Thursday, March 21, 2024

Trump NY Fraud Case Is 'Alice in Wonderland Justice'

 Kevin O’Leary SHREDS Letitia James During Heated Shouting Match - Analyzing America    . . ."O’Leary said the case was no longer about Trump but the reputation of New York and the US legal system.

" 'I don’t think this case is about Trump anymore. I think this case is about New York. It’s about the American brand. It’s about what we promised the world in terms of fairness and justice and investing capital in a country that’s built the largest economy on earth,” O’Leary said.

“ 'Forget about Trump. Nothing to do with Trump. You think this is good for business in New York? You think this is good for business in America?” he said.

“ 'To take a law that we use to protect people against buying refrigerators at an overpriced value decades ago and apply it against an individual and then talk about seizing assets like in Cuba. This is a very, very, very bad look for New York and everybody around the world is watching this,” he said." . . .

Dershowitz to Newsmax: Trump NY Fraud Case Is 'Alice in Wonderland Justice'   "Alan Dershowitz, a professor emeritus at Harvard Law School, voiced concerns over Donald Trump's $464 million civil fraud judgment bond, telling Newsmax on Tuesday that it could prevent Trump from appealing and lead to New York Attorney General Letitia James' seizure of his assets.

"That was the purpose to try to get bail so high that he would have to throw in the towel so that James would be able to seize all of his property and become, in addition to being an unconstitutional attorney general who uses her campaigns to try to target people to get Trump, she's now going to become a second-rate landlord trying to control 40 Wall Street and the Trump Towers," Dershowitz said on "Eric Bolling The Balance."

"Trump still retains the right to appeal, but Dershowitz expressed concerns that the high bond could effectively strip him of that option.

" 'It will be Alice in Wonderland's justice – punishment first, and the trial comes last of all," Dershowitz remarked." . . .

The Curious Fraud Case Against Trump Just Got ‘Curiouser’ – JONATHAN TURLEY   . . .“ 'Curiouser and curiouser.” Those words from Alice in Wonderland seem the only apt description of the case unfolding in the New York courtroom of Justice Arthur F. Engoron over the alleged fraudulent practices of former president Donald Trump, his family and his business.

"The charges brought by New York State Attorney General Letitia James were curious from the start. James had run for office on the pledge that she would hunt down Trump, a promise that apparently thrilled many New Yorkers. However, she brought a civil case based on Trump over- and under-estimating the values of his properties.

"As some of us have previously stated, there do appear to have been assets that were inflated or deflated in value. That may be a common practice in New York real estate, but it is not a good practice. Indeed, I believe a penalty is warranted for such practices, but those should be uniformly imposed and would be a fraction of the fortune sought by James in this case.

"The evidence shows that banks made money on these loans, which were paid off either early or on time. In fact, none of the banks complained about the Trump organization’s estimations, which were accompanied by a warning that the banks should not rely on those estimates.

"Moreover, James is seeking to kill a corporation once viewed as iconic in New York, not just by denying the certificates for the Trumps to do business in the city but by imposing $250 million in penalties for money that no one actually lost." . . .

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