Former President Trump Appears in Person at Fraudulent Loan Trial, Claims ‘Witch Hunt’
By Kim Geun-cheol, Reporter
New York, October 3, 2023 – Former US President Donald Trump made a personal appearance in a civil case concerning fraudulent loans on the 2nd of October, where he vehemently claimed that the charges against him were part of a ‘witch hunt’ and fraudulent.
During the trial held at the Manhattan District Court in New York City, Former President Trump expressed his criticism towards not only the New York State prosecutor who had accused him, but also the presiding judge who had found him guilty.
In his statement to reporters, Former President Trump declared, “The biggest witch hunt continues.” He went on to condemn the case as “fake” and accused the New York State Attorney General, Letitia James, of being a racist who is conducting a witch hunt in order to run for Governor of New York.
Furthermore, Former President Trump expressed his strong dissatisfaction with Judge Arthur Engoron, asserting, “He is crazy and he is not in his right mind.”
The lawsuit against Former President Trump was initially filed by Attorney General James in September of the previous year. It alleged that Trump and his associates had artificially inflated the value of various assets, including Trump Tower and golf courses in New York, and illicitly profited around $1 billion as a result. This civil case was brought before the court.
Judge Engoron acknowledged some of the prosecution’s claims and decided to proceed with the case. Additionally, it was disclosed that certain real estate business licenses belonging to the Trump Group may be revoked and a manager could be appointed to oversee this matter.
Responding to these developments, Former President Trump defended himself, stating, “I have built a great company and own substantial real estate. Yet, a biased judge failed to properly consider all of this.”
During the trial, President Trump’s legal team argued, “The Trump Group is a highly successful brand and has genuinely increased its wealth through prudent decision-making. There was no wrongdoing and no victims,” they asserted.
On the other hand, Attorney General James reiterated her commitment to holding Former President Trump accountable for his illegal actions, speaking to reporters before the start of the trial. She emphasized, “Trump and his co-defendants have repeatedly engaged in fraudulent activities. Let me make this clear: no one, regardless of their power or wealth, can be above the law.”
Furthermore, the prosecution sought various penalties for Former President Trump, which include a minimum fine of $250 million, the sale of real estate assets, and a five-year ban on his ability to purchase commercial real estate.
In conclusion, the case against Former President Trump continues to unfold, with both sides fervently presenting their arguments in court.
Contact: kckim100@newspim.com
Global | 2023.10.03 04:25
[뉴욕=뉴스핌]Reporter Kim Geun-cheol = Former US President Donald Trump appeared in person in a civil case related to fraudulent loans on the 2nd (local time) and claimed that the case against him was a ‘witch hunt’ and fraud.
Former President Trump claimed to reporters while appearing in person at a fraudulent loan trial held in Manhattan District Court in New York City that day, saying, “The biggest witch hunt continues.”
He roundly criticized not only the New York State prosecutor who charged him, but also the judge in charge who found him guilty.
Former President Trump called the incident a “fake” and a “fake,” saying the New York State Attorney General and Attorney General Letitia James are racist and are conducting a witch hunt to run for governor of New York.
He also expressed strong dissatisfaction with Judge Arthur Engoron, who was in charge of the case, saying, “He is crazy and he is not in his right mind.”
Attorney General James previously filed a lawsuit in New York State in September of last year, saying former President Trump’s side inflated the value of a number of assets, including Trump Tower and golf courses in New York, by around $ 2.2 billion using false information and made an illegal profit of $ 1 billion through this. A civil case was filed in court.
Former President Donald Trump (center) appears with his lawyers in the United States District Court in New York, where a civil case related to fraudulent loans was held. [사진=로이터 뉴스핌] 2023.10.03 kckim100@newspim.com
Judge Engoron acknowledged some of the prosecution’s allegations and decided to proceed with the case. It was also announced that some of the Trump Group’s real estate business licenses could be revoked and a manager could be appointed for this purpose.
Regarding this, former President Trump said, “I have created a great company and I own a huge real estate,” and claimed, “Yet a poor judge did not evaluate all this properly.”
In the trial held on this day, President Trump’s lawyers said, “Trump Group is one of the most successful brands and has actually increased its wealth through sound judgment.” “There was no profit and no victims,” he claimed.
On the other hand, Attorney General James repeatedly confirmed to reporters before the start of the case his determination to bring former President Trump’s illegal actions to justice.
He said, “Trump and his co-defendants have engaged in ongoing and repeated fraud,” and emphasized, “Let me make this clear: no one can be above the law, no matter how powerful they are or how much money they have. ”
In addition, the prosecution asked the court to impose penalties on former President Trump, including a fine of at least $250 million, the sale of real estate, and a ban on the purchase of commercial real estate for the next five years.
kckim100@newspim.com
#Trump #attends #trial #Witch #hunt #Punishment #law
