She’s after $250 million. Trump and his family may get a billion before their finished with Letitia James. This is a vindictive prosecution of a former President of The United States of America, not some tinhorn dictator from the former homeland of James. In their answer the Trumps and their companies can bring all sorts of charges to counter the mistaken mischief of James.
Lititia James said Trump massively overstated the values of his assets to obtain more favorable loan and insurance terms for his company, as well as to lower its tax obligations. James’ problem is the value of any asset depends on a complex set of opinions, estimates and facts, none of which she is or could be familiar with. One piece of priceless art can be worth untold billions. One architectural detail can likewise increase the value of a property by hundreds of billions. Some details are priceless. Lititia James is clearly out of her league when she attempts to engage in property valuation. Trump’s main business is property. He is an acknowledged expert beyond peer in the identification and determination of the value of property.
Trump’s lawyer Alina Habba, in a statement, said, “Today’s filing is neither focused on the facts nor the law – rather, it is solely focused on advancing the Attorney General’s political agenda.”
“It is abundantly clear that the Attorney General’s Office has exceeded its statutory authority by prying into transactions where absolutely no wrongdoing has taken place,” Habba said.
Views: 1
