Former President Trump defrauded New York Attorney General Letitia James on Monday night by convincing a judge to undervalue a property in Mar-a-Lago, Florida, amid a civil fraud case in the Empire State. he claimed.
In a post on his social media platform Truth Social, President Trump called Attorney General James a “failed and disgraceful” attorney general who vastly undervalued Florida’s assets.
“The only fraud in the Peekaboo James case was our failed and disgusting New York State Attorney General’s decision to value Mar-a-Lago in Palm Beach, Florida at just $18 million. She persuaded her “judge” Arthur Engoron. It’s worth 50 to 100 times more than that,” Trump, the presumptive Republican presidential nominee, said on stage.
“This is done fraudulently and illegally, working closely within a corrupt communist regime to set their narrative, knowing that their values and facts are completely wrong. “It was given to me,” he continued. “Businesses will flee the state as immigrant crime and violence continues to rise. I paid $300 million in taxes and this is what I get. Witch Hunt!!!”
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Former President Trump claimed Monday night that New York Attorney General Letitia James committed fraud by convincing a judge to undervalue the Mar-a-Lago property. (AP)
This comes after New York Judge Arthur Engoron handed down the verdict last month after a months-long trial that began in October, when the former president was accused of inflating his assets and falsifying financial documents.
Engoron accused Trump and the other defendants of “persistent and repeated fraud,” “falsification of business records,” “issuance of false financial statements,” “conspiracy to falsify false financial statements,” “insurance fraud,” The court found them liable for “conspiracy to commit insurance fraud.” . ”
In late February, a New York Court of Appeals judge denied Mr. Trump’s request to delay the $464 million he would have to pay as a result of a lawsuit filed by Mr. He said he would temporarily allow his sons to continue operating the business during the presidential campaign. Appeal procedure.
A New York Court of Appeals judge previously ruled that Trump must pay the full amount of his judgment as bond and appoint an independent compliance director.
On Monday, Trump’s lawyers said in a court filing that obtaining a $464 million appeal was “not realistically possible under the circumstances presented.”
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President Trump told Truth Social on Monday that winning a $464 million appeal would be “virtually impossible for any company, including a successful company like mine.” Ta. (AP Photo/Andrew Harnik, File)
Trump’s lawyer Alina Haba told X22 on Monday that she was “confident” that her client’s debts would be forgiven.
“Even though the witnesses have been very frank saying they are great customers, we are all making money and they have done nothing wrong, we are accusing them of these outrageous numbers. “And we are confident that we can reverse this number,” Haba said.
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In a post on Truth Social early Monday, President Trump said he has “used amazing, unparalleled historic assets and tons of cash to build a spectacular business that will help rebuild New York City and the state. Perverse. That’s what Joe Biden and his maniacal persecutors are trying to do.” It was unjustly and illegally taken from me. ”
President Trump described Letitia James as New York’s “failed and disgusting” attorney general. (Lev Radin/Pacific Press/LightRocket via Getty Images)
“The size of the bond set by a Democratic club-controlled judge in the illegal witch hunt of corrupt racist Letitia James is unconstitutional, un-American, and unprecedented. “This is virtually impossible for any company to do, including a successful company like mine,” Trump wrote. “Bond companies have never heard of bonds of this size and don’t have the ability to issue them even if they wanted to.”
FOX News’ Bradford Betts contributed to this report.
