<p>紐約（美聯社）——在紐約上訴法院撤銷了一項可能使唐納德·特朗普損失超過五億美元的民事欺詐罰款後，特朗普迅速宣佈 “完全勝利”。</p>
<p>但週四的裁決推翻了紐約州檢察長萊蒂西亞·詹姆斯訴訟中的關鍵懲罰，並不是最後的決定。作為民主黨人的詹姆斯誓言將向該州最高法院上訴。</p>
<p>由於這起訴訟，特朗普仍面臨其他懲罰——包括禁止他和他的兩個大兒子在幾年內擔任公司領導職務——並可能上訴以試圖推翻這些懲罰。</p>
<p>以下是法院裁決的情況以及接下來的步驟：</p>
<p>上訴法院裁定罰款過高</p>
<p>紐約中級上訴法庭的五名法官小組推翻了特朗普的鉅額罰款，同時狹義上支持了下級法院的裁定，認為他、他的公司及共同被告通過誇大他在財務報表上的財富而實施了欺詐，這些財務報表用於獲取貸款和達成交易。</p>
<p>“雖然確實發生了損害，但這並不是可以證明近五億美元賠償的災難性損害，” 兩名法官寫道。</p>
<p>法官裁定，這項罰款——起初為 3.55 億美元，隨着利息的增加已超過 5.15 億美元——違反了美國憲法對過高罰款的禁止。他們還駁回了對特朗普的共同被告，包括兒子和特朗普集團高管埃裏克·特朗普和唐納德·特朗普 Jr.的數百萬美元罰款。</p>
<p>‘這裏發現的欺詐躍然紙上，’ 法官説。</p>
<p>詹姆斯，這位特朗普的長期對手，在 2022 年起訴他，指控他在財務文件上誇大了數十億美元的淨資產，並習慣性地誤導銀行和其他人關於高爾夫球場、酒店、特朗普大廈和他的海湖莊園等珍貴資產的價值。</p>
<p>經過審判，阿瑟·恩戈倫法官去年裁定詹姆斯已證明特朗普與其公司高管進行了長達數年的陰謀，欺騙銀行和保險公司關於他的財富和資產。</p>
<p>“這裏發現的欺詐躍然紙上，令人震驚，” 恩戈倫在 2024 年 2 月寫道。</p>
<p>詹姆斯計劃上訴法院裁決</p>
<p>詹姆斯週四表示，她將尋求在該州最高法院——上訴法院挑戰上訴法庭的裁決。</p>
<p>儘管意見分歧，上訴法庭的法官一致認為特朗普的罰款過高。這可能使詹姆斯的辦公室很難説服上訴法院介入並恢復罰款。</p>
<p>但在多層次的上訴法院系統中，上訴法庭和上訴法院並不總是保持一致。</p>
<p>特朗普也可以選擇對法院的裁決提出上訴，以進一步抗爭他實施欺詐的裁定。給他的律師留下了尋求評論的消息。</p>
<p>特朗普現在可以拿回他的保證金</p>
<p>特朗普從未支付下級法院的鉅額罰款，因此不會有任何五億美元的支票交換。</p>
<p>相反，特朗普現在有資格拿回他為阻止收款而提交的 1.75 億美元保證金。在上訴過程中，這種保證金很常見，作為支付的擔保。</p>
<p>在詹姆斯提出可能州政府會扣押他的資產，如果他無法支付罰款或未能及時支付的情況下，特朗普獲得了這筆保證金。</p>
<p>如果上訴法庭裁定特朗普敗訴並維持罰款，他將需要承擔全部金額。現在，除非上訴法院推翻裁決，他和他的共同被告欠款為 0。</p>
<p>特朗普的其他懲罰仍然有效</p>
<p>上訴法庭取消了特朗普的金錢懲罰，但維持了其他懲罰。這些包括：</p>
<p>—— 對特朗普的兒子埃裏克和唐納德·特朗普 Jr.的兩年禁令，禁止他們擔任紐約公司的董事或高管，實際上將他們踢出了管理特朗普集團日常運營的角色。</p>
<p>—— 對特朗普在紐約擔任公司領導職務的三年禁令。</p>
<p>—— 對特朗普及其公司在紐約註冊的銀行貸款的三年禁令。</p>
<p>這些措施在上訴過程中一直處於暫停狀態，法官表示，特朗普可以尋求法院命令以延長暫停，等待進一步上訴。</p>
<p>裁決可能導致另一次審判</p>
<p>上訴法庭的法官在是否有必要或實際舉行另一次審判上存在分歧。重新審判的前景，特朗普或至少他的律師再次在曼哈頓法庭上進行辯論，是分歧法官在三份不同的附和和異議意見中討論的多個主題之一，總計 323 頁和超過 10 萬字。</p>
<p>法官約翰·希吉特和利內特·羅薩多認為，新的審判是必要的，因為恩戈倫未能遵守之前上訴法庭的裁決，要求他剔除被時效限制禁止的指控。</p>
<p>但法官黛安·倫威克和彼得·莫爾頓寫道，“很難想象” 在特朗普擔任總統期間會發生另一次審判，稱 “重建大量證詞和文件的記錄” 的想法既 “艱鉅又不必要”。民主黨任命的法官寫道，這樣做 “可能會將這個有價值的案件送入遺忘之中。”</p>
<p>另一位法官大衞·弗裏德曼則獨自主張該案應完全駁回，根本不應提起。</p>
<p>他質疑詹姆斯起訴特朗普的動機，以及根據州法律，她是否有權就私人商業交易將他告上法庭，而沒有任何相關方抱怨被欺騙。</p>
<p>“顯然，她的最終目標不是 ‘市場衞生’……而是政治衞生，最終導致特朗普總統的政治生涯被 derail 和他的房地產生意被摧毀，” 弗裏德曼寫道。</p>
<p>“選民顯然對他的政治生涯做出了裁決，” 他繼續説道。“今天的法庭一致阻止了摧毀他商業的努力。”</p>
<h2>你現在應該投資 $1,000 到哪裏？</h2>
<p>在你進行下一筆交易之前，你會想聽聽這個。</p>
<p>MarketBeat 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。</p>
<p>我們的團隊已經確定了五隻股票，頂級分析師正在悄悄地向他們的客户推薦，現在就買入，以便在更廣泛的市場注意到之前……而且這些大牌股票都不在名單上。</p>
<p>他們認為這五隻股票是投資者現在應該購買的五家最佳公司……</p>
<p>在這裏查看這五隻股票</p>

特朗普媒體科技集團

<p>紐約上訴法院推翻了對總統唐納德·特朗普的 5.15 億美元民事欺詐罰款，認為該罰款過高。特朗普將這一裁決慶祝為 “完全勝利”，但紐約州檢察長萊蒂蒂亞·詹姆斯計劃向該州最高法院上訴。儘管罰款被撤銷，但其他制裁仍然有效，包括特朗普及其兒子在紐約的企業領導職位為期三年的禁令。特朗普有資格收回在上訴過程中繳納的 1.75 億美元保證金</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>紐約（美聯社）——在紐約上訴法院撤銷了一項可能使唐納德·特朗普損失超過五億美元的民事欺詐罰款後，特朗普迅速宣佈 “完全勝利”。</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>但週四的裁決推翻了紐約州檢察長萊蒂西亞·詹姆斯訴訟中的關鍵懲罰，並不是最後的決定。作為民主黨人的詹姆斯誓言將向該州最高法院上訴。</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>由於這起訴訟，特朗普仍面臨其他懲罰——包括禁止他和他的兩個大兒子在幾年內擔任公司領導職務——並可能上訴以試圖推翻這些懲罰。</p>
</div><p>Here’s a look at how the court ruled and what’s next:</p>
<div class="lb-trans"><p>以下是法院裁決的情況以及接下來的步驟：</p>
</div><p>Appeals court ruled the fines were excessive</p>
<div class="lb-trans"><p>上訴法院裁定罰款過高</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>紐約中級上訴法庭的五名法官小組推翻了特朗普的鉅額罰款，同時狹義上支持了下級法院的裁定，認為他、他的公司及共同被告通過誇大他在財務報表上的財富而實施了欺詐，這些財務報表用於獲取貸款和達成交易。</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>“雖然確實發生了損害，但這並不是可以證明近五億美元賠償的災難性損害，” 兩名法官寫道。</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，這項罰款——起初為 3.55 億美元，隨着利息的增加已超過 5.15 億美元——違反了美國憲法對過高罰款的禁止。他們還駁回了對特朗普的共同被告，包括兒子和特朗普集團高管埃裏克·特朗普和唐納德·特朗普 Jr.的數百萬美元罰款。</p>
</div><p>‘Frauds found here leap off the page,’ judge said</p>
<div class="lb-trans"><p>‘這裏發現的欺詐躍然紙上，’ 法官説。</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，這位特朗普的長期對手，在 2022 年起訴他，指控他在財務文件上誇大了數十億美元的淨資產，並習慣性地誤導銀行和其他人關於高爾夫球場、酒店、特朗普大廈和他的海湖莊園等珍貴資產的價值。</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>經過審判，阿瑟·恩戈倫法官去年裁定詹姆斯已證明特朗普與其公司高管進行了長達數年的陰謀，欺騙銀行和保險公司關於他的財富和資產。</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>“這裏發現的欺詐躍然紙上，令人震驚，” 恩戈倫在 2024 年 2 月寫道。</p>
</div><p>James plans to appeal court ruling</p>
<div class="lb-trans"><p>詹姆斯計劃上訴法院裁決</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>詹姆斯週四表示，她將尋求在該州最高法院——上訴法院挑戰上訴法庭的裁決。</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>儘管意見分歧，上訴法庭的法官一致認為特朗普的罰款過高。這可能使詹姆斯的辦公室很難説服上訴法院介入並恢復罰款。</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>但在多層次的上訴法院系統中，上訴法庭和上訴法院並不總是保持一致。</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>特朗普也可以選擇對法院的裁決提出上訴，以進一步抗爭他實施欺詐的裁定。給他的律師留下了尋求評論的消息。</p>
</div><p>Trump can now get his bond money back</p>
<div class="lb-trans"><p>特朗普現在可以拿回他的保證金</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>特朗普從未支付下級法院的鉅額罰款，因此不會有任何五億美元的支票交換。</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，特朗普現在有資格拿回他為阻止收款而提交的 1.75 億美元保證金。在上訴過程中，這種保證金很常見，作為支付的擔保。</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會扣押他的資產，如果他無法支付罰款或未能及時支付的情況下，特朗普獲得了這筆保證金。</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>如果上訴法庭裁定特朗普敗訴並維持罰款，他將需要承擔全部金額。現在，除非上訴法院推翻裁決，他和他的共同被告欠款為 0。</p>
</div><p>Other punishments of the Trumps still hold</p>
<div class="lb-trans"><p>特朗普的其他懲罰仍然有效</p>
</div><p>The Appellate Division nixed Trump’s monetary punishment but upheld other penalties. They include:</p>
<div class="lb-trans"><p>上訴法庭取消了特朗普的金錢懲罰，但維持了其他懲罰。這些包括：</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>—— 對特朗普的兒子埃裏克和唐納德·特朗普 Jr.的兩年禁令，禁止他們擔任紐約公司的董事或高管，實際上將他們踢出了管理特朗普集團日常運營的角色。</p>
</div><p>— A three-year ban on Trump holding a corporate leadership position in New York.</p>
<div class="lb-trans"><p>—— 對特朗普在紐約擔任公司領導職務的三年禁令。</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>—— 對特朗普及其公司在紐約註冊的銀行貸款的三年禁令。</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>這些措施在上訴過程中一直處於暫停狀態，法官表示，特朗普可以尋求法院命令以延長暫停，等待進一步上訴。</p>
</div><p>Ruling might lead to another trial</p>
<div class="lb-trans"><p>裁決可能導致另一次審判</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>上訴法庭的法官在是否有必要或實際舉行另一次審判上存在分歧。重新審判的前景，特朗普或至少他的律師再次在曼哈頓法庭上進行辯論，是分歧法官在三份不同的附和和異議意見中討論的多個主題之一，總計 323 頁和超過 10 萬字。</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>法官約翰·希吉特和利內特·羅薩多認為，新的審判是必要的，因為恩戈倫未能遵守之前上訴法庭的裁決，要求他剔除被時效限制禁止的指控。</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·倫威克和彼得·莫爾頓寫道，“很難想象” 在特朗普擔任總統期間會發生另一次審判，稱 “重建大量證詞和文件的記錄” 的想法既 “艱鉅又不必要”。民主黨任命的法官寫道，這樣做 “可能會將這個有價值的案件送入遺忘之中。”</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>另一位法官大衞·弗裏德曼則獨自主張該案應完全駁回，根本不應提起。</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>他質疑詹姆斯起訴特朗普的動機，以及根據州法律，她是否有權就私人商業交易將他告上法庭，而沒有任何相關方抱怨被欺騙。</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>“顯然，她的最終目標不是 ‘市場衞生’……而是政治衞生，最終導致特朗普總統的政治生涯被 derail 和他的房地產生意被摧毀，” 弗裏德曼寫道。</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>“選民顯然對他的政治生涯做出了裁決，” 他繼續説道。“今天的法庭一致阻止了摧毀他商業的努力。”</p>
</div><h2>Where Should You Invest $1,000 Right Now?</h2>
<div class="lb-trans"><h2>你現在應該投資 $1,000 到哪裏？</h2>
</div><p>Before you make your next trade, you'll want to hear this.</p>
<div class="lb-trans"><p>在你進行下一筆交易之前，你會想聽聽這個。</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 每天跟蹤華爾街頂級評級和表現最佳的研究分析師及其推薦給客户的股票。</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>我們的團隊已經確定了五隻股票，頂級分析師正在悄悄地向他們的客户推薦，現在就買入，以便在更廣泛的市場注意到之前……而且這些大牌股票都不在名單上。</p>
</div><p>They believe these five stocks are the five best companies for investors to buy now...</p>
<div class="lb-trans"><p>他們認為這五隻股票是投資者現在應該購買的五家最佳公司……</p>
</div><p>See The Five Stocks Here</p>
<div class="lb-trans"><p>在這裏查看這五隻股票</p>
</div>

法院將唐納德·特朗普的 5.15 億美元罰款減至 0 後，接下來會有什麼發展