Former President Donald Trump speaks to his supporters during the Save America Rally at the Sarasota Fairgrounds in Sarasota, Florida, U.S. July 3, 2021.
Former President Donald Trump speaks to his supporters during the Save America Rally at the Sarasota Fairgrounds in Sarasota, Florida, U.S. July 3, 2021. Reuters / OCTAVIO JONES

A New York judge on Monday held former President Donald Trump in contempt of court for not producing documents subpoenaed in the state attorney general's civil probe of his business practices, and ordered Trump to be fined $10,000 per day until he complies.

Trump lost a bid to quash a subpoena from state Attorney General Letitia James, then failed to produce all the documents by a court-ordered March 3 deadline, later extended to March 31 at his lawyers' request.

Justice Arthur Engoron ruled that a contempt finding was appropriate because of what the judge called "repeated failures" to hand over materials and that it was not clear Trump had conducted a complete search for responsive documents.

"Mr. Trump ... I know you take your business seriously, and I take mine seriously. I hereby hold you in civil contempt," the judge said, although Trump himself was not in the courtroom.

Trump intends to appeal the contempt ruling, said his attorney Alina Habba. "We respectfully disagree with the court's decision," Habba said in a statement.

Should Trump fail to pay the fine, he could be jailed under a New York state provision https://www.nysenate.gov/legislation/laws/JUD/753 allowing judges to imprison people who violate contempt orders, according to Sarah Krissoff, a partner at law firm Day Pitney, though she said that such a scenario was unlikely and the judge could opt for other remedies such as increasing the amount of the fine.

James is investigating whether the Trump Organization, the former president's New York City-based family company, misstated the values of its real estate properties to obtain favorable loans and tax deductions.

Trump, a Republican, denies wrongdoing and has called the investigation politically motivated. James is a Democrat.

Habba said at the hearing that James' investigation was a "fishing expedition" and that the Trump Organization was "right on schedule" with its production of documents.

"This is a political crusade," Habba said. "The attorney general's investigation has seemingly become aimless."

In arguing for the $10,000 daily fine during the hearing, Andrew Amer, special litigation counsel with the attorney general's office, said the fine was meant to coerce Trump into complying with the subpoena, not punish him.

James has said her probe had found "significant evidence" suggesting that for more than a decade the company's financial statements "relied on misleading asset valuations and other misrepresentations to secure economic benefits."

The attorney general has questioned how the Trump Organization valued the Trump brand, as well as properties including golf clubs in New York and Scotland and Trump's own penthouse apartment in Midtown Manhattan's Trump Tower.