Former President Donald Trump took to Truth Social on Friday to accuse New York Attorney General Leticia James of election interference.
“In the NYS A.G. Letitia James case, I was targeted, given no jury, no extensions, no commercial division, no constitutional rights, no anything! The Democrat judge hates Trump with a passion,” he wrote – solely in all caps that we can’t burn your eyes out with.
“The thing I have is a great case based on phenomenal numbers that show a net worth of billions of dollars more than she viciously & falsely claimed, very little debt, big cash, a powerful disclaimer clause, paid off loans, no defaults, ‘happy’ banks, great assets. I was defamed by NYS—election interference!”
James is suing Trump and two of his kids in a multimillion-dollar lawsuit which claims he falsely inflated the worth of his properties to acquire extra favorable loans. She’s in search of to bar Trump and household from doing enterprise or participating in actual property acquisitions in New York for 5 years.
James can be in search of to bar Trump and his kids from serving in any high-level govt roles in any firm in New York.
Oh, and he or she needs $250 million in penalties too.
On Wednesday, James requested a choose to render a abstract judgement on one of many seven claims introduced in opposition to Trump, arguing that an “overwhelming amount of evidence” proves that Trump dedicated fraud and submitted false statements to bankers – inflating his wealth between $812 million and $2.2 billion every year.
“While this is just the tip of a much larger iceberg of deception Plaintiff is prepared to expose at trial–which would result in carving off billions more from Mr. Trump’s net worth–it is more than sufficient to permit this Court to rule as a matter of law that each SFC from 2011 to 2021 was false or misleading,” reads the submitting.
As the Epoch Times notes, additionally on Wednesday, Trump’s legal professionals launched, in a court docket submitting, the practically 500-page transcript of a seven-hour-long interview the previous president gave when he was deposed for the case in April.
In the hours-long deposition, the previous president was questioned concerning the administration and dealings of the Trump Organization, the place he detailed the worth of a number of of his properties.
“I never got a default notice. I paid interest every quarter, every month even before it was due, if it came on a holiday,” he mentioned, testifying that the banks and legal professionals they labored with had profited and have been happy with the offers.
He instructed the prosecutors that his “brand” worth elevated through the years he was president, however he purposely avoided doing any offers, not as a result of it will have been unlawful, however as a result of he felt it was unethical, including that he took his instance from George Washington who saved two desks, separating enterprise and state issues.
President Trump’s legal professionals requested for the case to be dismissed, arguing that the statute of limitations have run out and that the prosecution had not introduced forth proof of hurt.
“The undisputed record further establishes his companies timely paid hundreds of millions of dollars in interest to their lenders and never defaulted on a loan or even been late on a loan payment during the entire 15+ year time period the NYAG has sought to scrutinize in this action,” they wrote, arguing there was no intent to defraud lenders or insurers.
President Trump, who declared his intention to run for workplace final November, has maintained that he has finished nothing mistaken within the a number of circumstances introduced in opposition to him, decrying the authorized actions as election interference.
Several court docket dates are anticipated to intrude along with his marketing campaign schedule, with one other civil case in New York introduced in opposition to him by author E. Jean Carroll over accusations of defamation starting Jan. 15, 2024, the identical day because the Iowa Republican caucus.