According to a Fox News report, New York Attorney General Letitia James is seeking $370 million from Donald Trump and his co-defendants in his highly publicized civil fraud trial.
“James demanded the financial penalty as repayment for profits she argues were illicitly gained, according to a document filed to the court on Friday,” Fox reports.
The attorney general argues, “The conclusion that defendants intended to defraud when preparing and certifying Trump’s SFCs is inescapable; the myriad deceptive schemes they employed to inflate asset values and conceal facts were so outrageous that they belie innocent explanation.”
The former president and 2024 GOP frontrunner reacted to the news on TRUTH Social in an all-caps blast:
I DID NOTHING WRONG, MY FINANCIAL STATEMENTS ARE GREAT, & VERY CONSERVATIVE, THE EXACT OPPOSITE OF WHAT THE HIGHLY POLITICAL & TOTALLY CORRUPT NEW YORK STATE ATTORNEY GENERAL SAYS. SHE RAN FOR OFFICE ON, “I WILL GET TRUMP,” SHE & THE JUDGE FRAUDULENTLY VALUED MAR-a-LAGO IN PALM BEACH, FLORIDA, AT $18,000,000, BECAUSE IT SET THEIR FAKE NARRATIVE, WHEN IT IS WORTH 50 TO 100 TIMES THAT AMOUNT. THEY NEVER USED THE “N.Y.S. STATUTE” FOR THIS BEFORE, I WAS NOT ALLOWED A JURY, THERE WAS NO VICTIM, NO DEFAULT, NO DAMAGES, NO “NOTHING,” ONLY A VERY HAPPY BANK THAT GOT ALL OF ITS MONEY BACK, WITH BIG PROFITS. THE HIGHLY RESPECTED EXPERT WITNESS SAID IT WAS THE BEST FINANCIAL STATEMENT HE HAD EVER SEEN. THIS CASE SHOULD NEVER HAVE BEEN BROUGHT, SHOULD BE IN THE COMMERCIAL DIVISION (THE RIGGED JUDGE WOULD NOT LET GO OF IT!), & I SHOULD NEVER HAVE BEEN GAGGED. NOW THE CORRUPT A.G. WANTS $370,000,000 AS BUSINESSES FLEE NEW YORK. THEY SHOULD PAY ME. THIS IS PROSECUTORIAL MISCONDUCT—A DOJ WITCH HUNT!
More over at Fox News:
BREAKING NEWS: New York AG Letitia James wants Trump to pay $370M in civil fraud trialhttps://t.co/MsEmXRlwz2
— Fox News (@FoxNews) January 5, 2024
Thank you for visiting