{"id":2146220,"date":"2024-01-11T06:10:01","date_gmt":"2024-01-11T11:10:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/attorneys-in-trumps-370-million-civil-fraud-trial-to-deliver-closing-arguments\/"},"modified":"2024-01-11T06:14:07","modified_gmt":"2024-01-11T11:14:07","slug":"attorneys-in-trumps-370-million-civil-fraud-trial-to-deliver-closing-arguments","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/attorneys-in-trumps-370-million-civil-fraud-trial-to-deliver-closing-arguments\/","title":{"rendered":"Closing arguments in Trump&#8217;s $370 million civil fraud trial to be presented by attorneys"},"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\">28<\/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%2Fattorneys-in-trumps-370-million-civil-fraud-trial-to-deliver-closing-arguments%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=2146220&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>Attorneys for Trump and NY Attorney General to Make Final Pitches in Wealth Overstatement Trial<\/h2>\n<p>Get\u200c ready for the grand finale of a 2 1\/2-month trial that has captivated the nation! Former President Donald Trump and New York Attorney General \u200cLetitia James will go head-to-head on Thursday, delivering\u2064 their closing arguments\u2062 in a high-stakes trial that examines \u200callegations of Trump exaggerating his\u2064 wealth by \u200cbillions of dollars.<\/p>\n<p>The trial, which kicked off in\u2064 October and concluded in mid-December, has been nothing short \u2064of a spectacle. Dozens \u200bof\u200b witnesses took the stand, shedding light on the case and adding fuel to the fire.<\/p>\n<p>James, who\u2062 has been relentless in her pursuit of justice, \u2064recently upped the\u200c ante by raising her\u200d damages \u2062request to a\u200c staggering \u2062$370 million plus interest. In a scathing proposal, she accused Trump and\u200d his associates of engaging in\u2064 deceptive schemes to inflate asset values and secure financial benefits.<\/p>\n<blockquote>\n<h3>\u201cThe conclusion that defendants intended to defraud when preparing and \u200dcertifying\u200d Trump\u2019s \u200dSFCs [statements of financial condition] is inescapable;\u200b the\u2063 myriad deceptive \u200dschemes they employed to inflate asset values and conceal facts were so outrageous that they \u2062belie innocent \u200bexplanation,\u201d<\/h3>\n<p>James wrote.<\/p>\n<\/blockquote>\n<p>One of the key allegations against\u2064 the\u2063 defendants is their alleged exaggeration of the value of Trump&#8217;s prized assets,\u200d including the\u2064 iconic Trump Tower in Manhattan, in order\u200b to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-attorney-general-sues-trump-adult-children-for-fraud\/\" title=\"New York Attorney General Sues Trump, Adult Children for Fraud\">obtain favorable loans<\/a> and \u200cother financial perks.<\/p>\n<p>Judge Arthur Engoron, \u200cpresiding over the case, has\u2064 already ruled in favor of James in a pre-trial opinion, finding Trump, his sons, and Trump Organization executives liable for &#8220;persistent and repeated&#8221; business fraud. \u2063Engoron even recommended \u200dstripping Trump\u2063 of his \u2064business licenses in New York.<\/p>\n<p>However, Trump is not going down without\u2063 a fight. He is \u2064currently appealing the decision, putting a temporary halt to the enforcement of Engoron&#8217;s ruling.<\/p>\n<p>In a statement, Trump expressed his \u200doutrage, calling the trial &#8220;one of the Great Miscarriages of \u200cJustice in the History \u2062of our Country!&#8221; He \u2064has also labeled\u200d this and other legal battles as forms of election \u2063interference.<\/p>\n<p>The trial aimed to address \u2063the specific claims \u2062made by James and determine the appropriate penalties. Alongside seeking damages, James \u2063has requested lifetime bans on Trump, \u200bWeisselberg,\u200b and McConney from participating in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-beatdown-of-american-dream-homes-unaffordable-in-99-of-nation-for-average-american-study-shows\/\" title=\"Biden's Blow to American Dream: Homes Unaffordable for Most Americans, Study Finds\">real \u2063estate industry<\/a> in New\u2064 York or running any business there. She has also asked for five-year real estate bans on \u200cTrump&#8217;s two sons.<\/p>\n<p>Now, all eyes are on Engoron as he\u200c prepares to\u200b make his decision in\u2064 the coming weeks. \u200dThe trial \u200bhas been filled with\u2064 blockbuster moments, including Trump himself taking the stand as a combative witness, launching criticisms at\u200c James and Engoron while under oath.<\/p>\n<p>Engoron even had to impose a gag order on Trump, restricting him from speaking about the court staff\u200d after he\u200d publicly attacked Engoron&#8217;s principal law clerk.<\/p>\n<p>Initially, Trump had hoped \u200dto deliver his own closing statement, but Engoron swiftly shut down the\u200c idea after\u200c a heated exchange with \u2063Trump&#8217;s attorneys.<\/p>\n<blockquote>\n<h3>\u201cIs anyone surprised anymore?\u201d<\/h3>\n<p>Trump attorney Alina Habba\u200d remarked on the decision.<\/p>\n<\/blockquote>\n<p>As the\u2063 trial reaches its climax, the nation eagerly\u2064 awaits the outcome. Will justice be served, or will Trump emerge victorious once again? Stay tuned!<\/p>\n<p> <\/p>\n<h2> \u2063 How has Letitia James and her team of prosecutors presented\u2064 inconsistencies in Trump&#8217;s financial\u200c statements and\u200c highlighted questionable financial\u200d transactions<\/h2>\n<p><span> <\/p>\n<p>The trial \u2064has been marked by intense scrutiny and attention\u2064 from\u200d the \u200dmedia \u2064and the public. The courtroom has seen a parade of witnesses, including former Trump Organization \u2063employees, accountants, and financial experts, all offering their testimony on Trump&#8217;s alleged wealth overstatement.<\/p>\n<p>The defense team, led \u2062by \u2062attorney\u200c Alan Futerfas, has vigorously \u200ccontested the allegations, arguing that Trump&#8217;s statements about his wealth were\u200c based on subjective evaluations and not intended to \u2062deceive. They \u200dhave presented\u200d evidence suggesting that the value of Trump&#8217;s assets was\u200c inflated \u200bdue to factors such \u2063as\u200c brand recognition and market conditions.<\/p>\n<p>On the other hand, Letitia James and her team of prosecutors have presented a compelling case, highlighting inconsistencies in Trump&#8217;s financial statements \u2063and drawing attention to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/weiss-charges-hunter-biden-with-three-tax-felonies-but-ignores-foreign-influence-peddling-to-protect-joe\/\" title=\"Weiss accuses Hunter Biden of three tax felonies, but overlooks Joe's involvement in foreign influence-peddling\">questionable financial\u2063 transactions<\/a>.\u2064 They have \u200caccused Trump of intentionally manipulating asset values to secure favorable \u2064financial deals and burnish his\u2064 public image.<\/p>\n<p>The\u200b outcome of \u2063this trial\u200b has\u2062 significant implications for both Trump and\u2063 James. For Trump, a favorable verdict would vindicate his reputation and potentially strengthen his political future. A conviction, on the other hand, could further\u2063 tarnish his image and expose him to \u200dlegal consequences.<\/p>\n<p>For James, \u200ca\u200d victory would solidify\u2063 her position as a \u2064formidable \u200dforce in the legal \u2063realm and send a strong message that no one, regardless of their wealth or status, is \u2062above \u200cthe law. However, a defeat would\u2062 raise questions about the strength\u200c of her case and could undermine her \u2063credibility.<\/p>\n<p>As the trial comes to a close, both sides \u2064will have one last\u200d opportunity to \u2064make their case to the jury. The closing arguments will serve as the grand finale of\u200c this \u2062lengthy legal\u200d battle. Attorneys\u200c for Trump and James will have the chance \u2064to summarize\u2064 the evidence, highlight the\u200b key points of their respective arguments, and convince the jury of their client&#8217;s innocence or guilt.<\/p>\n<p>The jury&#8217;s decision, \u2062which \u2062is expected in the coming days, will \u200bundoubtedly be a defining moment in this \u200chighly publicized trial. It will not only determine Trump&#8217;s \u2064legal \u2063fate but also shape the perception of his\u2063 business practices and financial integrity.<\/p>\n<p>Regardless of the outcome, this trial has shed light on\u200b the questionable practices \u2062and complexities of the world of high-stakes\u2062 finance. It has underscored the importance of transparency and\u2062 accuracy in reporting financial information\u2062 and \u2062has\u200b raised important\u2064 questions about the responsibility of public figures when \u2062disclosing their wealth.<\/p>\n<p>As the \u2062final pitches are made, \u200call eyes will be on the courtroom, awaiting the jury&#8217;s verdict. The culmination of this trial will\u2063 provide closure to\u2064 a months-long legal drama that has gripped\u200d the nation \u2062and could have \u200cfar-reaching\u2064 implications for the future of both Donald Trump and Letitia James.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Attorneys for ex-President Trump and NY Attorney General James will present final arguments Thursday in a trial investigating claims of Trump inflating his wealth by billions. The 2 1\/2-month trial, starting in October and ending in mid-December, will conclude with these closing statements<\/p>\n","protected":false},"author":49,"featured_media":2315279,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2146220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2146220","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\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2146220"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2146220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2146220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2146220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2146220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}