New York attorney general files civil fraud lawsuit against Trump, some of his children and his business

[Scott]

The New York state attorney general filed a sweeping lawsuit Wednesday against former President Donald Trump, three of his adult children and the Trump Organization, alleging they were involved in an expansive fraud lasting over a decade that the former President used to enrich himself.

In the more than 200-page lawsuit, Attorney General Letitia James, a Democrat, alleges the fraud touched all aspects of the Trump business, including its properties and golf courses. According to the lawsuit, the Trump Organization deceived lenders, insurers and tax authorities by inflating the value of his properties using misleading appraisals.

“This conduct cannot be brushed aside and dismissed as some sort of good-faith mistake,” James said at a news conference in New York.

https://www.cnn.com/2022/09/21/politics/trump-new-york-attorney-general-letitia-james-fraud-lawsuit/index.html

[SunnyinBangrak]

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

Edited September 22, 2022 by Scott

[Chomper Higgot]

50 minutes ago, SunnyinBangrak said:

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

Billy Barr has no say at all in how this lawsuit will pan out, nor importantly in the criminal referrals to the DOJ and Revenue Department.

 

But by all means go ahead and ignore this, you’ll certainly not like hearing how it goes.

 

Trump took the 5th 440 times, which is admissible for consideration in civil cases.

 

Then the DOJ and Revenue Department get their bite out of Trump.

Financial crimes with a paper trail.

 

And the best bit, he’s put his kids in the frame too.

 

[Berkshire]

1 hour ago, SunnyinBangrak said:

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

You (and Bill Barr) can call it what you want.  But the mountain of evidence doesn't lie.  Over 200 pages of it.  You should send Trump some money.  He'll need it.

[bendejo]

Bill Barr could very well end up in jail, the ghost of John Mitchell looms over his shoulder.

Nixon wasn't sent to prison, but his attorney general was. 

This "leave the kids alone" is his attempt to regain smooching distance of the orange backside should the next MAGA putsch actually work.

A spineless toadying disgrace of a human being. 

 

What, no Jared?

 

 

[Chomper Higgot]

6 minutes ago, bendejo said:

Bill Barr could very well end up in jail, the ghost of John Mitchell looms over his shoulder.

Nixon wasn't sent to prison, but his attorney general was. 

This "leave the kids alone" is his attempt to regain smooching distance of the orange backside should the next MAGA putsch actually work.

A spineless toadying disgrace of a human being. 

 

What, no Jared?

 

 

“What, no Jared?”

Cooperating witness would be my guess.

[stevenl]

3 minutes ago, Chomper Higgot said:

“What, no Jared?”

Cooperating witness would be my guess.

Did Jared fulfill an official roll in the Trump Enterprise? AFAIK not, and this is purely a fraud case against the Trump Enterprise.

[bendejo]

1 minute ago, Chomper Higgot said:

“What, no Jared?”

Cooperating witness would be my guess.

Can of worms there: all sorts of spousal testimony rules, I'd guess it varies by state.  This was before politics, so I guess Jared was running his own enterprise.

BTW I suspect an ex-wife of one of the sons was some sort of cut-out to shelter at least some of the family fortune, should it all be sequestered. 

 

 

[Bluespunk]

Excellent news. 

[Gecko123]

Never been prouder to have been born in NYC. First time hearing Letitia James speak. Wow! Double wow! Anybody who thinks this is a political hit-job needs to simply listen to the press conference, most of which is devoted to detailing all of the crimes alleged to have been committed. This sounds like a rock solid paper trail case. These are absolutely shocking allegations. Civil case with criminal referrals to NY Southern District and IRS.

 

 

[Gecko123]

In his Youngstown, OH campaign speech, Trump referred to the investigations of him by the NY State Attorney General Letitia James and the Fulton county district attorney in Georgia Fani Willis as "racist" investigations, an obvious reference to the fact that these two women are African-American. I cannot express in words how despicable I think Trump is for doing this.

 

I watched Trump's Youngstown speech after seeing this Lincoln Project anti-Trump ad. I was so struck by Trump's dark language in the Lincoln Project ad that I wanted to double check to see if he really used such dark language in his speech. He did in fact use this language.

 

 

Here is a link to the full text of the NY State Attorney's lawsuit against Trump. Does this sound like the lawsuit was racially motivated to you?

 

https://www.nytimes.com/interactive/2022/09/21/nyregion/read-trump-suit-james.html

Edited September 22, 2022 by Gecko123

[Chomper Higgot]

5 minutes ago, Gecko123 said:

In his Youngstown, OH campaign speech, Trump referred to the investigations of him in by the NY State Attorney General Letitia James and the Fulton county district attorney in Georgia Fani Willis as "racist" investigations, an obvious reference to the fact that these two women are African-American. I cannot express in words how despicable I think Trump is for doing this.

 

Here is a link to the full text of the NY State Attorney's lawsuit against Trump. Does this sound like the lawsuit was racially motivated to you?

 

https://www.nytimes.com/interactive/2022/09/21/nyregion/read-trump-suit-james.html

He was telling the world how much it hurts him to be taken down by two extremely capable Black Women.

 

He knows it’s a message the many racists amongst his supporters want to hear.

 

[Phoenix Rising]

3 hours ago, Chomper Higgot said:

Billy Barr has no say at all in how this lawsuit will pan out, nor importantly in the criminal referrals to the DOJ and Revenue Department.

 

But by all means go ahead and ignore this, you’ll certainly not like hearing how it goes.

 

Trump took the 5th 440 times, which is admissible for consideration in civil cases.

 

Then the DOJ and Revenue Department get their bite out of Trump.

Financial crimes with a paper trail.

 

And the best bit, he’s put his kids in the frame too.

 

Wonder who'll break ranks first; Uday, Qusay or the one he desires..????

[candide]

2 hours ago, Gecko123 said:

Never been prouder to have been born in NYC. First time hearing Letitia James speak. Wow! Double wow! Anybody who thinks this is a political hit-job needs to simply listen to the press conference, most of which is devoted to detailing all of the crimes alleged to have been committed. This sounds like a rock solid paper trail case. These are absolutely shocking allegations. Civil case with criminal referrals to NY Southern District and IRS.

 

 

"Claiming that you have money you don’t have is not the art of the deal, It’s the art of the steal.” ????

[Mavideol]

I can only find 3 words for the "Orange" man  Lock Him Up  it's well overdue

[riclag]

6 hours ago, SunnyinBangrak said:

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

L. James accusations,Makes for a very unattractive legal system according to another Trump political detractor , Andy McCarthy.

 

https://www.foxnews.com/video/6312668184112

 

Me thinks the good guys already anticipated this a long time ago. Even Dershowitz knocked her on another news source.

[FritsSikkink]

Trump and his children will loose all their assets and do some jail time, will never be able to lend money or get insurance.

[FritsSikkink]

Another blow for Trump: US court lifts hold on classified records in Donald Trump investigation (msn.com)

[placeholder]

8 hours ago, SunnyinBangrak said:

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

Trump hater Bill Barr??? Really? This is the guy who lied about the Mueller report for Trump. Tried to quash investigations that could hurt Trump. Promoted investigations of those he he perceived to be opponents of Trump. And all because he didn't want to make himself ridiculous by supporting Trump's insane allegations that he actually won the election? 

[Bluespunk]

trump’s finished hopefully 

 

https://www.theguardian.com/us-news/2022/sep/21/donald-trump-lawsuit-new-york-investigation?CMP=Share_iOSApp_Other

[Eric Loh]

30 minutes ago, Bluespunk said:

trump’s finished hopefully 

 

https://www.theguardian.com/us-news/2022/sep/21/donald-trump-lawsuit-new-york-investigation?CMP=Share_iOSApp_Other

The irony of TRump's dissipating hope of being a Presidential candidate because of insurmountable legal perils is that he and his allies cannot claim that the investigations are political motivated. 

[candide]

2 hours ago, placeholder said:

Trump hater Bill Barr??? Really? This is the guy who lied about the Mueller report for Trump. Tried to quash investigations that could hurt Trump. Promoted investigations of those he he perceived to be opponents of Trump. And all because he didn't want to make himself ridiculous by supporting Trump's insane allegations that he actually won the election? 

For MAGA fans, it seems that stating that Trump's claims about rigged elections are B.S. actually means being anti-Trump.

[Gecko123]

11 hours ago, SunnyinBangrak said:

"Former Attorney General Bill Barr dismissed the lawsuit filed by the New York attorney general against former President Donald Trump and his children as a "political hit job," telling Fox News it is yet another symptom of "Trump derangement syndrome" and the left's desire to "punish" Trump.

"It’s hard for me not to conclude it’s a political hit job," Barr said Wednesday on "America Reports." "This is a woman who campaigned for office promising she was going to go after Trump, which I think is a tremendous abuse of office to go head-hunting and targeting individuals."

https://www.foxnews.com/media/new-york-ag-trump-lawsuit-political-hit-job-lefts-desire-punish-him-bill-barr

 

If even Trump hater Bill Barr admits this is "abuse of office" and another in a long line of witch hunts I think this is another one to ignore. I am wondering when and how this nonsensical persecution of Trump will end. Pretty stunning to think after 6 years of the biggest investigation into all aspects of a persons life this is the best they can come up with. Pure desperation.

Barr's main reason for criticizing the lawsuit was because he felt it unfairly dragged Trump's kids into the lawsuit. This criticism ignores their roles in the management of the company and their likely awareness that the books were being cooked. If his adult children are innocent, I am sure that will come out in due course. In the meantime, you don't have to rely on Bill Barr's off-hand remarks to form an opinion about the validity of the lawsuit. You can read it here for yourself:

 

https://www.nytimes.com/interactive/2022/09/21/nyregion/read-trump-suit-james.html

 

From my reading of the lawsuit, it's alleged that Trump systematically overvalued not only his real estate holdings but other assets such as cash and cash equivalents in order to inflate his net worth. This was done:

1) to secure loans and secure them at a more favorable interest rate;

2) to overstate his financial strength in order to win bids on property development projects such as the Postal Dept hotel in DC;

3) to fraudulently satisfy loan covenants regarding financial strength and,

4) to secure surety and Director's and Officer's insurance coverage on more favorable terms.

 

The examples listed in the lawsuit show that Trump played egregiously fast and loose with his financial statements. Maybe it wasn't Enron-level in terms of the dollar amounts involved, but the systematic and long-term nature of the wildly fraudulent misrepresentations that are alleged and disregard for GAAP accounting standards do appear to clearly be willful. In addition, the NY Attorney General made criminal referrals to both the NY Southern District and the IRS. These criminal referrals are related to additional potential banking and tax fraud charges, over and above the civil damages this lawsuit is attempting to recover.

 

 

Edited September 22, 2022 by Gecko123

[Phoenix Rising]

34 minutes ago, candide said:

For MAGA fans, it seems that stating that Trump's claims about rigged elections are B.S. actually means being anti-Trump.

Speaking of MAGA fans they sure have gone awfully quiet since the double whammy of the Federal appeals court (mainly consisting of trump-appointed judges) ruled DOJ can resume criminal probe of classified documents from Mar-a-Lago and the Special Master "rogered" the trump defense team..

[Bkk Brian]

1 hour ago, Phoenix Rising said:

Speaking of MAGA fans they sure have gone awfully quiet since the double whammy of the Federal appeals court (mainly consisting of trump-appointed judges) ruled DOJ can resume criminal probe of classified documents from Mar-a-Lago and the Special Master "rogered" the trump defense team..

They've resorted to the border controls threads, that's all they've got left to cling onto.

[bendejo]

13 hours ago, Gecko123 said:

I watched Trump's Youngstown speech after seeing this Lincoln Project anti-Trump ad. I was so struck by Trump's dark language

You might recall this is the way DT started out in June 2015.  "The American dream is dead" he was saying.   He'd say anything just to see how it did in the polls.  You may have noticed how quickly he dropped "I love the poorly educated!" 

But now the one taking the lead is Michael Flynn, who is going around the US pushing a combo of Christianity and US patriotism.

https://www.pbs.org/wgbh/frontline/article/michael-flynn-government-insider-holy-warrior/

 

Let's not forget DT never had a real agenda or message (other than "me me me!"), getting most of his positions from the Fox News chuckleheads.  Now Flynn is the god-and-country crusader.

 

If nothing else, the likes of the Lincoln Project and Liz Cheney has been a model for the Dems to develop some spinal fortitude.  Even some of the more  candy-_ssed personalities on MSNBC have summoned up courage, I guess having a POTUS personally call you a sc_mbag on national TV could have that effect.  As soon as the one Biden-DT debate ended in 2020 CNN cut to Dana Bash, her first words were "that was a sh_t show!"  She should be given a Pulitzer for that.  Gotta love those Jersey girls, but heart-on-the-sleeve Chris Hayes taking a similar, yet more well-spoken stance?  That is impressive.  You could say DT and his crew has turned US politics into something more like WWE wrestling, and the news media has learned how to hit him with chairs.

 

 

[candide]

6 hours ago, Gecko123 said:

Barr's main reason for criticizing the lawsuit was because he felt it unfairly dragged Trump's kids into the lawsuit

And That's stupid because the one who is responsible is Trump himself. Caring parents don't involve their children in fishy business (unless they are mafiosi).

[Bkk Brian]

More collusion/corruption in the frame:

 

Son of Supreme Court Justice Anthony Kennedy was leading a real-estate division of Deutsche Bank as it gave President Donald Trump over $1 billion in loans to finance his real-estate projects when other banks wouldn't

 

Trump's business career is more connected to Supreme Court Justice Anthony Kennedy than we ever knew

Justin Kennedy, the former global head of Deutsche Bank's real-estate capital markets division, was one of Trump's close business associates, The Times reported, citing two sources familiar with the matter.

Because of Trump's inconsistent track record in business, which included multiple bankruptcy filings and frequent lawsuits, most other major banks would not lend to him. Deutsche Bank loaned Trump the funds to construct and renovate skyscrapers and other developments in New York City and Chicago, The Times reported.

https://www.businessinsider.com/anthony-kennedy-son-loaned-president-trump-over-a-billion-dollars-2018-6?r=UK

[stevenl]

Kennedy is gone, and even if he were not, this would not come to anything.

[SunnyinBangrak]

8 hours ago, candide said:

And That's stupid because the one who is responsible is Trump himself. Caring parents don't involve their children in fishy business (unless they are mafiosi).

Bookmarked. This will age like a bag of prawns in the sun for obvious reasons????