On Tuesday, Judge Arthur Engoron, in a decision in a civil lawsuit brought by New York Attorney General Letitia James, ruled that former President Donald Trump had committed fraud by deceiving banks for years while building his real estate empire; Engoron ordered some of Trump’s business licenses be rescinded.
According to The New York Post, “If not successfully appealed, the decision will revoke the Trump Organization’s ‘business certificates,’ preventing the 77-year-old from conducting business in the Empire State until the revocation is rescinded.”
The former President released a statement on TRUTH Social, reacting to the ruling.
STATEMENT BY THE 45th PRESIDENT OF THE UNITED STATES OF AMERICA DONALD J. TRUMP.
The widespread, radical attack against me, my family, and my supporters has now devolved to new, un-American depths, at the hands of a DERANGED New York State Judge, doing the bidding of a completely biased and corrupt “Prosecutor,” Letitia James, who ran for office based on a “GET TRUMP” platform, before even knowing anything about me. Today’s action is a refutation of my status as the leading Candidate for President of the United States, including with a substantial lead over Joe Biden. It is a terrible reminder that the Radical Left Democrats will stop at nothing in trying to prevent me, and the American people, from winning the 2024 Presidential Election. Regardless of Party, we cannot let this happen in the United States of America! As my lead in the polls over Joe Biden continues to skyrocket, these Corrupt and Highly Political Prosecutors and Judges are getting more and more desperate and dangerous. We are rapidly becoming a Communist Country, and my Civil Rights have been taken away from me. The New York State Attorney General went before a Highly Politicized Democrat Judge, who refused allowing the case to go to the Commercial Division, where it belonged, to simply rule, despite all of the evidence to the contrary, that I committed fraud, which is both ridiculous and untrue. As an example, this Democrat Operative valued Mar-a Lago, the most spectacular and valuable property in Palm Beach, Florida, to be worth as low as $18 Million, when in actuality, it could be worth almost 100 times that amount. He hated everything about me at a level that I have never seen before, even beyond the hatred of that displayed by Letitia James. There was no trial and no jury for the supposed “wrongdoing” OF FULLY PAYING BACK SOPHISTICATED WALL STREET BANKS IN FULL, WITH INTEREST, WITH NO DEFAULTS, AND WITH NO VICTIMS. These Banks were represented by the largest, most sophisticated Law Firms in the Country. This is Democrat Political Lawfare, and a Witch Hunt at a level never seen before. It is an attempt to badly injure the opposing Party’s Leading, by far, Political Candidate. Nothing like this has ever happened in our Country before. My Civil Rights have been violated, and some Appellate Court, whether Federal or State, must reverse this horrible, un-American decision. If they can do this to me, they can do this to YOU!
From The New York Post:
The 2024 GOP presidential front-runner will likely appeal the ruling, which could cost him upward of $250 million in penalties that New York state Attorney General Letitia James is requesting — a heavy lift for the less-than-liquid Republican.
Trump could potentially have to sell off his assets in order to pay the lofty legal fees, which could hurt his ego more than his pockets, a source familiar with the former president said.
Trump fraud ruling that cancels his business licenses a ‘devastating’ blow for ex-president, experts say https://t.co/h6GuXyoIf5 pic.twitter.com/rPNi88PLUL
— New York Post (@nypost) September 27, 2023
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