Trump does not take well the judge’s ruling that he has been committing fraud for years. The former president attacks judge and New York AG Letitia James.
Trump posted on Truth Social:
Trump thinks he’s covered because he put a disclaimer on his lies, but that’s not how fraud works. Trump’s claim that his company has hundreds of millions of dollars in cash and very little debt is also a lie. Trump was so cash-strapped during the 2016 and 2020 presidential campaigns that he claimed he did not have the money to self-finance his bid to become president.
The idea that his companies have no debt is also a lie. The company owes millions of dollars in loans to the Chinese government.
Trump is freaking out because New York Attorney General Letitia James explained the former president’s fraud pattern and a judge agreed. The idea is that Trump’s real business wasn’t real estate. It increased real estate values to defraud banks.
The judge’s ruling also concerns Trump’s brand, as the judge ruled that Donald Trump also overvalued his brand.
It was all an exaggerated lie. Trump has overinflated the value of every piece of real estate he is involved in. The most absurd case is Mar-a-Lago, which is overinflated by 2,300%.
Letitia James has shattered the myth of Donald Trumpand the failed one-term president loses out as he watches his house of cards collapse.
Jason is the editor-in-chief. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His graduate work focused on public policy, with a specialization in social reform movements.
Pricing and professional memberships
Member of the Society of Professional Journalists and the American Political Science Association