New York Attorney General Letitia James’ $250 million lawsuit against Donald Trump Judge Friday ruled in favor of putting forward allegations that fraudsters are being used. slamming arguments By Trump’s legal team to dismiss it as “frivolous.”
James filed the suit in September Against TrumpThe family-run Trump Allen Weisselberg, Allen Weisselberg, chief financial officer, Organization and three of his oldest children, who were all company executives. It is expected that the case will begin in October.
This suit charges the Trumps with the Trump Organization — which operates real estate, golf resort and hospitality businesses — of intentionally lying to lenders and insurers about the value of the former president’s assets in order to secure favorable loan terms and lower insurance premiums.
If successful, the suit could cripple the company’s ability to do business in New York.
Trump James, his attorneys and former president have all denied wrongdoing. James also accused James of initiating a politically biased campaign. “witch hunt” In opposition to him.
New York Supreme Court Justice Arthur Engoron, on Friday, rebuffed the decision to dismiss. Trump’s team for the “frivolous” action.
Trump Alina Habba, attorney, stated in a statement that the decision will be appealed.
Engoron stated that “sophisticated defense counsel should have known better” Rather than making baseless arguments about things that have been rejected in other motions. One of those chestnuts that was already rejected was “witch hunt” Engoron claimed the claim.
“Reading these arguments was, to quote the baseball sage Lawrence Peter (“Yogi”) Berra, ‘Deja vu all over again,’” the judge wrote.
Ivanka also tried to make Engoron leave. Trump, who is named as a defendant in James’ lawsuit, to dismiss the accusations against her.
James responded in a statement after Engoron’s ruling: “Once again, Donald Trump’s attempts to evade the law have been rejected.”
Elle added: “We sued Mr. Trump because we found that he engaged in years of extensive financial fraud to enrich himself and cheat the system.” This is the decision “makes clear that Donald Trump is not above the law and must answer for his actions in court,” James noted.
If it goes ahead as expected in October, it will occur while Trump He will run again for the presidency in 2024.
A lawsuit is a suit against business practices. Trump As constituting an organization “staggering” fraud. James has called these actions “art of the steal,” Refer to Trump’s well-known ghost-written book “The Art of the Deal.”
TrumpManhattan District is continuing to investigate the case against him. Attorney Alvin Bragg, who is reviewing his company’s practices regarding how assets were valued for loans and insurance.