Appeals court judges in New York expressed skepticism regarding the civil fraud case against Donald Trump, questioning the application of the anti-fraud law by Attorney General Letitia James. The case, which resulted in a nearly $500 million judgment, alleges Trump inflated his net worth to gain favorable financial terms from lenders and insurers. Judges questioned whether there were any direct victims and if the law was appropriately applied to transactions between sophisticated parties. Trump's legal team argued that the penalties were excessive and the statute of limitations had been violated. The court's decision could potentially reduce or overturn the judgment before Election Day.