Trump's Post Election Fallout: Legal & Obstruction actions

New York Attorney General Letitia James audio statement can be found here:

https://www.nbcnewyork.com/news/donald-trump-sued-for-fraud-by-ny-attorney-general-in-long-awaited-case/3874251/

Donald Trump and members of his family committed a long-running bank, tax and insurance fraud that was "astounding" in its scope, New York Attorney General Letitia James alleged in a blockbuster and long-awaited lawsuit on Wednesday.

And while the suit is only civil, James is referring the former president and his family to the IRS's criminal division, and to federal prosecutors in Manhattan, for possible violations of tax law.

The suit, which runs to more than 200 pages, alleges that the former president systematically inflated his net worth for purposes of getting better loan terms, while at the same time deflating his worth and the value of his holdings to get more favorable tax treatment. Trump's children Donald Jr., Ivanka and Eric are also named as defendants.

"The examples I laid out just barely scratch the surface of the misconduct that we have uncovered," James told a news conference to announce the suit, after running through a litany of claims against the former president. "The pattern of fraud and deception that was used by Mr. Trump and the Trump Organization for their own financial benefit is astounding."

"It was a scheme that by its very nature became more profitable over time," she added.

The fraud allegedly included the former president's compound at Mar-a-Lago in Florida, his controversial hotel in Washington D.C. and even his own triplex at Trump Tower in Manhattan - three examples of what the AG alleges were more than 200 instances of fraud over the course of 10 years. In one example, James said Trump overinflated the value of Mar-a-Lago almost 10-fold.

The AG's office is seeking about $250 million in penalties, to bar Trump and his children from being officers of any New York-based company for five years, and to bar them from borrowing from any New York-registered financial institution for five years.

"We believe the conduct alleged in this action also violates federal criminal law," James said at the news conference, referencing the alleged filing of false financial statements, as well as purported bank fraud.

The Manhattan District Attorney's Office, which was not part of James' referral, issued a statement later Wednesday saying its own criminal probe was "active and ongoing."
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commando said:
i should have bought stock in ketchup yesterday
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Yep

Change the year to 2024:

200w.gif


 
I wonder when it was that he inflated the values. Wasn’t he being accused of this even before he became president?

It’s amazing the people who believed he was such a great business man. 
 

I wonder what his real net worth is. Obviously way lower than he claimed. 

 
Another long thread on today's 11th Circuit ruling but tldr?

Trump once again was b!^@h slapped in court and democracy survives one more day. 


Next move for a malignant narcissist?  Yeah definitely don't accept the rule of law.  Try to burn the whole f#&%ing place down instead.

Cue his soon to be interview on Hannity. 

 
It looks like for today we survived our own little slice of banana republic judiciary.  


 
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:facepalm:

On top of just being flat out wrong he just admitted that he stole the docs that MAGA once said the FBI planted.  His attorneys must love him 


 
Scarlet said:
:facepalm:

On top of just being flat out wrong he just admitted that he stole the docs that MAGA once said the FBI planted.  His attorneys must love him 
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If he keeps saying dumb idiotic s#!t like this, Republicans will froth at the mouth to vote for this guy in 2024.

Although at the rate DeSantis is committing felonies - and being a giant pile of s#!t as a human being - Trump may be falling behind in the race-to-the-bottom to appeal to the Republican voter. 

Unfortunately America seems pretty likely to elect one of these complete morons as the next President. At least the slow death of America at the hands of truly moronic people is at least funny. 

 
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