Mary Trump, the niece of former President Donald Trump, has speculated that the potential forced sale of Mar-a-Lago could bring Trump to the "brink of ruin" amid his New York civil fraud case. New York Attorney General Letitia James has increased the damages sought from Trump and his organization to $370 million plus interest and is seeking a lifetime ban on Trump operating in New York's real estate market, with a five-year ban for his sons. Trump has denied wrongdoing and criticized James, while his legal team has dismissed the claims of fraud. The outcome of the case, which is being decided by Judge Arthur Engoron without a jury, is expected by the end of January.
New York Attorney General Letitia James has increased the potential fraud penalty against former President Donald Trump from $250 million to $370 million following a civil fraud trial. Trump has responded with a vehement denial on Truth Social, insisting on his innocence and criticizing the lack of a jury trial, although his legal team never requested one. The decision, which includes a proposal to ban Trump from running any company in New York, is pending with Judge Arthur F. Engoron, who is expected to rule by the end of January. Trump's team contends that the Attorney General has not proven her case.
New York Attorney General Letitia James is seeking a $370 million fine and a lifetime ban from the real estate industry against Donald Trump and a ban for two of his executives, following a summary judgment finding them liable for persistent fraud. The case involves inflated financial statements, with the defense denying intent to defraud and questioning the impact of the alleged fraud. Trump has labeled the lawsuit a "witch hunt" and plans to appeal. The trial's closing arguments are set for January 11, with a decision expected shortly after.
