{"id":2141398,"date":"2024-01-05T14:17:42","date_gmt":"2024-01-05T19:17:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-makes-case-to-avoid-370-million-in-fines-as-civil-fraud-trial-comes-to-a-close\/"},"modified":"2024-01-05T14:20:59","modified_gmt":"2024-01-05T19:20:59","slug":"trump-makes-case-to-avoid-370-million-in-fines-as-civil-fraud-trial-comes-to-a-close","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-makes-case-to-avoid-370-million-in-fines-as-civil-fraud-trial-comes-to-a-close\/","title":{"rendered":"Trump argues against $370 million fines in civil fraud trial conclusion"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-makes-case-to-avoid-370-million-in-fines-as-civil-fraud-trial-comes-to-a-close%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2141398&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>New York Attorney General Seeks\u200d $370 \u200dMillion \u2062in Penalties from \u200cTrump in Fraud Lawsuit<\/h2>\n<p>In a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wild-turkeys-wild-ride\/\" title=\"Wild Turkey\u2019s Wild Ride\">dramatic turn<\/a> of events, New\u200d York Attorney General Letitia\u2064 James is\u200c pushing \u2062for former President Donald Trump to pay a staggering\u200d $370 million in penalties for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-very-difficult-to-reach-covid-19-herd-immunity-before-end-of-summer\/\" title=\"Biden: \u2018Very Difficult\u2019 to Reach COVID-19 Herd Immunity Before End of Summer\">allegedly misrepresenting<\/a> his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">net worth<\/a> on official \u2063business statements. This amount is a significant increase from the initial $250\u200d million proposed when the\u2064 civil lawsuit was first filed.<\/p>\n<p>As the monthslong trial \u200cagainst the Trump Organization nears \u200bits conclusion, James\u200c argues that additional evidence \u2063of &#8220;ill-gotten \u2064gains&#8221; has emerged, revealing fraudulent statements submitted by Trump and\u2064 his family to banks and insurers. In \u200dcourt filings, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-ag-barr-authorizes-federal-prosecutors-to-pursue-substantial-allegations-of-voting-irregularities-before-2020-election-is-certified\/\" title=\"BREAKING: AG Barr Authorizes Federal Prosecutors to Pursue \"Substantial Allegations\" of Voting Irregularities Before 2020 Election is Certified\">attorney general<\/a> asserts that these\u200b actions warrant a higher \u2064penalty.<\/p>\n<p>Prior to the trial, \u200cJudge\u200b Arthur Engoron ordered \u200dthe dissolution of Trump&#8217;s\u2062 New \u200dYork business empire, effectively barring him from conducting future\u2064 business in \u2063the state. However, James\u2064 is seeking\u200c further penalties on top of Engoron&#8217;s ruling, and her recent brief outlines the comprehensive list of requested penalties.<\/p>\n<p>Among the\u200b penalties sought by James is a lifetime ban on Trump, as well as \u2064his former business associates Allen Weisselberg and Jeffrey McConney, from serving as officers or directors of any\u200d New\u200b York corporation. According to Kevin Wallace, James&#8217;s assistant, Trump and his associates\u2062 collaborated for years to inflate his net worth \u2063while concealing the fraud from others.<\/p>\n<p>Trump&#8217;s legal team, in their own filings, \u2063argues that state law does not permit the attorney general\u2064 to seek such <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/orange-county-sues-t-mobile-socal-edison-over-wildfires\/\" title=\"Orange County sues T-Mobile, SoCal Edison for wildfires.\">substantial\u2064 financial penalties<\/a>. However,\u200c this argument \u2064has previously been \u200bunsuccessful.<\/p>\n<p>The trial is set to conclude with closing arguments \u200bon January 11, and Judge Engoron will make a decision on the\u200b penalties by the end of \u2062the month.<\/p>\n<p>Throughout the \u2063trial, Trump has attempted to portray Judge Engoron as partisan, alleging that his clerk&#8217;s political donations to Democratic causes could influence the verdict. However, the request for a mistrial based \u2063on \u2063this claim was denied by\u200d Engoron in November.<\/p>\n<p>Under a gag order, Trump is \u2062prohibited from commenting on courtroom staff and has already\u200d been fined $15,000 for violating the order twice.<\/p>\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York AG Letitia James (D) now seeks $370 million in penalties from ex-President Donald Trump for misrepresenting his net worth on official statements. This amount has increased from the initial $250 million proposed in the civil lawsuit. The updated sum is part of ongoing legal proceedings<\/p>\n","protected":false},"author":1,"featured_media":2141399,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2141398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2141398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2141398"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2141398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2141399"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2141398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2141398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2141398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}