So..the Donald lied about his wealth, property values and assets to get loans...isn't that illegal...uh...oh yeah~
BTW...note that Trump doesn't dispute the facts...he just alleges that the court is not allowed to look at them...LOL!
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www.reuters.com
New York's attorney general on Wednesday asked a state judge to declare, even before the start of a trial, that Donald Trump committed fraud by submitting false statements to bankers and insurers and overstating his net worth by up to $2.23 billion.
In filings with a state court in Manhattan, Attorney General Letitia James said evidence in her civil case showed "repeated and persistent fraudulent use" by Trump and his family business of false and misleading financial statements from 2011 to 2021.
James said inflating values of more than a dozen assets by hundreds of millions of dollars established the defendants' liability for fraud under the state's Executive Law.
"The cumulative effect of these numerous deceptive schemes to inflate Mr. Trump's assets, and hence his net worth, is staggering," and is "just the tip of a much larger iceberg of deception (the state) is prepared to expose at trial," James said.
Less than an hour after James' filing, lawyers for Trump and the other defendants filed their own papers seeking to end what they called James' "crusade against President Trump" and dismiss the entire case.
Citing a recent appellate court decision, they said that many of the transactions James challenged took place too long ago to be reviewed in court, and said the attorney general offered no proof that anyone was harmed by the remainder.
"What she seeks to do here [is] become the post hoc arbiter of the marketplace by interjecting her own judgment into strictly private, profitable transactions," the defendants' lawyers said. "The record evidence now undermines fully her purported claims."
BTW...note that Trump doesn't dispute the facts...he just alleges that the court is not allowed to look at them...LOL!
New York says Trump should be found liable for fraud, even before a trial
New York's attorney general asked a state judge to declare that Donald Trump committed fraud by submitting false statements to bankers and insurers and overstating his net worth.
www.reuters.com
New York's attorney general on Wednesday asked a state judge to declare, even before the start of a trial, that Donald Trump committed fraud by submitting false statements to bankers and insurers and overstating his net worth by up to $2.23 billion.
In filings with a state court in Manhattan, Attorney General Letitia James said evidence in her civil case showed "repeated and persistent fraudulent use" by Trump and his family business of false and misleading financial statements from 2011 to 2021.
James said inflating values of more than a dozen assets by hundreds of millions of dollars established the defendants' liability for fraud under the state's Executive Law.
"The cumulative effect of these numerous deceptive schemes to inflate Mr. Trump's assets, and hence his net worth, is staggering," and is "just the tip of a much larger iceberg of deception (the state) is prepared to expose at trial," James said.
Less than an hour after James' filing, lawyers for Trump and the other defendants filed their own papers seeking to end what they called James' "crusade against President Trump" and dismiss the entire case.
Citing a recent appellate court decision, they said that many of the transactions James challenged took place too long ago to be reviewed in court, and said the attorney general offered no proof that anyone was harmed by the remainder.
"What she seeks to do here [is] become the post hoc arbiter of the marketplace by interjecting her own judgment into strictly private, profitable transactions," the defendants' lawyers said. "The record evidence now undermines fully her purported claims."
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