Donald Trump found himself grappling with a significant legal setback recently, with the potential to cast a shadow over his business empire. Here’s what happened.
In a shocking decision earlier this week, Judge Arthur F. Engoran delivered the former president a blow, holding him and his adult sons accountable for fraud and ordering the revocation of the Trump Organization’s “business certificates.”
Attorney General Letitia James brought this important action and is requesting $250 million in damages.
Loss for Trump
While this verdict marks a significant loss for Trump, the trial continues, with additional claims and the determination of the exact amount Trump will be required to pay slated to commence on Monday, October 2.
The ruling led to an outburst from the former president, who took to Truth Social to vent his frustrations.
Trump wrote, “I have a Deranged, Trump-Hating Judge, who RAILROADED this FAKE CASE through a NYS Court at a speed never seen before, refusing to let it go to the Commercial Division, where it belongs, denying me everything, No Trial, No Jury.”
The former president went on to accuse Judge Engoran of making an absurd decision aimed at “killing Trump.”
Trump added. “He made up this crazy ‘KILL TRUMP’ decision, assigning insanely low values to properties, despite overwhelming evidence.”
Trump’s Net Worth Is Much Greater
Trump explained that his actual net worth far exceeded the figures presented in the financial statements and vehemently refuted any allegations of bank fraud.
“My actual Net Worth is MUCH GREATER than the number shown on the Financial Statements, a BIG SURPRISE to him & the Racist A.G., Letitia James, who campaigned for office on a get Trump Platform,” he wrote.
Banks Are Happy
“While murderers roam the sidewalks of New York, my banks are happy, all loans are current, or paid off in full, sometimes early, with no defaults or problems of any kind. There is also an IRONCLAD DISCLAIMER CLAUSE!” he added
Politically Motivated Witch Hunt
In another post, Trump took a swipe at Attorney General Letitia James, and wrote, “This is a lawsuit that should never have been brought. It is a POLITICALLY MOTIVATED WITCH HUNT by a Racist Attorney General, and a Deranged, Trump Hating Judge.”
“It is ELECTION INTERFERENCE at a level never seen before. No wonder people and companies are fleeing New York!” he concluded.
“WE NEED JUSTICE IN OUR COUNTRY! I have had very unfair judges since entering politics, but nobody has been as unhinged as this guy,” he wrote in another post.
Looking Forward to the Case
While Trump vented his frustrations online, Attorney General Letitia James focused on the forthcoming stages of the case.
In a statement issued, she said, “Today, a judge ruled in our favor and found that Donald Trump and the Trump Organization engaged in years of financial fraud. We look forward to presenting the rest of our case at trial.”
Twitter Users Expressed Their Views
Several social media users shared their thoughts on the incident.
One Twitter user wrote, “If it’s happening to Trump at this level, it’s happening to others as well. It’s an assault on our constitution and the entire judicial system.”
Most Ludicrous Decision
Another user added, “This is the most ludicrous decision made. The judge should be removed immediately. He obviously has zero knowledge of real estate and the finance industry.”
A third user commented, “Finally, the patterns of both Trump and father Fred of having committed the same types of fraud for over 7 decades have been confirmed.”
A fourth user wrote, “Why is a liberal judge making this ruling on his own? Why was it a jury trial? And who believes Mar A Lago’s only value is $18M? Come on this can’t be true. More Politricks?”
Gen Z Is Lonely Thanks to “Flexible” Remote Work, Falling Behind
Let’s face it. Remote work brings strong emotions from both sides. Those who are in favor say it will help with work-life balance, save on commuting costs and a net benefit to the employee. Gen Z Is Lonely Thanks to “Flexible” Remote Work, Falling Behind
DeSantis Is Keen to Pardon Trump and Move On From ‘Past Controversies?’ – What’s Behind This ‘Fresh Start’ Initiative?
In a recent sit-down interview with conservative political commentator Megyn Kelly, Ron DeSantis implied that he would consider pardoning former President Donald Trump if he were to win the presidency. DeSantis Is Keen to Pardon Trump and Move On From ‘Past Controversies?’ – What’s Behind This ‘Fresh Start’ Initiative?
Adidas Accused of “Erasing Women” After Using a “Male Looking Model” to Launch Range of Women’s Swimwear
Sportswear giant Adidas has found itself at the center of controversy and calls for a boycott after releasing a new range of women’s swimwear featuring a model who appears to be a man. Here’s the full story. Adidas Accused of “Erasing Women” After Using a “Male Looking Model” to Launch Range of Women’s Swimwear
“A Circus” – Between Biden’s Faux Pas and 90-Year-Old Senator Feinstein’s Confusion, Is Anyone in Power Fit to Run the Country? Just Say, ‘Aye’ or ‘Nay’!
In a recent committee vote, Sen. Dianne Feinstein, a prominent figure in American politics, appeared confused, adding to the mounting worries about her physical decline impacting her role in Congress. Here’s the full story. “A Circus” – Between Biden’s Faux Pas and 90-Year-Old Senator Feinstein’s Confusion, Is Anyone in Power Fit to Run the Country? Just Say, ‘Aye’ or ‘Nay’!
“Walk Off the Field” – Trans Athlete Competes in Women’s Rugby Team, Injuring Other Players With Violent Tackles – Is This a Valid Concern?
Recent events in the rugby community have sparked a heated debate surrounding safety and fairness when transgender players compete against cisgender athletes. Here’s the full story. “Walk Off the Field” – Trans Athlete Competes in Women’s Rugby Team, Injuring Other Players With Violent Tackles – Is This a Valid Concern?
Featured Image Credit: Shutterstock / Potashev Aleksandr. The people shown in the images are for illustrative purposes only, not the actual people featured in the story.