DEVASTATING

Trump Rages After NY AG Bumps Up Potential Fraud Penalty to $370 Million

Letitia James originally estimated a $250 million penalty in 2022. She just significantly upped that figure.

New York Attorney General Letitia James on Friday told the judge overseeing the massive civil fraud trial against former President Donald Trump and his family that she would seek a $370 million penalty—far greater than the quarter-billion figure she estimated in 2022.

Trump, in a lengthy all-caps Truth Social rant, seethed at the decision.

“I DID NOTHING WRONG, MY FINANCIAL STATEMENTS ARE GREAT, & VERY CONSERVATIVE, THE EXACT OPPOSITE OF WHAT THE HIGHLY POLITICAL & TOTALLY CORRUPT NEW YORK STATE ATTORNEY GENERAL SAYS,” he wrote.

He again fumed that he did not receive a jury trial—despite his lawyers never asking for one.

Judge Arthur F. Engoron will decide the final fate of Trump’s businesses following the conclusion of the Manhattan civil trial last month.

In addition to the heavier penalty, James doubled down on her desire to ban Trump from running any company in the state.

TURNOVER ON DOWNS

New York AG Ridicules Trump’s Failed Courtroom Hail Marys

Jose Pagliery

Michael Cohen, Trump’s former fixer, estimated last year that Trump “does not have that liquid cash available in order to pay that off.”

Trump’s team in a Friday filing argued that “The Attorney General has woefully failed to prove her case and is not entitled to any of the relief sought in this action.”

Engoron has signaled he will rule on the case by the end of January.

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Mark AlfredBreaking News Intern

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