https://sputnikglobe.com/20240105/new-york-attorney-general-wants-trump-to-pay-370mln-in-civil-fraud-trial---court-documents-1116002963.html
New York Attorney General Wants Trump to Pay $370Mln in Civil Fraud Trial - Court Documents
New York Attorney General Wants Trump to Pay $370Mln in Civil Fraud Trial - Court Documents
Sputnik International
New York Attorney General Letitia James wants to make former president Donald Trump and his fellow defendants pay nearly $370 million for their alleged financial fraud, court documents filed on Friday showed.
2024-01-05T19:33+0000
2024-01-05T19:33+0000
2024-01-05T19:34+0000
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"Defendants reaped hundreds of millions of dollars in ill-gotten gains through their unlawful conduct. Record evidence, including the substantively unrebutted testimony of Plaintiff’s banking expert Michiel McCarty, supports disgorgement of $370 million, plus pre-judgment interest," New York Attorney General Letitia James argued in the filing. Additionally, the attorney general asked for Trump and his co-defendants, including Allen Weisselberg and Jeffrey McConney, to be barred permanently from serving as officers or directors of any New York corporation. Two of Trump's sons, however, were offered a less stringent outcome, with the AG's office asking for a five-year ban on participating in the real estate industry in the state of New York or serving as an officer or director of any New York corporation or legal entity. The document, which spans almost 100 pages, proceeds to summarize evidence from court, including incidences when both Trump and his associates testified during trial. James brought the civil fraud case against Trump and his associates for allegedly lying about the value of Trump properties. Trump has consistently denied wrongdoing, characterizing the case as a political witch hunt to prevent his re-election. His attorneys have also argued in separate briefs that no fraud has occurred, instead blaming misstatements on accidental accounting errors. The filing comes less than a week before closing arguments in the ongoing civil fraud trial are set to begin on January 11. Penalties are expected to be decided by the presiding judge some time afterward.
https://sputnikglobe.com/20240105/us-house-report-reveals-trump-firms-earned-millions-in-foreign-payments-during-presidency-1115980713.html
https://sputnikglobe.com/20230802/trump-indictment-shows-free-fair-2024-election-no-longer-possible-watchdog-says-1112336655.html
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New York Attorney General Wants Trump to Pay $370Mln in Civil Fraud Trial - Court Documents
19:33 GMT 05.01.2024 (Updated: 19:34 GMT 05.01.2024) WASHINGTON (Sputnik) - New York Attorney General Letitia James wants to make former president Donald Trump and his fellow defendants pay nearly $370 million for their alleged financial fraud, court documents filed on Friday showed.
"Defendants reaped hundreds of millions of dollars in ill-gotten gains through their unlawful conduct. Record evidence, including the substantively unrebutted testimony of Plaintiff’s banking expert Michiel McCarty, supports disgorgement of $370 million, plus pre-judgment interest," New York Attorney General Letitia James argued in the filing.
Additionally, the attorney general asked for
Trump and his co-defendants, including Allen Weisselberg and Jeffrey McConney, to be barred permanently from serving as officers or directors of any New York corporation.
"Lifetime injunctions barring Trump, Weisselberg and McConney from participating in the real estate industry in New York State or from serving as an officer or director of any New York corporation or other legal entity are necessary and appropriate," the documents read.
Two of Trump's sons, however, were offered a less stringent outcome, with the AG's office asking for a five-year ban on participating in the real estate industry in the state of New York or serving as an officer or director of any New York corporation or legal entity.
The document, which spans almost 100 pages, proceeds to summarize evidence from court, including incidences when both Trump and his associates testified during trial.
James brought the civil fraud case against Trump and his associates for allegedly lying about the value of Trump properties.
Trump has consistently denied wrongdoing, characterizing the case as a political witch hunt to
prevent his re-election. His attorneys have also argued in separate briefs that no fraud has occurred, instead blaming misstatements on accidental accounting errors.
The filing comes less than a week before closing arguments in the ongoing civil fraud trial are set to begin on January 11. Penalties are expected to be decided by the presiding judge some time afterward.
