A New York judge upheld his ruling that found former President Donald Trump in contempt of court for refusing to comply with a subpoena from New York Attorney General Letitia James despite sworn affidavits from Trump and his lawyers saying they did not have the documents requested.
The new affidavits were insufficient to reverse the ruling of the New York State Judge who found Trump in contempt and imposed a $10,000 per day fine.
In his affidavit, Trump said that he did not have any of the documents requested in his personal possession.
In the filing, he wrote that he was not satisfied with the level of detail in Trump's affidavit, and that there was no evidence that he did a thorough search for the records.
Trump's lawyer argued last week that Trump didn't have the documents and that the fine was excessive.
James argued that Trump did not comply with her subpoena to hand over tax records and other documents despite a March 31 deadline.
The Trump Organization and Trump's office did not respond to a request for comment from Forbes.
$40,000. Until he complies with the subpoena, that's how much he owes. The Insider reported Thursday that Trump has yet to pay any of the penalties.
James requested the documents as part of her long-running civil probe into the Trump Organization's business practices, which has centered on whether Trump overvalued his assets to secure loans, while undervaluing them to save on his tax bill. James wrote in a court filing last month that the Trump Organization misstated asset valuations for over a decade, and that she has found evidence that Trump manipulated some valuations to get tax breaks or more favorable lending terms. Trump has denied any wrongdoing and has 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110
The judge held Trump in contempt for failing to hand over the records.
Trump told the court that he didn't have documents subpoenaed by the New York Attorney General.
The New York Attorney General says the Trump Organization overstated asset valuations.