
<div class="lb-trans"><p>“这里发现的欺诈跃然纸上，令人震惊，” 恩戈伦在 2024 年 2 月写道。</p>
</div><p>James plans to appeal court ruling</p>
<div class="lb-trans"><p>詹姆斯计划上诉法院裁决</p>
</div><p>James said Thursday that she will seek to challenge the Appellate Division’s ruling in the state’s highest court, the Court of Appeals.</p>
<div class="lb-trans"><p>詹姆斯周四表示，她将寻求在该州最高法院——上诉法院挑战上诉法庭的裁决。</p>
</div><p>Otherwise sharply divided, the Appellate Division judges agreed that Trump’s monetary penalty was excessive. That could make it tough for James' office to convince the Court of Appeals to step in and revive the fine.</p>
<div class="lb-trans"><p>尽管意见分歧，上诉法庭的法官一致认为特朗普的罚款过高。这可能使詹姆斯的办公室很难说服上诉法院介入并恢复罚款。</p>
</div><p>But, as is common in a multi-layer appeals court system, the Appellate Division and the Court of Appeals aren't always in sync.</p>
<div class="lb-trans"><p>但在多层次的上诉法院系统中，上诉法庭和上诉法院并不总是保持一致。</p>
</div><p>Trump could also choose to appeal the court's decision to further fight the finding that he committed fraud. A message seeking comment was left for his lawyers.</p>
<div class="lb-trans"><p>特朗普也可以选择对法院的裁决提出上诉，以进一步抗争他实施欺诈的裁定。给他的律师留下了寻求评论的消息。</p>
</div><p>Trump can now get his bond money back</p>
<div class="lb-trans"><p>特朗普现在可以拿回他的保证金</p>
</div><p>Trump never paid the lower court’s hefty fine, so there won’t be any half-billion dollar checks exchanging hands.</p>
<div class="lb-trans"><p>特朗普从未支付下级法院的巨额罚款，因此不会有任何五亿美元的支票交换。</p>
</div><p>Instead, the president is now eligible to get back the $175 million bond he posted to hold off collection while he pursued his appeal. Such bonds are common in the appellate process, acting as placeholder to guarantee payment.</p>
<div class="lb-trans"><p>相反，特朗普现在有资格拿回他为阻止收款而提交的 1.75 亿美元保证金。在上诉过程中，这种保证金很常见，作为支付的担保。</p>
</div><p>Trump obtained the bond after James raised the possibility of the state seizing his assets if he couldn't pay the penalty or didn't do so in a timely fashion.</p>
<div class="lb-trans"><p>在詹姆斯提出可能州政府会扣押他的资产，如果他无法支付罚款或未能及时支付的情况下，特朗普获得了这笔保证金。</p>
</div><p>If the Appellate Division had ruled against Trump and upheld the penalty, he would have been on the hook for the whole sum. Now, barring a reversal in the Court of Appeals, he and his co-defendants owe $0.</p>
<div class="lb-trans"><p>如果上诉法庭裁定特朗普败诉并维持罚款，他将需要承担全部金额。现在，除非上诉法院推翻裁决，他和他的共同被告欠款为 0。</p>
</div><p>Other punishments of the Trumps still hold</p>
<div class="lb-trans"><p>特朗普的其他惩罚仍然有效</p>
</div><p>The Appellate Division nixed Trump’s monetary punishment but upheld other penalties. They include:</p>
<div class="lb-trans"><p>上诉法庭取消了特朗普的金钱惩罚，但维持了其他惩罚。这些包括：</p>
</div><p>— A two-year ban on Trump’s sons, Eric and Donald Trump Jr., from serving as a director or officer of a New York company, effectively booting them from their roles managing the Trump Organization’s day-to-day operations.</p>
<div class="lb-trans"><p>—— 对特朗普的儿子埃里克和唐纳德·特朗普 Jr.的两年禁令，禁止他们担任纽约公司的董事或高管，实际上将他们踢出了管理特朗普集团日常运营的角色。</p>
</div><p>— A three-year ban on Trump holding a corporate leadership position in New York.</p>
<div class="lb-trans"><p>—— 对特朗普在纽约担任公司领导职务的三年禁令。</p>
</div><p>— A three-year ban on Trump and his companies from getting loans from banks registered in New York.</p>
<div class="lb-trans"><p>—— 对特朗普及其公司在纽约注册的银行贷款的三年禁令。</p>
</div><p>Those measures have been on hold during the appellate process and, the judges said, Trump can seek a court order to extend the pause pending further appeals.</p>
<div class="lb-trans"><p>这些措施在上诉过程中一直处于暂停状态，法官表示，特朗普可以寻求法院命令以延长暂停，等待进一步上诉。</p>
</div><p>Ruling might lead to another trial</p>
<div class="lb-trans"><p>裁决可能导致另一次审判</p>
</div><p>The Appellate Division judges were divided on whether it’s practical or even necessary to hold another trial. The prospect of a retrial, with Trump or at least his lawyers again hunkered down in a Manhattan courtroom, was one of several topics that split the judges across three separate concurring and dissenting opinions totaling 323 pages and more than 100,000 words.</p>
<div class="lb-trans"><p>上诉法庭的法官在是否有必要或实际举行另一次审判上存在分歧。重新审判的前景，特朗普或至少他的律师再次在曼哈顿法庭上进行辩论，是分歧法官在三份不同的附和和异议意见中讨论的多个主题之一，总计 323 页和超过 10 万字。</p>
</div><p>Judges John Higgitt and Llinét Rosado argued a new trial was necessary because Engoron had failed to comply with a prior Appellate Division ruling ordering him to weed out allegations barred by the statute of limitations.</p>
<div class="lb-trans"><p>法官约翰·希吉特和利内特·罗萨多认为，新的审判是必要的，因为恩戈伦未能遵守之前上诉法庭的裁决，要求他剔除被时效限制禁止的指控。</p>
</div><p>But Judges Dianne Renwick and Peter Moulton wrote that it was “difficult to imagine” another trial happening while Trump is president, calling the idea of “recreating a vast record of testimony and documents” both “Sisyphean and unneeded.” Doing so, the Democratic appointees wrote, “would likely consign this meritorious case to oblivion.”</p>
<div class="lb-trans"><p>但法官黛安·伦威克和彼得·莫尔顿写道，“很难想象” 在特朗普担任总统期间会发生另一次审判，称 “重建大量证词和文件的记录” 的想法既 “艰巨又不必要”。民主党任命的法官写道，这样做 “可能会将这个有价值的案件送入遗忘之中。”</p>
</div><p>Another judge, David Friedman, was alone in arguing that the case should be dismissed entirely and never have been brought in the first place.</p>
<div class="lb-trans"><p>另一位法官大卫·弗里德曼则独自主张该案应完全驳回，根本不应提起。</p>
</div><p>He questioned James’ motivation for suing Trump and whether, under state law, she even had the authority to bring him to court over private business transactions when none of the parties involved complained about being duped.</p>
<div class="lb-trans"><p>他质疑詹姆斯起诉特朗普的动机，以及根据州法律，她是否有权就私人商业交易将他告上法庭，而没有任何相关方抱怨被欺骗。</p>
</div><p>“Plainly, her ultimate goal was not ‘market hygiene’ ... but political hygiene, ending with the derailment of President Trump’s political career and the destruction of his real estate business,” Friedman wrote.</p>
<div class="lb-trans"><p>“显然，她的最终目标不是 ‘市场卫生’……而是政治卫生，最终导致特朗普总统的政治生涯被 derail 和他的房地产生意被摧毁，” 弗里德曼写道。</p>
</div><p>“The voters have obviously rendered a verdict on his political career,&#34; he continued. &#34;This bench today unanimously derails the effort to destroy his business.”</p>
<div class="lb-trans"><p>“选民显然对他的政治生涯做出了裁决，” 他继续说道。“今天的法庭一致阻止了摧毁他商业的努力。”</p>
</div><h2>Where Should You Invest $1,000 Right Now?</h2>
<div class="lb-trans"><h2>你现在应该投资 $1,000 到哪里？</h2>
</div><p>Before you make your next trade, you'll want to hear this.</p>
<div class="lb-trans"><p>在你进行下一笔交易之前，你会想听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.</p>
<div class="lb-trans"><p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。</p>
</div><p>Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.</p>
<div class="lb-trans"><p>我们的团队已经确定了五只股票，顶级分析师正在悄悄地向他们的客户推荐，现在就买入，以便在更广泛的市场注意到之前……而且这些大牌股票都不在名单上。</p>
</div><p>They believe these five stocks are the five best companies for investors to buy now...</p>
<div class="lb-trans"><p>他们认为这五只股票是投资者现在应该购买的五家最佳公司……</p>
</div><p>See The Five Stocks Here</p>
<div class="lb-trans"><p>在这里查看这五只股票</p>
</div>

法院将唐纳德·特朗普的 5.15 亿美元罚款减至 0 后，接下来会有什么发展