Trump, the Civil Fraud Case, Standing, and Juries
Now we find out if all of the justices in New York are criminals seeking to side with the Democrats, or if the rule of law still has some sort of meaning in the State
By Douglas V. Gibbs —— Bio and Archives--March 1, 2024
American Politics, News | Comments | Back To Full Article
The judgment was for $355 million in penalties against Donald J. Trump for alleged fraud (disgorgement/ill-gotten gains) that, after all of the dust settles is actually around the tune of more than $464 million. The lawsuit was brought by New York Attorney General Letitia James on behalf of the State of New York. New York Supreme Court Justice Arthur Engoron presided over the case, not allowing a jury, and ruling that all defendants were guilty and liable on all seven claims. The argument was that Trump claimed the financial condition of the Trump Empire was better than it was; a summarization that calculated the net worth of President Trump was routinely inflated which was then used to allegedly defraud banks and insurers causing them to take undue risks.
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