Former US President Donald Trump (77) was personally confronted in New York on Monday with a fraud trial that could destroy his business empire in the metropolis. “This is the continuation of the greatest witch hunt of all time,” he said, referring to a series of accusations against him.
The 77-year-old appeared in court in Manhattan on Monday for a civil case filed against him by Democratic New York Attorney General Letitia James. She accuses Trump, his sons and senior associates of manipulating the value of his Trump Organization for years.
The reason for this is said to have been that Trump thought he could obtain more favorable conditions for loans and insurance contracts. The proceedings now concern the exact definition of possible punishments and open accusations. Trump is not threatened with prison time, nor will this affect his bid for the presidency.
Trump: “The accusations are untenable!”
Trump used the attention before the start of the trial for a message reminiscent of a campaign appearance: “This is the continuation of the greatest witch hunt of all time,” he said, referring to a series of accusations against him. The charges are untenable, the judge is a bad guy and the black prosecutor James is a “racist.”
In a statement, James accused Trump of “falsely inflating his assets for years” to enrich himself and defraud institutions. She looks forward to the full extent of his fraud being revealed at trial.
The process can take months
The prosecutor wants to ensure that Trump has to pay 250 million dollars (about 237 million euros) and is no longer allowed to do business in New York. The process can take months.
Source: Krone
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