The decision on The People V DJT says otherwise
[QUOTE=Tiny12;2923628]The injured party did not bring a lawsuit CheckMate. The state of New York did. And the state of New York will receive the award, not the banks.
What party was injured? The banks received interest and principal payments and Trump didn't otherwise default on the loans in question. The banks made money.
Fraud normally requires actual damage to a party to convict. Not New York Executive Law 63 (12) though.
Trump's case wasn't the most egregious brought under the statute. That honor may belong to Exxon. New York sued Exxon for purported damage to shareholders because it failed to disclose the risk to its business from carbon emissions. The fine though would have gone to the state of New York! In other words, Exxon shareholders, who own the company, were supposed to pay the state of New York for the fraud perpetrated on said shareholders by Exxon! It would be like Bernie Madoff's investors dipping into their pockets to pay the government for their money that Bernie lost, except that Exxon didn't defraud anyone. That judgement was overturned on appeal. I expect New York appeals courts will substantially reduce Trump's 455 million fine.[/QUOTE]This is where I disagree with you. But one of us will be correct, after the appeals have been adjudicated. And I will say to you, now, if the decision is reversed (not the awarded amount), then I AM WRONG, and you are RIGHT.