Former President Donald Trump released a statement on his flailing Truth Social platform to address Judge Arthur Engoron's ruling in a civil lawsuit brought by New York Attorney General Letitia James. The Judge found that Trump and his company, Trump Org, deceived banks, insurers, and others by massively overvaluing his assets and exaggerating his net worth on paperwork to make deals and secure financing. Anyone associated with Trump Org will find it almost impossible to do business in New York after Engoron ordered that some of Trump's business licenses be rescinded.
Trump's statement is the exact copy of something he posted at least one day ago. He's completely insane, but the media is focused right now on what kind of shoes Biden wears.
"I have been unfairly sued by the Trump Hating Democrat Attorney General of New York State, Letitia James, over the false fact that I inflated my Financial Statements in order to borrow money from Banks, etc. The Judge in the case, Arthur F. Engoron, refused to allow this case to go to the "Commercial Division," where it belongs, because he is a Trump Hater beyond even A.G. James, who campaigned against me spewing horrible inflammatory statements which are False & Defamatory," he wrote. "I am not even allowed a Jury!"
"The facts of this case are simple. 1) I AM WORTH MUCH MORE THAN THE NUMBERS SHOWN ON MY FINANCIAL STATEMENTS. 2) I DIDN'T EVEN INCLUDE MY MOST VALUABLE ASSET, MY BRAND. 3) THE BANKS WERE PAID BACK IN FULL, SOMETIMES EARLY, THERE WERE NO DEFAULTS, THE BANKS MADE MONEY, WERE REPRESENTED BY THE BEST LAW FIRMS, & WERE VERY "HAPPY," he insisted. "THERE WERE NO VICTIMS! 4) ON THE FRONT PAGE OF THE FINANCIAL STATEMENTS THERE IS A STRONG "DISCLAIMER CLAUSE" TELLING ALL NOT TO RELY ON THESE FINANCIAL STATEMENTS."
"THE DISCLAIMER CLAUSE TELLS ANYONE REVIEWING THE DATA, INCLUDING FINANCIAL INSTITUTIONS, TO DO THEIR OWN RESEARCH AND ANALYSIS - IT IS A NON RELIANCE CLAUSE, AND COULD NOT BE MORE CLEAR," he said. "ADDITIONALLY TO MY BEING WORTH FAR MORE THAN IS SHOWN IN THE "FULLY DISCLAIMED" FINANCIAL STATEMENTS, AGAIN NOT PUTTING DOWN A VALUE FOR MY BIGGEST ASSET, BRAND, THE COMPANY HAS HUNDREDS OF MILLIONS OF DOLLARS IN CASH, AND VERY LITTLE DEBT."
"It is a great company that has been slandered and maligned by this politically motivated Witch Hunt," he added. "It is very unfair, and I call for help from the highest Courts in New York State, or the Federal System, to intercede. THIS IS NOT AMERICA!"
Later, he released this:
"Today’s Ruling about a Company that has done a magnificent job for New York State fails to acknowledge the fact that Murder and all other forms of Violent Crime have reached record levels in New York State," he wrote. "Can you imagine ruling against me for having done business perfectly, and yet letting people go on a rampage on the sidewalks of New York? This is the Judicial conduct that is forcing thousands of companies to flee New York for other environs, while virtually nobody comes back to the City or State. A very sad Day for the New York State System of Justice!"
Eric Trump isn't happy, either.
Trump Org is done. It's as if the walls are crumbling around the twice impeached four times indicted, sexually abusing former President. Trump is going to be hard-pressed to find people willing to do business with him after the courts are done.
