Due process is one of the core principles of a democratic society.
However, this is not the case for liberals. In a video published by New York Attorney General Letitia James, she declared “Before this trial even began, the judge ruled in our favor and found that Donald Trump did engage in years of significant financial fraud we uncovered.”
This meant that Judge Arthur Engoron had already found Trump guilty even before scrutinizing pieces of evidence and testimonies on the lawsuit.
James also seeks $250 million in ‘damages’ when there is no victim in this fraud trial and wants Trump and his associates out of New York. She also baselessly accused Trump of overpricing his assets and lying to lenders and insurance companies.
However, in one of Deutsche Bank executive’s testimonies, they refer to Trump’s loans as “atypical, but not entirely unusual.”
Banks have been used to this type of lending especially with high-profile clients like Trump. This is basic for anyone who knows banking, lending, portfolio, and credit risk management.
As per the Bloomberg report, according to the Deutsche Bank rep, “…prospective clients can get loans even after reporting a net worth far higher than the lender’s calculations.”
The bank exec even told James that her complaints had “no merit.”
Alina Habba, Trump’s lawyer told Fox News “After hearing Deutsche Bank say that they still consider the Trump Organization a great client – that they paid their loans off early, and nobody was not paid – their statements of financial condition were undervalued. And hearing that from experts who are on the Nobel Committee Executive Committee, recommendations saying that the accounting records were perfect, and those mistakes that may or may not have been were not mistakes at all; they were called subjective valuations, which every real estate developer has. They were fine, and there was no fault at all. And frankly, they even went further and said the New York attorney general’s complaint had no merit; there was absolutely no violations of any accounting principles.”
The former president blasted James’s lawsuit as corrupt, and Biden directed. He also stated that banks and insurance companies recognize their transactions as honest and credible.
A professor from NYU Stern even complimented Trump’s financial statements and said, “If Mr. Trump were my student, he would get an ‘A’ on his financial statements. I’ve never seen a statement that provided so much detail, & is so transparent, as these statements.”
Trump also told on Truth Social, “They claimed that Mar-a-Lago was worth only $18,000,000, when it is worth 50 to 100 times that amount, to illegally reduce my values & make a fake case against me. They did this on other properties, as well, & wouldn’t give me a jury. Likewise, the A.G. thugs do not want to acknowledge that I have paid almost 300 million dollars in New York City & State taxes during the years in question. Importantly, I won at the Appellate Division, which effectively ended most of the case, but the biased judge refused to accept their order, an unheard of first!”
The GOP leader then said that Judge Engoron and Attorney James’ trial is nothing but a witch hunt and a complete and total election interference.
