New York Attorney General Letitia James is seeking a lifetime ban on former President Donald Trump from the real estate industry in the state, along with a $370 million fine against Trump and his companies.
According to combined media reports, James is also seeking lifetime bans on former Trump Organization Chief Financial Officer Allen Howard Weisselberg and former Trump Organization controller Jeff McConney, as well as five-year bans on the former president’s sons Donald Trump Jr. and Eric Trump.
“The myriad deceptive schemes they employed to inflate asset values and conceal facts were so outrageous that they belie innocent explanation,” James wrote in a post-trial brief filed today as Trump’s 11-week trial on fraud charges draws to a close.
Judge Arthur Engoron has already ruled in a summary judgment that Trump and his co-defendants were liable for persistent and repeated fraud that enabled him to receive better loan terms for is properties. Both sides in the trial will present their final briefs and closing arguments next Thursday, with Engoron presenting his verdict on a later date.
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Aside from being a fascist wannabe dictator this conman is a blatant crook. He needs a lifetime in jail.
I so agree.
With facts Paul and anyone else.
What did President Trump do to you or your family that hurt you?
NO opinions, just Facts
Thanks
Ps being the president is not a personality contest.
Trump must be a magician to induce the banks and their legal teams to give him and his organization real estate loans. This egregious lawsuit and summary judgment suspends reality and reveals the rabid hatred of these partisan hacks.
I completely agree.
Not a magician, just a more blatant and remorseless liar than most. If you would bother to note the facts presented in the trial, like claiming his own condo was 3 time bigger than actuality you might discern it is his own lies and deceptive practices that caused his legal issues, not partisanship.
Trump gave his estimate of the value. It is common for investors to overestimate or underestimate the value of their assets.It is the responsibility of the lenders to do their own appraisals and provide funds based on their analysis. Many of us think our homes are worth more than the banks think. The banks will only give us money for what they think is the value. if we disagree we need to provide comps and other appraisals and docs.This suit has never been done in NY state which is surprising with all the investors there , so it is obviously done for political purposes.
No one estimates that his/her property is 3 times the size that it is. Why would anyone be defending a crook like trump, someone who didn’t even bother to defend himself for having raped Jean Carroll and now she is getting a 2nd go at him because after he was found guilty he decided to take another defamation go at her. January 6, 2021 was not enough for you? And then people who defend this crook become offended when people define them as cult members.
Trump did nothing more than what other corporate investors do everyday. Banks make loans based on APPRAISED values not on owners’ guesstimates!
I couldn’t agree more I have over40years experience in real estate and banking and it is obvious that this is a hoax by leticia and the judge.lastly the penalties being requested are disgustingly ridiculous.
To those that never applied for commercial loans the banks and or investors have all the documents and have THEIR OWN APPRAISAL DONE ON ALL REALESTATE TRANSACTION. They never take what the bower says it is. This is the democrats using the DOJ to do their dirty work. That is what destroying a democracy.
Ha!
I have a bridge to sell you!
Politics aside, how would a lifetime ban work in real estate? I feel like that would be unenforceable, but perhaps I am wrong.