Judge Arthur Engoron on Friday released his verdict in Letitia James’ New York City fraud trial against President Trump.
The judge made his decision in a 92-page filing.
Judge Engoron ordered Trump to pay more than a $355 million fine and barred Trump “from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years.”
Engoron claimed Trump and each of the defendants “participated in aiding and abetting the conspiracy to commit insurance fraud by their individual acts in falsifying business records and valuations, causing materially fraudulent SFCs to be intentionally submitted to insurance companies.”
“As detailed in the Findings of Fact, there is overwhelming evidence that each of these defendants made or participated in making a false statement in the business records of an enterprise, the Trump Organization, with the intent to defraud,” Engoron wrote in the filing reviewed by The Gateway Pundit.
Donald Trump Jr. and Eric Trump were also ordered to pay millions of dollars in fines.
Eric Trump and Don Jr. were ordered to pay $4,013,024 each.
Trump responded to Engoron’s verdict in a series of Truth Social posts.
“A Crooked New York State Judge, working with a totally Corrupt Attorney General who ran on the basis of “I will get Trump,” before knowing anything about me or my company, has just fined me $355 Million based on nothing other than having built a GREAT COMPANY. ELECTION INTERFERENCE. WITCH HUNT (more to follow!).” Trump said on Truth Social on Friday afternoon.
“The Justice System in New York State, and America as a whole, is under assault by partisan, deluded, biased Judges and Prosecutors. Racist, Corrupt A.G. Tish James has been obsessed with “Getting Trump” for years, and used Crooked New York State Judge Engoron to get an illegal, unAmerican judgment against me, my family, and my tremendous business. I helped New York City during its worst of times, and now, while it is overrun with Violent Biden Migrant Crime, the Radicals are doing all they can to kick me out….” Trump said.
Trump accused Engoron of conspiring with NY AG Letitia James.
“This Election Interference and tyrannical Abuse of Power by a Crooked Judge and Crooked Attorney General cannot be tolerated. My case was already won in the Appellate Division, and more than 80% of the frivolous claims were wiped out. Yet, as I suspected, and in order to hurt me and the Republican Party politically, Crooked and Corrupt Judge Arthur Engoron ignored his loss at the Appellate Division, and came up with an outrageous $355 Million Dollar fine against me. Using a statute that has never been applied like this before, the Corrupt Judge conspired with the Crooked Attorney General, Letitia James, and punished a liquid and beautiful Corporate Empire that started in New York, and has been successful all around the world…..” Trump said.
“There were no victims, and not one person testified there was any fraud. The actual witnesses established my Net Worth exceeded that reported in my Financial Statements as those Statements never included my most valuable Asset – the TRUMP Brand. The Highly Respected Expert Witness said my Financial Statements were among the best he has ever seen. I paid over $300 Million Dollars in taxes to New York City and State, and they want me gone. They are Crazed Lunatics who are destroying everything in their way. It all starts with Biden’s attacks on his Political Opponent!” Trump said.
Trump said he is going to appeal Judge Engoron’s verdict.
“The actual bankers who were involved in the loan transactions testified I was a highly sought-after “whale” of a client with “one of the strongest personal balance sheets” they had ever seen, and I was overqualified for the loans. Those banks earned more than $100 Million Dollars in profits doing business with me and my companies. But to justify his crazed attack on me and my family, this biased, Trump Hating Judge, ignored all this, and even said Michael Cohen told the truth, although Cohen admitted to lying hundreds of times, and lied right in front of the Judge during the trial. This shocking and corrupt Interference in the Free Markets for political gain places every New York business transaction at risk. We must make sure Corrupt Politicians and Judges cannot continue to abuse the power of their office, and violate the public trust. We have already won, and will continue the fight on appeal!” Trump said.