Breaking News: NY Judge Fines Trump $350+ Million
The Rich Zeoli Show- Full Episode (02/16/2024):
3:05pm- Breaking News: New York Judge Arthur F. Engoron found that the former president Donald Trump inflated the value of assets controlled by the Trump Organization in past financial statements. With no jury, Judge Engoron unilaterally chose to fine Trump $354 million and barred him from conducting business in New York for three years. Notably, in 2018, while campaigning to become New York Attorney General, Letitia James vowed to “sue” Trump and routinely spoke of how she would like to see him imprisoned—providing evidence to the defense’s legal argument that this civil suit is entirely political. Trump’s legal team is expected to appeal the decision.
3:30pm- In an editorial written for National Review last November, former Assistant U.S. Attorney for the Southern District of New York Andrew C. McCarthy wrote of Donald Trump’s civil fraud case: “Banks are in the loan business to make money. They are heavily regulated and have shareholders to answer to. If a bunch of them had been collectively bilked out of $168 million, don’t you imagine there would have been a lawsuit or ten? It’s an amazing thing to watch: Donald Trump, front-runner in the Republican presidential nomination race, is on trial for supposedly inventing wealth that he didn’t have; and in order to nail him, elected Democrats [Letitia] James and Arthur Engoron are inventing losses that no one ever suffered.” You can read the full article here: https://www.nationalreview.com/2023/11/elected-dem-ag-and-judge-cook-up-a-fraud-theory-in-trumps-new-york-trial/
4:05pm- In his 92-page decision against former President Donald Trump, New York Judge Arthur F. Engoron writes: “The English poet Alexander Pope (1688-1744) first declared, ‘To err is human, to forgive is divine.’ Defendants apparently are of a different mind. After some four years of investigation and litigation, the only error (‘inadvertent,’ of course) that they acknowledge is the tripling of the size of the Trump Tower Penthouse, which cannot be gainsaid. Their complete lack of contrition and remorse borders on pathological. They are accused only of inflating asset values to make more money. The documents prove this over and over again. This is a venial sin, not a mortal sin. Defendants did not commit murder or arson. They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways. Instead, they adopt a ‘See no evil, hear no evil, speak no evil’ posture that the evidence belies.”
4:30pm- Dr. Victoria Coates— Former Deputy National Security Advisor & the Vice President of the Davis Institute for National Security and Foreign Policy at The Heritage Foundation—joins The Rich Zeoli Show to weigh-in on government, including intelligence agencies, being weaponized to target Donald Trump. Dr. Coates notes that for the left: “everything is acceptable if it means you can somehow thwart Trump.” According to Russia’s Federal Penitentiary Service, Russian opposition leader Aleksei Navalny died on Friday in an arctic penal colony. He was serving a 19-year prison sentence for “extremism.” Dr. Coates is the author of “David’s Sling: A History of Democracy in Ten Works of Art.” You can find her book here: https://www.amazon.com/Davids-Sling-History-Democracy-Works/dp/1594037213
5:05pm- Responding to New York Judge Arthur F. Engoron’s civil fraud trial decision, former President Donald Trump wrote on Truth Social: “A Crooked New York State Judge, working with a totally Corrupt Attorney General who ran on the basis of “I will get Trump,” before knowing anything about me or my company, has just fined me $355 Million based on nothing other than having built a GREAT COMPANY. ELECTION INTERFERENCE. WITCH HUNT.”
5:10pm- In an editorial written for National Review last November, former Assistant U.S. Attorney for the Southern District of New York Andrew C. McCarthy wrote of Donald Trump’s civil fraud case: “Banks are in the loan business to make money. They are heavily regulated and have shareholders to answer to. If a bunch of them had been collectively bilked out of $168 million, don’t you imagine there would have been a lawsuit or ten? It’s an amazing thing to watch: Donald Trump, front-runner in the Republican presidential nomination race, is on trial for supposedly inventing wealth that he didn’t have; and in order to nail him, elected Democrats [Letitia] James and Arthur Engoron are inventing losses that no one ever suffered.” You can read the full article here: https://www.nationalreview.com/2023/11/elected-dem-ag-and-judge-cook-up-a-fraud-theory-in-trumps-new-york-trial/
5:25pm- While appearing on Fox News with Sean Hannity, Harvard Law Professor Alan Dershowitz reacted to testimony in Thursday’s hearing to determine whether Fulton County District Attorney Fani Willis should be disqualified from the Georgia election interference case she brought against former President Donald Trump. Dershowitz explained that it is possible that Willis committed perjury. Meanwhile, during a CNN panel, lawyer Jeffrey Toobin said “so what” if Willis and lead prosecutor of the case Nathan Wade had a relationship.
5:40pm- Zack Smith—Legal Fellow and Manager of the Supreme Court and Appellate Advocacy Program in the Edwin Meese III Center for Legal and Judicial Studies at The Heritage Foundation—joins The Rich Zeoli Show to discuss New York Judge Arthur F. Engoron’s decision to fine former President Donald Trump $354 million and barring him from conducting business in New York for three years for inflating the value of assets controlled by the Trump Organization in past financial statements.
6:05pm- New York Judge Arthur F. Engoron found that the former president Donald Trump inflated the value of assets controlled by the Trump Organization in past financial statements. With no jury, Judge Engoron unilaterally chose to fine Trump $354 million and barred him from conducting business in New York for three years. Notably, in 2018, while campaigning to become New York Attorney General, Letitia James vowed to “sue” Trump and routinely spoke of how she would like to see him imprisoned—providing evidence to the defense’s legal argument that this civil suit is entirely political. Trump’s legal team is expected to appeal the decision. Speaking from Palm Beach, Florida, Trump told the press that “the judge is just a corrupt person.”
6:30pm- Thomas Grove and Matthew Luxmoore of The Wall Street Journal write: “Alexei Navalny, a fierce anticorruption campaigner who galvanized Russia’s political opposition, died in prison, according to Russian authorities, bringing to an end a life dedicated to fighting the country’s descent into authoritarianism under President Vladimir Putin. The cause of his death was still being established, prison authorities said. He collapsed after a walk at his prison colony on Friday after which, they said, he lost consciousness and couldn’t be revived. Navalny, who was 47 and had been in jail since 2021, was serving three prison sentences amounting to more than 30 years on charges he and his supporters said were fabricated. He was detained after returning from Germany, where he was recovering from what German doctors said was poisoning with a Soviet-era nerve agent, Novichok. Navalny blamed his poisoning on the Kremlin, which denied involvement in any attempt to harm him.” You can read the full article here: https://www.wsj.com/world/russia/alexei-navalny-dead-prison-putin-critic-d58db496?mod=hp_lead_pos1
6:40pm- The Wall Street Journal Editorial Board writes: “President Biden is trying to strike a contrast with Donald Trump by promising to stick by America’s European allies. Perhaps he hasn’t heard Vladimir Putin’s media organs crowing that his Administration has double-crossed Europe by halting permits for new liquefied natural gas (LNG) export projects. ‘Now it is not Russia, but the United States that wants to bring the Germans to their knees,’ gloated the Russian newspaper Pravda after the Energy Department imposed a moratorium on permits for new LNG export projects last month. Pravda argued that Germany will eventually have to return to buying Russian gas because it will have no other choice, and it may be right.” You can read the full editorial here: https://www.wsj.com/articles/biden-lng-exports-ban-russian-media-vladimir-putin-9d31e3a0?mod=opinion_lead_pos4
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