A New York appellate court threw out the $527 million penalty in the civil fraud case against President Trump and others on Thursday, ruling that the fine was "excessive."

A New York court dismisses the $500 million civil fraud penalty against Donald Trump, ruling the fine was "excessive," while Trump calls it a "total victory."

A New York appeals court tossed out a $464 million civil penalty against Donald Trump, finding the damages amount excessive, while upholding the ruling that he, his family members and companies were liable for business fraud.