Trump fined $350m in civil fraud trial as judge blasts ‘pathological’ lack of remorse: Live

1708125308Eric Trump calls judge ‘truly a cruel man’ says he had ‘nothing to do with this case’Eric Trump writes on X:

Judge Engoron is truly a cruel man — he knows that every single witness testified to the fact that I had absolutely NOTHING to do with this case (as INSANE as the case truly is). No other judge would ever have allowed my name to be dragged through the mud. This is not justice in America — this is political vengeance by a judge out to get my father, the frontrunner for President of the United States.

Oliver O’Connell16 February 2024 23:15

1708125156Watch: Trump speaks outside Mar-a-Lago underlining lack of remorseOliver O’Connell16 February 2024 23:12

1708124807Watch: NY AG marks victory in Trump fraud caseNY Attorney General makes remarks after Trump fined more than $350 million

Oliver O’Connell16 February 2024 23:06

1708123502Trump posts again (and it’s another three ‘pages’)Donald Trump is again fuming about the “crazed lunatics” who “punished a liquid and beautiful Corporate Empire”.

Here’s his latest diatribe on Truth Social:

This Election Interference and tyrannical Abuse of Power by a Crooked Judge and Crooked Attorney General cannot be tolerated. My case was 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…..

Page 2: 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!

Page 3: 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!

Oliver O’Connell16 February 2024 22:45

1708123172How Trump’s fraud trial payment breaks down$463.9m – total payment from Donald Trump and all defendants, which represents disgorgement plus pre-judgment interest. This number will continue to increase every day until it’s paid. This comprises $363.9m in disgorgement and $100m in interest as of today.

$453.5m – total payment from Donald Trump specifically ( out of the $463.9m total number above). This comprises $354.9m in disgorgement and $98.6m in pre-judgment interest, as of today. Again, that number will continue to increase every day until it’s paid.

Oliver O’Connell16 February 2024 22:39

1708122037Full story: Furious Trump responds to rulingFormer president Donald Trump blasted the decision in his New York civil fraud trial, unsubstantially accusing the Justice who oversaw the trial and the New York attorney general of working together to impose financial penalties on him for political reasons.

Ariana Baio reports:

Oliver O’Connell16 February 2024 22:20

1708120464NY AG slams Trump’s ‘lying, cheating, and staggering fraud’New York Attorney General Letitia James released the following statement after Justice Arthur Engoron ruled in her favour in her office’s civil fraud case against Donald Trump, the other individual defendants, and the Trump Organization entities, ordering the defendants to pay more than $450m in total, which represents $363.8m in disgorgement and pre-judgment interest:

“Today, justice has been served. This is a tremendous victory for this state, this nation, and for everyone who believes that we all must play by the same rules — even former presidents.

“For years, Donald Trump engaged in massive fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization. While he may have authored the ‘Art of the Deal,’ our case revealed that his business was based on the art of the steal.

“When powerful people cheat to get better loans, it comes at the expense of honest and hardworking people. Everyday Americans cannot lie to a bank to get a mortgage to buy a home, and if they did, our government would throw the book at them. There simply cannot be different rules for different people.

“Now, Donald Trump is finally facing accountability for his lying, cheating, and staggering fraud. Because no matter how big, rich, or powerful you think you are, no one is above the law.”

Summarising the decision issued today by Judge Engoron, Ms James says the ruling grants the following relief:

Donald Trump and the other defendants are ordered to pay more than $450m in total, which represents $363.8m in disgorgement and pre-judgment interest;Donald Trump, Allen Weisselberg, and Jeffrey McConney are each banned from serving as an officer or director of any New York company for three years;Allen Weisselberg and Jeffrey McConney are additionally banned from serving in a financial management role in any New York company for life;Donald Trump Jr and Eric Trump are banned from serving as an officer or director of any New York company for two years;Donald Trump and his companies are banned from applying for loans from any New York bank or financial institution for three years;A new, Independent Director of Compliance role will be created at the Trump Organization to ensure the company establishes internal protocols and meets financial reporting obligations; andThe current independent, external monitor will continue to oversee the company’s financial dealings and ensure this fraud cannot continue. Oliver O’Connell16 February 2024 21:54

1708120237Alina Habba calls fraud trial ruling a ‘witch hunt’“This verdict is a manifest injustice – plain and simple,” Ms Habba wrote.

Ariana Baio reports:

Oliver O’Connell16 February 2024 21:50

1708119986…but wait, there’s moreMr Trump wasn’t done:

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 (more to follow!).

Oliver O’Connell16 February 2024 21:46

1708119467Read Trump’s three ‘page’ response to Judge Engoron’s verdictDonald Trump has reacted to the verdict published by Judge Arthur Engoron.

In a three “page” post on Truth Social, the former president wrote:

The Justice System in New York State, and America 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, unAmerican 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…..

Page 2: This “decision” is a Complete and Total SHAM. There were No Victims, No Damages, No Complaints. Only satisfied Banks and Insurance Companies (which made a ton of money), GREAT Financial Statements, that didn’t even include the most valuable Asset – The TRUMP Brand, IRONCLAD Disclaimers (Buyer Beware, and Do your Own Due Diligence), and amazing Properties all over the World. All the other side had was a ridiculous $18 million valuation of magnificent Mar-a-Lago, an unConstitutional Gag Order, a Consumer Fraud Statute never before used for this purpose, No Jury allowed, and a refusal to send this disgusting charade to the Commercial Division, where it would have been put to a deserving end…

Page 3: This “case” is OVER ever since the Appellate Division ended it on Statute of Limitations, also letting my daughter Ivanka out of this Witch Hunt. The Democrat Club-controlled Judge Engoron has already been reversed four times on this case, a shameful record, and he will be reversed again. We cannot let injustice stand, and will fight Crooked Joe Biden’s weaponized persecution at every step. MAKE AMERICA GREAT AGAIN!

Oliver O’Connell16 February 2024 21:37