This section contains the nature of the case and procedural background.

P and Bonello (D) entered into two separate transactions. One involved P’s loan to furnish a model apartment in a high-rise condo and the other P’s purchase of an interest in an office building. A jury awarded P $2 as nominal damages against D for fraud in each of two transactions and $50,000 in punitive damages for both frauds without an allocation of the punitive award to either matter.

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