Donald Trump had one legal response to Letitia James’ threat to ruin him

Feb 23, 2024

New York Attorney General Letitia James is one of the Democrat prosecutors waging lawfare against Donald Trump.

James can see the prize within reach.

And Donald Trump had one legal response to Letitia James’ threat to ruin him.

James told ABC News that she was prepared to seize Donald Trump’s New York properties if he couldn’t pay the $355 million fine that Democrat Judge Arthur Engoron awarded her in the civil fraud suit against the Trump Organization.

Since James couldn’t make a criminal case against Trump for inflating the value of his assets – because he did nothing wrong – she weaponized New York’s civil fraud statute in a never-before-seen lawsuit demanding $370 million in damages, even though she didn’t name a single victim in the case.

In fact, bank executives testified that Trump was a model customer who paid all of his loans on time and that they performed their assessment on the value of Trump’s properties before loaning him money.

James filed this case as revenge for Trump winning the 2016 election, as she campaigned in 2018 on a promise to use her office to investigate and harass Trump.

Due to New York laws, there is also an interest penalty tacked on to Trump’s judgment, meaning the true award will likely be $460 million.

James told ABC News that she plans to seize his property at 40 Wall Street if he can’t come up with the cash to pay the judgment.

“If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” James stated.

“We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day,” James added in the ABC interview.

James offered a weak response to the argument put forth by critics of her case that she charged a victimless crime using a statute that was previously used to go after fraudsters who committed crimes or went bankrupt.

But James undercut her own argument by claiming that submitting false financial forms to banks is a crime when neither she nor Manhattan District Attorney Alvin Bragg charged Trump with such a crime, because even they were forced to concede that he didn’t break any laws.

“Financial frauds are not victimless crimes. He engaged in this massive amount of fraud. It wasn’t just a simple mistake, a slight oversight, the variations are wildly exaggerated, and the extent of the fraud was staggering,” James continued. “If average New Yorkers went into a bank and submitted false documents, the government would throw the book at them, and the same should be true for former presidents.”

Donald Trump responded to James’ comments by simply posting the text of the Eighth Amendment’s protection against excessive fines and cruel and unusual punishment, as that will form the basis of what many believe will be a successful appeal.

“Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted,” the Eighth Amendment reads.

Latest Posts:

Donald Trump dropped the hammer on Mike Johnson for this bad move

Donald Trump dropped the hammer on Mike Johnson for this bad move

House Speaker Mike Johnson exhausted all of his good will with conservatives. Now Donald Trump is speaking out. And Donald Trump dropped the hammer on Mike Johnson for this bad move. House Speaker Mike Johnson makes some bad assumptions  Speaker Johnson (R-LA) enraged...