President Trump responds to the New York judge’s decision to revoke his business licenses in the civil case brought by Letitia James.
Letitia James, the NY Attorney General, will file a lawsuit against President Trump after a New York judge denied a petition to dismiss.
Judge declares Trump and the Trump Organization guilty of fraud. Trial without a jury will begin on October 2!
“Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee Trump Organization operations.” – AP reported.
“If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.” – AP reported.
Trump responds to the judge’s decision, causing controversy
“My Civil rights have been violated, and some Appellate Court, whether federal or state, must reverse this horrible, un-American decision,” On Truth Social, Trump remarked.
Trump is accused of exaggerating his net worth to obtain loans and control the economy by the New York Attorney General.
Letitia James inflated Trump’s net worth in court documents from 2011 to 2021.
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Recent research revealed that Trump’s assets were undervalued.
Letitia James filed a daring lawsuit in September against the former president Trump and his family.
AG James investigates any possible Trump Organization property value inflation while investigating the claims.
According to Letitia James, her office wants to:
- Make Trump pay $250 million.
- Ban the Trumps from running NY businesses for good.
- Ban Trump and Trump Org from buying commercial real estate in NY for 5 yrs.
- We’re making a criminal referral to the US Department of Justice
“With the help of Donald Jr., Eric, Ivanka, and other defendants, Trump variously unlawfully inflated and deflated his net worth by billions to obtain and satisfy loans, get insurance benefits, and pay lower taxes. In short, he lied to gain massive financial benefits for himself,” In September, Letitia James stated.
“We found that Trump, his family, and the Trump Org used fraudulent and misleading asset valuations over 200 times in 10 years on his annual financial statements. These statements were then used to obtain hundreds of millions of dollars in loans and insurance coverage,’ she added.
By pestering Trump and his family on a constant basis, Letitia James keeps her promise.
After winning in November 2018, Letitia James wasted no time in getting to work. She hurled insults and threats at President Donald Trump as she went into a ferocious attack.
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