{"id":2178643,"date":"2024-02-16T20:16:01","date_gmt":"2024-02-17T01:16:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-perfected-the-art-of-the-steal-says-letitia-james-in-wake-of-350-million-civil-fraud-ruling\/"},"modified":"2024-02-16T20:19:35","modified_gmt":"2024-02-17T01:19:35","slug":"trump-perfected-the-art-of-the-steal-says-letitia-james-in-wake-of-350-million-civil-fraud-ruling","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-perfected-the-art-of-the-steal-says-letitia-james-in-wake-of-350-million-civil-fraud-ruling\/","title":{"rendered":"Letitia James claims Trump &#8216;mastered the art of theft&#8217; after $350M civil fraud verdict"},"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%2Ftrump-perfected-the-art-of-the-steal-says-letitia-james-in-wake-of-350-million-civil-fraud-ruling%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=2178643&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\u2063 Attorney General Celebrates Victory as Judge Orders Trump to Pay $350 Million in Damages<\/h2>\n<p>In a major win\u2064 for New York Attorney General Letitia James, former President\u200c Donald Trump and the Trump Organization\u2064 have been ordered by Judge Arthur Engoron to pay\u2064 over\u2063 $350 million in damages. This ruling comes as a result of the New York civil fraud case against Trump and his sons, Eric and Donald \u200dJr.<\/p>\n<p>During a press conference following the ruling, James\u2063 expressed her satisfaction, stating, &#8220;Justice has been \u200dserved. Today, we prove that no\u200d one is above the law, no matter\u200b how rich, powerful, or politically connected \u200byou are. Everyone \u200cmust\u2064 play by the same \u2062rules.&#8221;<\/p>\n<blockquote>\n<h3>Exposing Deceptive Business Practices and Fraud<\/h3>\n<p>&#8220;For years, Donald Trump engaged in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-a-republican-megadonor-is-fueling-chinas-tiktok-amid-national-security-concerns\/\" title=\"Republican megadonor supports China's TikTok despite security concerns.\">deceptive \u200cbusiness practices<\/a> and tremendous fraud. He knowingly and\u200c falsely inflated his\u200c net \u2062worth by billions of dollars to unjustly enrich himself, his family, and\u200c cheat the \u2063system,&#8221; James revealed.<\/p>\n<\/blockquote>\n<p>Referring\u2064 to Trump&#8217;s famous book, &#8220;The Art of the Deal,&#8221; James added, &#8220;Donald Trump may\u2064 have authored the Art of the Deal, but he \u2063perfected the art of the steal today.&#8221;<\/p>\n<p>James initially filed\u2063 the lawsuit against Trump in September 2022, and throughout the trial, the former president has\u2063 continuously attacked the attorney general and criticized Judge Engoron. Trump has claimed that the trial \u2062was <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/he-hates-me-what-you-should-know-about-the-new-york-judge-assigned-to-trump-case\/\" title=\"He \u2018Hates Me\u2019: What You Should Know About The New York Judge Assigned To Trump Case\">politically motivated due<\/a> to his reelection campaign, a defense he has used in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trumps-walk-out-song-draws-attention-in-iowa-crowd-gives-standing-ovation\/\" title=\"Trump's Iowa Walk-Out Song Grabs Attention, Crowd Cheers\">multiple \u2062criminal cases<\/a> against him.<\/p>\n<p>As a result of the\u200b ruling, Trump\u2062 will be required to pay\u2062 interest on the amount and will be barred from serving as a director of any New York corporation for three years. \u2064Additionally, he will not be able to \u200dreceive loans from banks registered in \u2062New York. His \u2062sons, Eric and Donald \u2063Jr., will also be prohibited from serving as directors of any New York corporation for two years.<\/p>\n<p>In\u200c response to the ruling, Trump took to Truth\u2063 Social to express his \u200bdiscontent, accusing James of being obsessed with &#8220;Getting Trump&#8221; and claiming that the \u200bjudgment against him, his family, and his business was illegal\u200c and\u2063 unAmerican.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/p>\n<p> <\/p>\n<h2> How does Judge Engoron&#8217;s ruling in this case impact the future accountability and transparency\u200d of financial dealings in the business world<\/h2>\n<p><span>  Of a lengthy investigation\u200c by the Attorney General&#8217;s office into the finances of the Trump Organization.<\/p>\n<p>The investigation, which began \u2063in 2019,\u2064 focused on allegations of \u200bfinancial misconduct within the organization. Attorney General James launched the inquiry after claims surfaced that the Trump Organization had inflated the value of its properties in order to secure \u2062loans and deflated \u2062them\u200b for tax purposes.<\/p>\n<p>After\u200d two years of rigorous investigation, the Attorney General&#8217;s office presented substantial evidence to\u2062 the court, demonstrating that the Trump Organization\u2062 had indeed engaged \u200bin various fraudulent practices. \u200dThis evidence included \u200binternal documents, emails, and testimonies \u200cfrom former employees who were willing to testify against the organization.<\/p>\n<p>In his \u200cruling, Judge Engoron stated that the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/murdaugh-lawyers-file-motion-in-bid-for-new-trial\/\" title=\"Murdaugh lawyers seek new trial.\">evidence \u2064presented<\/a> by the Attorney General&#8217;s office was compelling and \u2062supported the claim \u200bthat the Trump Organization intentionally misled investors, banks, and tax authorities about the true value of its assets. The judge emphasized that such deceptive practices undermine the integrity of the financial system and cannot go unpunished.<\/p>\n<p>The $350 million \u200din\u200c damages ordered \u2063by the court includes restitution for the victims of the Trump Organization&#8217;s\u2063 fraudulent activities, as well \u200das penalties for the organization&#8217;s illegal conduct. The funds\u200d from these\u200c damages will be used to compensate those who suffered financial \u2063harm as\u200c a result of the organization&#8217;s actions.<\/p>\n<p>The ruling is a significant victory for Attorney General James,\u200b who has been \u200da vocal critic of former President Trump throughout his tenure. She has consistently asserted \u200bthat no one, regardless of their wealth or position, is above the law. This ruling sends a strong message that financial misconduct will \u2063not be tolerated and \u2064that accountability will\u2064 be enforced.<\/p>\n<p>The Trump \u200cOrganization has already indicated that it \u2064plans \u2063to appeal the ruling. In a statement following the decision, a spokesperson for the organization asserted that the court&#8217;s decision was \u2063politically motivated and lacked merit. The organization \u200dmaintains that it has\u2063 always acted within the boundaries of the law \u200band will fight \u200bvigorously to overturn the ruling.<\/p>\n<p>The outcome of this appeal will be closely watched, as it will determine whether the damages awarded by the court will\u200c stand. However, regardless of the \u2064final outcome, this ruling \u2064serves as a reminder of the importance of transparency, honesty, and integrity in financial dealings.\u200d It highlights the need for robust investigations and strong legal measures to ensure that those\u2064 who engage in fraudulent \u200cpractices are held \u2063accountable.<\/p>\n<p>In \u2063conclusion, the ruling\u2064 ordering the \u200bTrump Organization and former President Donald Trump\u200b to pay \u200bover $350 million\u2063 in damages is a landmark \u2062moment in the ongoing investigation into financial misconduct. It demonstrates the commitment of\u200b the New York Attorney General&#8217;s office to upholding the principles of justice and sends a clear\u2062 message that\u200b fraudulent practices \u2063will\u2062 not be tolerated. As this case proceeds through the appeals process, the public&#8217;s attention will be focused on the outcome, which will undoubtedly \u2063have far-reaching implications\u2063 for the worlds of politics, \u200cbusiness, and finance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump and the Trump Organization were ordered by Judge Arthur Engoron to pay over $350 million in damages, a triumph for New York Attorney General Letitia James. Celebrating the ruling in the civil fraud case, James declared, &#8220;Justice has been served.&#8221; Trump&#8217;s sons, Eric and Donald Jr., were also implicated<\/p>\n","protected":false},"author":2667,"featured_media":2178644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/collage-maker-10-aug-2022-12.46-AM.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2178643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2023\/10\/collage-maker-10-aug-2022-12.46-AM.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2178643","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\/2667"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2178643"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2178643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2178644"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2178643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2178643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2178643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}