Trump lawyer accuses NY AG of baseless prosecution

New York attorney-general Letitia James alleges that former US president Donald Trump lied in financial statements between 2011 and 2021.

Justice Arthur Engoron is considering arguments by Trump, his sons Donald Jr and Eric, and the Trump Organization that the case should be thrown out because there was no fraud, no one was harmed, and the claims are too old. “We’re talking about fairness and honesty in the marketplace,” he said at the hearing, which lasted nearly five hours. “The fact that nobody was hurt doesn’t mean the case gets dismissed.”

James accused Trump of lying in financial statements between 2011 and 2021 to obtain better terms on loans and insurance, defrauding banks and insurers. “The foundation of the case is to ignore everything,” Kise said. “The case comes down to prosecuting the defendants for engaging in successful business transactions.”This allegedly included valuing Mar-a-Lago at US$739 million by pretending it was unrestricted property though Trump had given up rights to develop it other than as a club, and reporting that the penthouse was nearly triple its actual size.

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