in World News NY Appellate Judges Skeptical of Letitia James’ Civil Fraud Case Against Trump
Blast Her Deputy Solicitor General During Opening Statement
New York appellate judges on Thursday appeared skeptical of Letitia James’s NYC civil fraud case against President Trump.
Radical Marxist New York Attorney General Letitia James previously sought $370 million in ‘damages’ when there was no victim in a civil fraud case against Trump. She also sought to ban Trump and his sons from operating any businesses in New York. She accused Trump of inflating his assets and defrauding lenders and insurance companies.
In February, after 11 weeks of a Soviet-style non-jury trial, far-left Judge Engoron ordered Trump to pay more than a $355 million fine and barred Trump “from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years.”
The $355 million judgment PLUS daily interest swelled to $464 million.
Engoron claimed Trump and each of the defendants “participated in aiding and abetting the conspiracy to commit insurance fraud by their individual acts in falsifying business records and valuations, causing materially fraudulent SFCs to be intentionally submitted to insurance companies.”
Last November a Deutsche Bank executive who worked to approve at least one of Trump’s loans testified that it is “atypical, but not entirely unusual” to reduce a client’s asset values and still approve a loan.
This type of lending is typical in high net-worth, high-profile clients like Donald Trump. Anyone with basic knowledge of banking, lending, portfolio and credit risk management knows this.