Donald Trump has lashed out at New York Attorney General Letitia James after the former president's lawyers said he is unable to secure a bond to appeal the $454 million penalty handed down to him & 2 of his children in the civil fraud case.
Trump hit out at James & Judge Arthur Engoron, who ordered that the former president pay a $355 million fine, which increased to $454 million with interest, after ruling that Trump had fraudulently inflated the value of his properties in financial statements, including his Mar-a-Lago resort in Florida & his triplex apartment in Manhattan's Trump Tower.
Lawyers for Trump said that the Republican was unable to secure a $464 million cash bond—which includes the payment also required by his 2 sons Donald Jr. and Eric—in order to appeal the decision after being rejected by about 30 bond companies. If Trump does not pay the penalty or cash bond by March 25, the former president is at risk of having his assets seized.
"A bond of the size set by the Democrat Club-controlled Judge, in Corrupt, Racist Letitia James' unlawful Witch Hunt, is unConstitutional, un-American, unprecedented, and practically impossible for ANY Company, including one as successful as mine.
"The statute used to attack me has never been used for such a purpose before—No Jury allowed, ridiculous $18 Million Value for Mar-a-Lago, the Judge ignored the Statute of Limitations Decision by the Appellate Court, Ironclad Disclaimer Clauses, No Damages, No Victims – A Disgraceful 'Case!' This Sham is forcing companies & people to flee New York & stopping companies from entering—If they did, they would be crazy, because they don't need the Communist China, or old Soviet Union, model of business to interfere with their Prosperity & Success.
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Source: Newsweek
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