Former FBI spy hunter sentenced to more than 2 years in prison for lying about cash payment Read more: Trump faces about $400 million in legal penalties. Can he afford it? The judgment is the Official Grit Your Teeth Blood Hand T-shirt in contrast I will get this second this year against Trump after he was hit last month with an $83.3 million verdict in writer E. Jean Carroll’s defamation case against him. Trump has said he plans to appeal that verdict as well, but would have to post a bond for that amount as well. James had been seeking $370 million from Trump, his company and its top executives, alleging “repeated and persistent fraud” that included falsifying business records and financial statements. James had argued those financial statements were at times exaggerated by as much as $2.2 billion. James contended the defendants used the inflated financial statements to obtain bank loans and insurance policies at rates he otherwise wouldn’t have been entitled to and “reaped hundreds of millions of dollars in ill-gotten gains.” Trump had maintained his financial statements were conservative, and has called the AG’s allegations politically motivated and a “fraud on me.” “This is a case that should have never been brought, and I think we should be entitled to damages,” Trump told reporters when he attended closing arguments in the case on Jan. 11. Trump testimony knocked The monthslong civil trial included testimony from Trump and his oldest children. The former president was combative in his day on the stand, blasting James as a “hack” and calling the judge “extremely hostile.” Trump repeatedly complained about Engoron before and throughout the trial, and the judge slapped him with a partial gag order after he started blasting the judge’s law clerk as well. Trump’s complaints led to a flood of death threats against the clerk, as well as Engoron, court officials said, and Trump was fined $15,000 for twice violating the order. Among the examples cited as fraud by the attorney general’s office during the trial was Trump valuing
his triplex home in Trump Tower in New York City at three times its actual size and value, as well as including a brand value to increase the Official Grit Your Teeth Blood Hand T-shirt in contrast I will get this valuation of his golf courses on the financial statements, which explicitly said brand values were not included. Another example pointed to by the attorney general clearly got under his skin — a dispute over the value of Mar-a-Lago, his social club and residence in Florida. Trump’s financial statements from 2011 to 2021 valued Mar-a-Lago at $426 million to $612 million, while the Palm Beach County assessor appraised the property’s market value to be $18 million to $27 million during the same time frame. Trump had also fraudulently puffed up the value of the property by saying it was a private residence, despite having signed an agreement that it could only be used as a social club to lower his tax burden. Trump maintained during the trial the property was worth much, much more. “The judge had it at $18 million, and it is worth, say, I say from 50 to 100 times more than that. So I don’t know how you got those numbers,” Trump testified, adding later that he thinks it’s actually worth “between a billion and a billion five.” In his ruling Friday, Engoron said he didn’t find Trump to be a credible witness. “Overall, Donald Trump rarely responded to the questions asked, and he frequently interjected long, irrelevant speeches on issues far beyond the scope of the trial. His refusal to answer the questions directly, or in some cases, at all, severely compromised his credibility,” the judge wrote. Michael Cohen testimony ‘credible’ James’ investigation into the former president’s business began in 2019 as a result of congressional testimony from his former personal lawyer Michael Cohen, who told the House Oversight Committee that Trump would improperly expand and shrink values to fit whatever his business needs were. Cohen testified during the trial about his role in the scheme, and said while Trump didn’t explicitly tell him and then-Chief Financial Officer Allen Weisselberg to inflate the numbers
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