Posted on 10/05/2023 12:40:25 PM PDT by Red Badger
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The New York City DA and anti-Trump banshee, who made her entire campaign about “destroying Trump,” is now trying to take away his real estate empire with a half-baked “fraud” trial. Ironically, Letitia James’ so-called “fraud case” is the only fraud being perpetuated. Unfortunately, that’s become par for the course in a judicial system now more focused on activism than actual justice.
James brought the $250 million lawsuit last September, alleging that Trump and his co-defendants committed fraud by inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies. This case centers greatly around what Trump claims is heavily undervaluing his assets, like Mar-a-Lago in Palm Beach, Florida. He and his lawyers also maintain that disclaimers on his financial statements made clear that they were estimates and that banks would have to perform their own analysis.
We need your help! Join our growing army and click here to subscribe to ad-free Revolver. Or give a one-time or recurring donation during this critical time.
The New York City DA and anti-Trump banshee, who made her entire campaign about “destroying Trump,” is now trying to take away his real estate empire with a half-baked “fraud” trial. Ironically, Letitia James’ so-called “fraud case” is the only fraud being perpetuated. Unfortunately, that’s become par for the course in a judicial system now more focused on activism than actual justice.
James brought the $250 million lawsuit last September, alleging that Trump and his co-defendants committed fraud by inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies. This case centers greatly around what Trump claims is heavily undervaluing his assets, like Mar-a-Lago in Palm Beach, Florida. He and his lawyers also maintain that disclaimers on his financial statements made clear that they were estimates and that banks would have to perform their own analysis.
Nonetheless, the left has once again turned the judicial system into a weapon to target President Trump.
AP:
But Trump left for the day claiming he’d scored a victory, pointing to comments that he viewed as Judge Arthur Engoron coming around to the defense view that most of the suit’s allegations are too old.
The judge suggested that testimony about Trump’s 2011 financial statement was beyond the legal time limit. Wallace promised to link it to a more recent loan agreement, but Trump took the judge’s remarks as an “outstanding” development for him.
Engoron ruled last week that Trump committed fraud in his business dealings. If upheld on appeal, the ruling could force Trump to give up New York properties including Trump Tower, a Wall Street office building, golf courses and a suburban estate. Trump has called it a “a corporate death penalty” and insisted the judge, a Democrat, is unfair and out to get him.
The non-jury trial concerns six remaining claims in the lawsuit, including allegations of conspiracy, insurance fraud and falsifying business records. Engoron said that neither side sought a jury and that state law doesn’t allow for juries when suits seek not only money but a court order setting out something a defendant must do or not do.
James is seeking $250 million in penalties and a ban on Trump doing business in New York.
As if that weren’t bad enough, the Democrat judge overseeing this sham case appears to be one of the most partisan activists we’ve seen yet. Arthur Engoron openly stated that he can overrule juries that “get it wrong,” based on his own emotional take on the case. Gee, it sounds like he’s already mapped out his approach to this particular trial, doesn’t it?
We need your help! Join our growing army and click here to subscribe to ad-free Revolver. Or give a one-time or recurring donation during this critical time.
The New York City DA and anti-Trump banshee, who made her entire campaign about “destroying Trump,” is now trying to take away his real estate empire with a half-baked “fraud” trial. Ironically, Letitia James’ so-called “fraud case” is the only fraud being perpetuated. Unfortunately, that’s become par for the course in a judicial system now more focused on activism than actual justice.
James brought the $250 million lawsuit last September, alleging that Trump and his co-defendants committed fraud by inflating assets on financial statements to get better terms on commercial real estate loans and insurance policies. This case centers greatly around what Trump claims is heavily undervaluing his assets, like Mar-a-Lago in Palm Beach, Florida. He and his lawyers also maintain that disclaimers on his financial statements made clear that they were estimates and that banks would have to perform their own analysis.
Nonetheless, the left has once again turned the judicial system into a weapon to target President Trump.
AP:
But Trump left for the day claiming he’d scored a victory, pointing to comments that he viewed as Judge Arthur Engoron coming around to the defense view that most of the suit’s allegations are too old.
The judge suggested that testimony about Trump’s 2011 financial statement was beyond the legal time limit. Wallace promised to link it to a more recent loan agreement, but Trump took the judge’s remarks as an “outstanding” development for him.
Engoron ruled last week that Trump committed fraud in his business dealings. If upheld on appeal, the ruling could force Trump to give up New York properties including Trump Tower, a Wall Street office building, golf courses and a suburban estate. Trump has called it a “a corporate death penalty” and insisted the judge, a Democrat, is unfair and out to get him.
The non-jury trial concerns six remaining claims in the lawsuit, including allegations of conspiracy, insurance fraud and falsifying business records. Engoron said that neither side sought a jury and that state law doesn’t allow for juries when suits seek not only money but a court order setting out something a defendant must do or not do.
James is seeking $250 million in penalties and a ban on Trump doing business in New York.
As if that weren’t bad enough, the Democrat judge overseeing this sham case appears to be one of the most partisan activists we’ve seen yet. Arthur Engoron openly stated that he can overrule juries that “get it wrong,” based on his own emotional take on the case. Gee, it sounds like he’s already mapped out his approach to this particular trial, doesn’t it?
It’s a given that comments like those from Mr. Engoron should be grounds for his removal from the bench. A judge who believes his emotions and feelings can override a jury’s decision based on facts and evidence has no business presiding over any case in any courtroom—end of story. But, naturally, in these Soros-backed, Democrat-controlled, unjust hellholes, this is exactly what they’re after: activist judges who will use every trick in the book to crush political dissenters.
This “judge” looks and talks like a blithering idiot. His hair looks like a mop with bad glue and he dresses in Salvation Army rejects.
Which is the “radical statement”?
” Engoron said that neither side sought a jury and that state law doesn’t allow for juries when suits seek not only money but a court order setting out something a defendant must do or not do.”
What the heck?!
How is it he’s being charged with fraud when there are no plaintiffs. No bank or financial institution lost any money, all the bills were paid on time. This is just more treachery by the left in their blatant attempt to deny him his rights.
The judge does not have a license for providing property evaluations, as required by state law. Yet her ruling relies on her word that the appraisal should have been less than Trump estimated. When she gave a different number than Trump, and put it into her ruling, she broke the law.
Not standing up to these poop stains that call themselves democrats has emboldened them to ignore laws and write their own. We’re now seeing a govt sponsored hit job against an innocent family. This is a Stalinist railroading. When we come back into power these people need to go to prison for this.
In 30+ years of running my own business, I never had a bank NOT perform their own analysis. I’m certain that anyone who has bought a home using a mortgage has experienced the real estate appraisal process used by banks. I can only image serfs living on the Democrat plantation and who never owned real property believes James’ accusations of fraud.
NY has some of the most arcane laws in the US.
Mostly written by the Mafia.................
the only thing the bank would have relied on in the financial statements would be the address of the property
and they would double check that
they would toss the numbers and do their own
I bet she HAS NEVER OWNED A HOME, nor anyone in her office..............................
He's a typical run of the mill NY liberal
The Citizens Rule Book
The year was 1670, and the case Bushnell sat on was that of William Penn, who was on trial for
violation of a “Conventicle Act.” This was an elaborate Act which made the Church of
England the only legal church. The Act was struck down by their not guilty vote. Freedom of
Religion was established and became part of the English Bill of Rights and later it became the
First Amendment to the U.S. Constitution. In addition, the Right to peaceful assembly was
founded, Freedom of Speech, and also habeas corpus. The first such writ of habeas corpus ever
issued by the Court of Common Pleas was issued to free Edward Bushnell. Later this trial gave
birth to the concept of Freedom of the press.
Had Bushnell and his colleagues yielded to the guilty verdict sought by the judge and
prosecutor, William Penn most likely would have been executed as he clearly broke the law.
HE BROKE THE LAW!
There would have been no Liberty Bell, no Independence Hall, no city of Philadelphia, and no
state called Pennsylvania, for young William Penn, founder of Pennsylvania, and leader of the
Quakers, was on trial for his life. His alleged crime was preaching and teaching a different
view of the Bible than that of the Church of England. This appears innocent today, but then,
one could be executed for such actions. He believed in freedom of religion, freedom of speech
and the right to peaceful assembly. He had broken to government’s law, but he had injured no
one. The four heroic JURORS knew that only when actual injury to someone’s person or
property take place is there a real crime. No law is broken when no injury can be shown. Thus
there can be no loss or termination of rights unless actual damage is proven. Many imposter
laws were repealed as a result of this.
Arthur Engoron openly stated that he can overrule juries that “get it wrong,” based on his own emotional take on the case.
The judge is a DUDE.
Someone please explain this to me. So a PRIVATE COMPANY who employs underwriters. Said underwriters analyze, assess and price the assets of said borrower. The PRIVATE COMPANY then determines the rates based on what the PRIVATE COMPANY underwriter has deemed to be the borrower’s assets and value. So, explain to me what crime has been committed? What does Government have to do anything with this?
The least you could do is edit what you post and remove all the duplicate paragraphs.........
Yikes.
Looks like the guy on Creepshow.................
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