Lawyers for former US President Donald TrumpDonald Trump - American businessman and politicianDonald Trump was born on June 14, 1946 in New York and senior executives of his company "Trump Organization" (Trump Organization) filed an appeal today challenging a court decision in a civil suit for fraud against him, filed by the New York state attorney general, world news agencies reported.

The former president's legal team notified a New York state appeals court of plans to challenge the February 16 ruling by Manhattan state court Judge Arthur Engoren.

Engoren found Trump and his executives guilty of a number of fraud charges and fined them more than $454 million, mostly affecting Trump, who was also banned from doing business in New York for three years.

Trump is not required to pay his fine or post a bond to appeal, but an appeal does not automatically stay the court's decision, according to the Associated Press.

However, he has until March 25 to secure a reprieve, a legal mechanism that delays enforcement of the fine while an appeal is pending.

For this, Trump must post a bond covering the fine.

However, his lawyers can ask the appeals court to grant a stay without bail or for a lower bond.

Donald Trump has been sentenced to pay a $355 million fine

The lawsuit against Trump was filed in September 2022 by New York State Attorney General Letitia James.

According to the indictment, the company "Trump Organization" provided false data about the value of its assets in order to secure more favorable terms for loans and insurance.

The huge fine imposed by the court threatens to deprive the Republican billionaire of financial assets in the midst of his election campaign, AP notes.

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