Trump Responds To Decision By New York Judge
A New York judge ruled against Donald Trump and his company.
If the case is not successfully appealed the ruling would strip Trump of the ability to make important decisions over some of his key properties in the state.
A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president’s companies removed from his control and dissolved.
Judge Arthur Engoron, ruling in a civil lawsuit brought by New York Attorney General Letitia James, found that Trump and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans.
Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee Trump Organization operations.
If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.
Donald Trump responded in posts on Truth Social.
Today’s Ruling about a Company that has done a magnificent job for New York State fails to acknowledge the fact that Murder and all other forms of Violent Crime have reached record levels in New York State. Can you imagine ruling against me for having done business perfectly, and yet letting people go on a rampage on the sidewalks of New York? This is the Judicial conduct that is forcing thousands of companies to flee New York for other environs, while virtually nobody comes back to the City or State. A very sad Day for the New York State System of Justice!
Eric Trump also blasted the decision.
Today, I lost all faith in the New York legal system. Never before have I seen such hatred toward one person by a judge – a coordinated effort with the Attorney General to destroy a man’s life, company and their worth. We have run an exceptional company – never missing a loan payment, making banks hundreds of millions of dollars, developing some of the most iconic assets in the world. Yet today, the persecution of our family continues…
In an attempt to destroy my father, a Judge in New York just ruled that Mar-a-Lago, in Palm Beach Florida (seen below) is worth approximate “$18 Million dollars” (Mar-a-Lago is speculated to be worth over a billion making it arguably the most valuable residential property in the country). It is all so coordinated and corrupt.