Former US President Donald Trump stated this Saturday that a possible fine against him of $370 million dollars, requested by Letitia James, attorney general of New York, would be detrimental to the city and claimed it has been the victim of a “witch hunt” for years.
“The attorney general of New York requested that pay a ‘fine’ of $370,000,000 dollars, in addition to other things harmful to New York, after years of witch hunt, essentially for borrowing money from a bank and paying the bank back, ahead of schedule,” said the former president.
In a publication on his social network Truth, the politician also linked tycoon George Soros, whom he had already reported in recent months to have donated $1 million dollars to the New York Color of Change organization, who supported Alvin Bragg’s candidacy for Manhattan District Attorney.
Regarding the bank loan, the former Republican president insisted, There were no defaults, discounts “or anything more” than profits for the financial institution.
“The bank in question testified that the loans were large and much smaller than the fine. He didn’t even need the money, the bank wanted to grant the loans. That’s what they do, make loans. Furthermore, I won the appeal in the Appeals Chamber of the Supreme Court and the judge refused to accept his decision. Also, excellent financial statements! ”He stated.
A fine of $370 million dollars
On Friday, it was reported that the New York Prosecutor’s Office requested a fine of $370 million dollars Donald Trump and a lifetime veto in the state’s real estate sector after the civil trial for fraud at the Trump Organization. The figure is higher than initially requested.
New York State Attorney General Letitia James. Photo: Michael M. Santiago/Getty Images
Judge Arthur Engoron could issue a verdict on January 11 after the final arguments of both parties that specify this possible multimillion-dollar fine for the Republican, in addition to his two grown children and two former executives. The latter were already considered responsible for the fraud, the main charge, in a pre-trial ruling, reported the Efe news agency.
The office of prosecutor Letitia James argued that the former president should pay more because “It was demonstrated” in the trial that he obtained illicit profits.
The Prosecutor’s Office also claims that Donald Trump and his two former accused executives Allen Weisselberg and Jeffrey McConey be forever prevented from participating in the real estate sector or managing “any company or legal entity” In New York.
Still to be resolved are six charges related to the Trump Organization’s alleged manipulation of asset figures in financial documents to obtain advantages with insurers and banks. Of that ruling, the Efe news agency noted, The possible fine and restrictive measures for businesses will depend.
Mar-a-Lago is “worth” up to 100 times $18,000,000
Donald Trump, through Truth, signed that Its financial statements are “excellent and very conservative” and stated that Mar-a-Lago is worth 50 to 100 times $18,000,000.
“I did not do anything wrong. My financial statements are excellent and very conservative, the exact opposite of what the highly political and totally corrupt New York State Attorney General says. She ran for office on ‘I’m going to get Trump,’ she and the judge fraudulently valued Mar-a-Lago in Palm Beach, Florida, at $18,000,000 because he established his false narrative, when it is worth 50 to 100 times that amount,” said the former president.
“The corrupt agent wants $370,000,000 while the companies flee New York. They should pay me. This is fiscal malpractice: a witch hunt!”he added.
Keep reading:
• After fraud trial: New York Prosecutor’s Office demands a $370 million fine from Donald Trump
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• US Supreme Court accepted case on Donald Trump’s expulsion from Colorado primaries
2024-01-06 23:13:59
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