James Reveals the Truth About Trump’s Fraudulent Business Practices as She Collects $464 M from Him

by Jessica
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Letitia James

The New York Attorney General Letitia James is not giving Donald Trump a break after he lost a civil fraud case in New York earlier this month.

According to a report by Newsweek on Monday, February 26, 2024, James has been updating the public on X (formerly Twitter) about the interest that is accumulating on the $355 million in damages that Trump was ordered to pay by Judge Arthur Engoron.

The judge ruled that Trump and his Trump Organization were guilty of engaging in fraudulent business practices for decades, inflating the value of their assets to deceive lenders and investors.

The total penalty, including pre-judgment interest, was $464,576,230.62 as of February 23, 2024.

But James is not content with just collecting the money.

She wants to make sure Trump and the public are aware of how much more he will have to pay if he does not settle the debt soon.

On February 24, she tweeted “+$114,553.04”, indicating the interest added in one day.

On February 25, she tweeted “+$114,553.04 = $464,805,336.70”, showing the new total.

And on February 26, she tweeted “+$114,553.04 = $464,919,889.74”, adding another day’s interest.

James’ tweets have drawn mixed reactions from X users.

Some applauded her for holding Trump accountable and exposing his financial troubles.

Others condemned her for being “classless” and “vindictive” and accused her of pursuing a political vendetta against the former president.

Trump, who is widely expected to run for president again in 2024, has denied any wrongdoing and filed an appeal against the verdict.

He also sued James in federal court, alleging that she was conducting a “war of intimidation” against him and his family.

But he withdrew the lawsuit last week after a judge dismissed his claims as “frivolous” and “retaliatory”.

James, who ran on an anti-Trump platform in 2018, has made no secret of her disdain for Trump and his policies.

She has also launched several other investigations into his business dealings, tax returns, and charitable foundation.

She has vowed to continue her efforts to “protect the rule of law” and “ensure that no one is above the law”.

In a statement after the civil fraud trial, she said: “This is a tremendous victory for this state, this nation, and for everyone who believes that we all must play by the same rules – even former presidents.”

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