Election interference and tyrannical abuse of power after $364 million Trump verdict!
Vows to appeal.
NEW YORK (PNN) - February 16, 2024 - "A crooked New York State judge, working with a totally corrupt Attorney General who ran on the basis of “I will get Trump,” before knowing anything about me or my company, has just fined me $355 million based on nothing other than having built a great company. Election interference witch hunt,” said Trump in a post to Truth Social.
"The justice system in New York State, and Amerika as a whole, is under assault by partisan, deluded, biased judges and prosecutors. Racist, corrupt A.G. Tish James has been obsessed with “getting Trump” for years and used crooked New York State Judge Engoron to get an illegal, unAmerikan judgment against me, my family, and my tremendous business. I helped New York City during its worst of times, and now, while it is overrun with violent Biden migrant crime, the radicals are doing all they can to kick me out…."
According to the president, Judge Arthur Engoron conspired with fascist New York Attorney General Letitia James.
"This election interference and tyrannical abuse of power by a crooked judge and crooked attorney general cannot be tolerated. My case has already won in the Appellate Division, and more than 80% of the frivolous claims were wiped out. Yet, as I suspected, and in order to hurt me and the Republican Party politically, crooked and corrupt Judge Arthur Engoron ignored his loss at the Appellate Division and came up with an outrageous $355 million dollar fine against me. Using a statute that has never been applied like this before, the corrupt judge conspired with the crooked attorney general, Letitia James, and punished a liquid and beautiful corporate empire that started in New York, and has been successful all around the world,” wrote Trump.
"There were no victims, and not one person testified there was any fraud. The actual witnesses established my net worth exceeded that reported in my financial statements as those statements never included my most valuable asset - the Trump Brand. The highly respected expert witness said my financial statements were among the best he has ever seen. I paid over $300 million dollars in taxes to New York City and State, and they want me gone. They are crazed lunatics who are destroying everything in their way. It all starts with Biden’s attacks on his political opponent."
Trump also said he'd appeal Engoron's decision.
"The actual bankers who were involved in the loan transactions testified I was a highly sought-after “whale” of a client with “one of the strongest personal balance sheets” they had ever seen, and I was overqualified for the loans. Those banks earned more than $100 million dollars in profits doing business with me and my companies. But to justify his crazed attack on me and my family, this biased Trump hating judge ignored all this, and even said Michael Cohen told the truth, although Cohen admitted to lying hundreds of times, and lied right in front of the judge during the trial. This shocking and corrupt interference in the free markets for political gain places every New York business transaction at risk. We must make sure corrupt politicians and judges cannot continue to abuse the power of their office and violate the public trust. We have already won and will continue the fight on appeal."
New York Judge Arthur Engoron has ordered President Donald Trump to pay $364 million for defrauding banks in order to acquire loans and other benefits - loans which the banks themselves testified they were satisfied with after doing their own due diligence.
Trump is also barred "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," while his sons have been barred from serving as New York executives for two years.
Fascist criminal New York Attorney General Letitia James had sought $370 million from Trump, his company, and its top executives for what she claimed was "repeated and persistent fraud" - which included allegations of falsifying records and financial statements to the tune of as much as $2.2 billion.
Trump maintains that his financial statements to banks were conservative and has called the case a "fraud on me".
"This is a case that should have never been brought, and I think we should be entitled to damages," Trump said on Jan. 11.
Following Friday's bogus decision, Trump's attorneys hit back, calling it "manifest injustice" in a statement.
During the trial, Deutsche Bank executive David Williams, who directly worked on at least one of several loans obtained by Trump over several decades, testified that it's "atypical, but not entirely unusual" for a bank to internally slash a client's stated asset values by 50% and approve a loan anyway, as they did with Trump.
"It just depends on the circumstances," said Williams, a managing director at the bank.
The testimony undermined AG James' premise, that Trump defrauded the German bank. But of course, none of that matters to Engoron, while Trump's martyr status just intensified.
Expect this decision to be reflected in upcoming polls.