New York Attorney General Letitia James continues to openly mock President Trump over the interest he has to pay on the fine handed out over his New York City civil fraud case.
In one post, Letitia James says, “+$114,553.04.” about the interest President Trump owes.
See the post here:
You don't realize it yet, but when this judgement is thrown out(which it will be) these taunts will be used by Trump when he goes after NY for damages.
Liberals just don't understand cause and effect.
— Russell Hicks (@RussellHicksJr) February 26, 2024
Letitia James and the rest of the Democrats who are pushing this lawfare against President Trump are going to have to swallow their hubris after this ruling is overturned.
The folks at Fox News share more:
New York Attorney General Letitia James appeared to taunt former President Trump about the interest he may own in a civil fraud judgment.
Trump’s legal team on Monday appealed a Feb. 16 ruling from New York Judge Arthur Engoron’s finding him liable for more than $350 million in damages in the civil fraud case brought against him by James. Engoron ordered Trump to pay just over $354 million, with post-judgment interest accruing at nearly $112,000 per day.
“In a massive victory, we won our case against Donald Trump for engaging in years of incredible financial fraud to enrich himself. Trump, Donald Trump, Jr., Eric Trump, and his former executives must pay over $450 million in disgorgement and interest,” James wrote on X, celebrating on the same day of the judgment.
On Feb. 23, James, who has denied having a “personal vendetta” against Trump despite remarks suggesting otherwise, posted flatly, “$464,576,230.62.”
“+$114,553.04,” she added in another post the next day, referring to the potential added interest Trump may be on the hook for.
Read what Vivek Ramaswamy has to say:
Every American should watch this video of Letitia James, in her own words.
This is third-world stuff.
Our country is done if these are the kinds of people in charge of making prosecutorial decisions.pic.twitter.com/bfPSlsRGVg
— Vivek Ramaswamy (@VivekGRamaswamy) February 22, 2024
Watch this prediction of what is to come:
This is what people like Letitia James are turning NYC into. pic.twitter.com/Ro86jkSa4Q
— Bill Mitchell (@mitchellvii) February 21, 2024
The Independent shares more:
Post-judgment interest is accruing at a rate of 9 per cent on the $464m judgment against five individuals and the Trump Organization after a judge determined that the former president fraudulently inflated his net worth and assets over a decade to maintain favourable financing terms on some of his brand-building properties.
The total owed back to the state among all the defendants – money that is effectively forfeited as “ill-gotten gains” – amounts to roughly $364m, plus at least $100m in interest.
The interest on Mr Trump’s portion of a final judgment comes to more than $112,000 each day.
On Monday, his legal team filed notice of an appeal, but did not appear to bost bond, which he would need to do to stop collections on the judgment.
Ms James has said she is is prepared to seize his assets, if necessary.
Letitia James is a stain on New York City.
If she does seize President Trump’s properties, there will be huge ramifications for the whole city.
Businesses are going to continue fleeing New York for states like Florida.
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