Trump Trying Desperately To Save His Business

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

(TruthAndLiberty.com) – On Wednesday, ex-President Trump challenged a legal decision that determined he had engaged in fraudulent activities, leading to a mandate that his New York business licenses be revoked.

The civil lawsuit against Trump, initiated by New York’s Attorney General, Letitia James, is still in progress.

Before the commencement of the trial, the judge concluded that there was sufficient evidence to show that Trump, along with other co-defendants, had intentionally altered property valuations to secure favorable loan, insurance, and tax conditions. However, Trump has refuted these claims.

Justice Arthur Engoron of the New York Supreme Court, affiliated with the Democratic party, decreed that Trump’s business licenses in New York be nullified and the assets be overseen by a receiver. This could potentially mean Trump might lose authority over some of his notable properties.

Earlier, Trump had hinted at challenging this verdict, especially since it dismissed his bid to have the lawsuit thrown out and imposed penalties on his legal representatives.

This Wednesday, Trump, alongside the other accused, officially lodged their appeal with the Appellate Division, First Department in New York.

Last autumn, James initiated this extensive civil lawsuit, naming as defendants the former president, his grown-up children Eric Trump and Donald Trump Jr., ex-Trump Organization CFO Allen Weisselberg, past Trump Organization controller Jeffrey McConney, and related business entities.

Engoron’s recent judgment supported James’s allegations on the initial claim out of seven in her legal action. The ongoing trial is focused on the remaining six claims and will also consider James’s plea for a $250 million fine.

The proceedings began this Monday, following the rejection of Trump’s last-ditch effort to postpone the trial a few days prior.

In the courtroom, Trump’s legal team has contended that the concerned documents are factually correct and there’s no proof suggesting a deliberate intent to deceive.

Trump has been present during the initial trial days, occasionally expressing his vehement disagreement with the proceedings both outside the court and online. He has criticized the lawsuit, branding it a politically motivated pursuit, and has occasionally targeted both James and the presiding judge.

Following a post by Trump on Truth Social, where he critiqued the judge’s chief clerk, a gag order was issued on Tuesday to all involved parties.

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