by Alex Lloyd Gross
In a major setback for former President Donald Trump, NY judge Arthur Engoron has ruled that Trump must pay at least $355 million in fines and is forbidden from doing any business in New York. That means that he cannot be the head of his own company for a period of three years. He is also forbidden from asking for loans from New York banks.
Trump vowed to appeal. Many feel he has done nothing that ordinary Americans do everyday, just on a larger scale. Trump inflated the value of his properties. Judge Engoron said he did in a previous court ruling. Trump insists the valuations he gave for his property were fair. To be fair, many people inflate their income to gain favorable credit. Inflating income to induce a bank to issue credit is illegal. Few people get prosecuted for it.
Trump issued a statement . It appears below in it’s entirety. Judge Engoron ruled on the amount because his attorney of record at the time, Alina Habba did not check a box on a court form requesting a jury.
“The Justice System in New York State, and America as a whole, is under assault by partisan, deluded, biased Judges and Prosecutors. Racist, Corrupt A.G. Tish James has been obsessed with “Getting Trump” for years, and used Crooked New York State Judge Engoron to get an illegal, unAmerican judgment against me, my family, and my tremendous business. I helped New York City during its worst of times, and now, while it is overrun with Violent Biden Migrant Crime, the Radicals are doing all they can to kick me out.
This “decision” is a Complete and Total SHAM. There were No Victims, No Damages, No Complaints. Only satisfied Banks and Insurance Companies (which made a ton of money), GREAT Financial Statements, that didn’t even include the most valuable Asset – The TRUMP Brand, IRONCLAD Disclaimers (Buyer Beware, and Do your Own Due Diligence), and amazing Properties all over the World. All the other side had was a ridiculous $18 million valuation of magnificent Mar-a-Lago, an unConstitutional Gag Order, a Consumer Fraud Statute never before used for this purpose, No Jury allowed, and a refusal to send this disgusting charade to the Commercial Division, where it would have been put to a deserving end.
This “case” is OVER ever since the Appellate Division ended it on Statute of Limitations, also letting my daughter Ivanka out of this Witch Hunt. The Democrat Club-controlled Judge Engoron has already been reversed four times on this case, a shameful record, and he will be reversed again. We cannot let injustice stand, and will fight Crooked Joe Biden’s weaponized persecution at every step. MAKE AMERICA GREAT AGAIN!”
There is a very good chance that if this verdict stands, Trump will not be able to run his business in NY but he will be able to run the country should he win the election.