NEW YORK - A combative Donald Trump appeared in a New York court on Monday to face civil fraud charges, denouncing the case as a "sham" intended to torpedo his campaign to retake the White House.
New York Attorney General Letitia James is now seeking $250 million in penalties and the removal of Trump and his sons from management of the family empire."No matter how powerful you are, no matter how much money you think you may have, no one is above the law," she said."It's a sham," he said. "My financial statements are phenomenal."
Finally, he will also have to answer to state charges in Georgia, where prosecutors say Trump illegally tried to get the southern state's 2020 election results changed in his favor.In the New York case, Engoron ruled that Trump, his two eldest sons and other Trump Organization executives lied to tax collectors, lenders and insurers for years in a scheme that exaggerated the value of their properties by $812 million to $2.2 billion between 2014 and 2021.
Trump -- who made his reputation and fortune as a real estate mogul in the 1980s -- could eventually lose control over many of his company's flagship properties, such as his 5th Avenue Trump Tower in Manhattan. Trump's luxury Mar-a-Lago resort in Florida -- the site of the classified documents drama -- and several other Trump Organization golf clubs also appear in James's complaint.
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