The prosecutor alludes to Trump's "lies after lies" in his businesses to accuse him of fraud

Rate this post

The expression on his face was already a statement of his state, of the anger that ran inside him. When Donald Trump entered the New York courtroom and took his seat on the bench, passing New York Attorney General Letitia James in the front row, he avoided looking at her. Not a glance.

In a departure from the usual bows, prosecutor Kevin Wallace of James' office laid out the civil case for defrauding banks by inflating valuations of his assets to get better loans from banks. At no time did he allude to the position of president of the United States that he held. He only repeated his name and always to link it to the cheating that he allegedly made in the balance sheets of his organization to profit from it.

Read also

Francesc Peiron

In presenting the case, Wallace urged Judge Arthur Engoron to ban Trump from doing business in New York state. He argued that his fraudulent reporting of the group's financial status had convinced banks to take risks to the tune of hundreds of millions of dollars.

“While it may be one thing to exaggerate for Forbes magazine, you cannot do so while doing business in the state of New York,” the prosecutor said. He claimed that the entire business procedure was full of “lies after lies.” His company used a scheme of “persistent illegal acts” that were decided by Trump himself. The civil case that follows also includes his children Donald Jr. and Eric and a couple of employees.

Wallace stressed that they inflated their financial reports by a figure ranging between $812 million and $2.2 billion, knowing that they were false statements that only sought to obtain benefits.


Donald Trump addresses the media before the trial


In his argument, the prosecutor showed several videos of the judicial statements in the summary in which all of them, Trump and his children, deny any responsibility for the operation of their business. In any case, they say, the fault lay with the chief financier, Allen Weisselberg, whom he accused of lying.

Since it was a civil case, Trump was not required to be present, but he wanted to attend so he could attack everyone who tries to hold him accountable. Before entering the room, before journalists, Trump said that everything boiled down to an attempt to damage his electoral campaign for the 2024 presidential elections.

Trump had no obligation to be present

“This has to do with electoral interference, clearly and simply,” he said. “They want to hurt me so that the campaign doesn't go so well,” she insisted. During one of the breaks, she attacked the attorney general for going after him. He also had to receive Judge Arthur Engoron, whom he described as an “operative” of the Democrats. “We are going to be here for months when the judge has already made a decision. This is ridiculous,” he reiterated. “The banks were happy because I returned all the money, there is no fraud,” he proclaimed.

The defense lawyers expressed themselves along these lines. “President Trump made millions of dollars building one of the most successful real estate empires in the world. “He has literally made a fortune by being right in his business,” said lawyer Chris Kise. The key to his theory is that valuations are not a certain science, they are always subjective, even if they deviate by several hundred million. “There was no victim,” he stressed.

Read also

Author Profile

Nathan Rivera
Allow me to introduce myself. I am Nathan Rivera, a dedicated journalist who has had the privilege of writing for the online newspaper Today90. My journey in the world of journalism has been a testament to the power of dedication, integrity, and passion.

My story began with a relentless thirst for knowledge and an innate curiosity about the events shaping our world. I graduated with honors in Investigative Journalism from a renowned university, laying the foundation for what would become a fulfilling career in the field.

What sets me apart is my unwavering commitment to uncovering the truth. I refuse to settle for superficial answers or preconceived narratives. Instead, I constantly challenge the status quo, delving deep into complex issues to reveal the reality beneath the surface. My dedication to investigative journalism has uncovered numerous scandals and shed light on issues others might prefer to ignore.

I am also a staunch advocate for press freedom. I have tirelessly fought to protect the rights of journalists and have faced significant challenges in my quest to inform the public truthfully and without constraints. My courage in defending these principles serves as an example to all who believe in the power of journalism to change the world.

Throughout my career, I have been honored with numerous awards and recognitions for my outstanding work in journalism. My investigations have changed policies, exposed corruption, and given a voice to those who had none. My commitment to truth and justice makes me a beacon of hope in a world where misinformation often prevails.

At Today90, I continue to be a driving force behind journalistic excellence. My tireless dedication to fair and accurate reporting is an invaluable asset to the editorial team. My biography is a living testament to the importance of journalism in our society and a reminder that a dedicated journalist can make a difference in the world.