Former President Donald Trump on Tuesday lost an effort at a New York appeals court to stay a contempt order, and as a result still owes a fine of $10,000 per day.
Trump on April 25 was found in contempt by Manhattan Supreme Court Judge Arthur Engoron for failing to comply with a subpoena from New York Attorney General Letitia James, who is seeking records for her civil investigation of his company, the Trump Organization.
James is investigating allegations that the Trump Organization improperly manipulated the stated valuations of real estate assets to obtain more favorable financial terms on loans, insurance and taxes.
Engoron imposed the $10,000 daily fine until he was satisfied that Trump had complied with the subpoena.
The judge on Friday kept that fine and contempt order in place, saying that new affidavits by Trump and his lawyers, who claimed they could not find the documents being sought, were not sufficient proof of his compliance with the subpoena.
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