Trump slams civil fraud case as ‘election meddling’ before closing arguments
Former President Donald Trump Makes Final Appearance at New York Courthouse
Former President Donald Trump made a dramatic entrance at a New York courthouse on Thursday morning, marking his last appearance in his civil fraud case before the judge delivers a ruling in the coming weeks.
“It’s election interference of the highest level. It’s a disgrace. It’s in coordination with the White House and Joe Biden because he can’t win a campaign fairly,” Trump exclaimed before entering the courtroom.
New York Attorney General Letitia James has accused Trump, along with his two adult sons and two Trump Organization executives, of committing business fraud by repeatedly inflating the former president’s wealth on financial statements over several years.
Judge Arthur Engoron has already found the defendants liable for most of James’s claims, but the trial continued to address a few remaining aspects and determine the penalties they will face.
The trial, which began in October and lasted until mid-December, is now reaching its conclusion with closing arguments expected to wrap up by the end of Thursday. Engoron will then make a ruling on the case in the following weeks.
James is seeking $370 million in damages and aims to impose a lifetime ban on Trump and the Trump Organization executives, Allen Weisselberg and Jeffrey McConney, from working in the real estate industry in New York or running any companies in the state. Additionally, she is seeking five-year bans on Trump’s two adult sons, Eric Trump and Donald Trump Jr., from participating in the real estate industry in New York.
Trump, whose business empire originated in New York decades ago, is currently appealing Engoron’s pretrial ruling on his liability.
“It’s a very unfair trial. Nobody’s seen anything like this. I don’t think they’ve ever seen anything like this,” Trump expressed his dissatisfaction.
Trump also addressed the allegations regarding his company’s financial statements, which James claims were filed with gross inaccuracies to secure more favorable loan terms.
“Very, very strong financial statements. They thought it was the opposite. They had no idea because I’m a private company, then they saw me knock their socks off. They couldn’t believe it, but great financial statements,” Trump confidently stated.
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What are the potential consequences if the judge rules in favor of the New York Attorney General’s office and finds Donald Trump and his children liable for the misuse of foundation funds
Adult children, Donald Trump Jr. and Ivanka Trump, of using their family’s charitable foundation, the Trump Foundation, for personal and political gain. The lawsuit alleges that the foundation engaged in a pattern of illegal conduct over a period of more than a decade. This includes allegations of using foundation funds to settle legal disputes, promote Trump’s business interests, and even fund his presidential campaign.
The case began in June 2018 when the New York Attorney General’s office filed a lawsuit against the Trump Foundation. In November of the same year, a judge allowed the case to move forward despite the Trump family’s objections. Over the past two years, both sides have been engaged in a discovery process, exchanging documents and evidence to build their arguments.
The former president has vigorously denied the allegations, calling them politically motivated and accusing the New York Attorney General of targeting him and his family for political reasons. He has taken to Twitter, as he often does, to express his frustration and denounce the lawsuit as a witch hunt.
Thursday’s appearance in court marked an important milestone in the case. It was the last opportunity for the former president to present his arguments before the judge makes a ruling. While the judge did not indicate when a decision would be reached, legal experts expect it to be in the coming weeks.
The outcome of this case could have significant implications for Donald Trump and his family. If found liable, they could face substantial fines and penalties. The judge may also order the Trump Foundation to dissolve and distribute its remaining assets to legitimate charitable organizations. Additionally, a ruling against Trump and his children could further tarnish their public image and impact their future business and political endeavors.
As the courtroom drama unfolds, the nation continues to be divided over the former president’s legacy and the allegations against him. Supporters argue that the case is politically motivated and a continuation of the so-called “witch hunt” against Trump that began with the investigation into Russian interference in the 2016 election. They believe that Trump is being unfairly targeted due to his outsider status and his confrontational approach to politics.
On the other hand, critics argue that the allegations against Trump and his family are serious and deserve a thorough investigation. They point to evidence presented by the New York Attorney General’s office, including emails and documents that suggest a pattern of misconduct. They argue that no one, regardless of their position or status, should be above the law.
Regardless of the outcome of this particular case, it is clear that the legal troubles surrounding Donald Trump are far from over. Several other investigations, including a criminal investigation in New York City, continue to loom over the former president. These cases will likely keep him in the headlines and in courtrooms well into the future.
In the meantime, the nation waits for the judge’s ruling in the civil fraud case against Donald Trump and his children. The outcome of this case will not only determine their legal fate but also add another chapter to the complex and controversial legacy of the 45th president of the United States.
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