Connect with us

Politics and Current

Letitia James returns to court to prove that Trump’s bail in his fraud case is invalid, clearing the way for seizure of his assets

Published

on

New York AG Letitia James Heads Back to Court to Prove Trump

A court hearing scheduled for April 22 will determine whether Donald Trump has met the conditions required to stay on bail, reduced from the $464 million he was required to pay to New York State to appeal a civil fraud verdict against him earlier this 12 months .

A dissent to the deal filed earlier this month by New York Attorney General Letitia James raised serious concerns about whether Trump had met the terms of the reduced $175 million bond that Trump received in late March after the former president successfully appealed the requirement paid a deposit in the amount of the full judgment amount plus interest. James was prepared to begin seizing Trump’s assets if he couldn’t pay the full amount in money.

Trump’s lawyers responded this week to James’ April 4 motion, arguing that her office’s review of the bond posted last month was unnecessary and lacking detail, adding that she should bear the costs of the escalating legal battle.

Advertisement
Letitia James returns to court to prove that Trump's bail in his fraud case is invalid, clearing the way for seizure of his assets
New York Attorney General Letitia James (Photo: Michael M. Santiago/Getty Images)

“The NYAG exception is unnecessary and should be offset by costs. “Her scant notice reveals no shortcomings other than her failure to include a certificate of qualification,” reads the motion filed by Trump’s lawyers. “Although the certificate would be conclusive justifying evidence, it is not the only justifying evidence.”

Earlier, Trump had asked for a delay in paying the massive high-quality while difficult the unprecedented ruling, although defendants in New York typically must post bail higher than the sentence to be eligible for an appeal.

A Feb. 16 ruling by Judge Arthur Engoron found Trump responsible for inflating the value of his New York properties, including hotels and golf clubs, while defrauding banks and insurers for many years.

In late March, a New York appeals court stopped short of putting the former president into debt collection if he could collect $175 million inside 10 days, but James’ motion filed in early April questioned whether the conditions had been met.

Initial problems with the first bond order led to an amended version that would have allowed Trump to pay 62 percent lower than the original judgment.

Advertisement

A small number of billionaire donors have stepped up greater than a month after the verdict to help Trump raise his recent bonds, which Trump admits he cannot afford to pay in money after bragging for years that he is one of the world’s richest billionaires .

Ultimately, Knight Specialty Insurance Company and its owner Don Hankey committed to providing $175 million and helping Trump prevent the attorney general from seizing Trump’s assets for a mass verdict.

In her April 4 arguments, James claimed that Trump’s lower bond amount was issued “without a certificate of qualification under § 1111 of the Insurance Act” and that Trump’s legal team had to file additional documents inside 10 days to “justify the bond.”

However, Trump’s lawyers dismissed James’ concerns about the “sufficiency of the surety bond.”

Advertisement

Trump’s lawyers and KSIC’s lawyers filed papers on April 15 in response to James, arguing that the attorney general’s objection to their bond needs to be dismissed and her office should cover costs incurred in responding to her objection.

Lawyers acknowledged that a “certificate of eligibility” would eliminate the need to explain the bond. However, they argued in the note that Engoron could approve the bond even without the certificate. They said there was “overwhelming” evidence in the documents showing that the $175 million bond was secured by $175 million in money in a Schwab brokerage account controlled by KSIC.

The latest court filing underscored Trump’s dire financial situation, as disclosures made during the February campaign revealed that about $50 million from Republican Party donors was used to pay Trump’s outstanding legal bills amid a flurry of criminal and civil charges.

Engoron’s ruling also coincided with a separate ruling in a defamation suit brought by writer E. Jean Carroll, in which Trump was ordered to pay $83 million.

Advertisement

In the lawsuit filed by AG James, Trump was ordered to pay $355 million, which just about immediately increased to $454 million with interest, a rise of greater than $85,000 for every day that Trump failed to pay the full amount of the high-quality.

James filed a civil lawsuit against Trump in 2022 after discovering evidence of systematic fraud at the Trump Organization, including schemes that inflated Trump’s net price with false financial statements.

Last 12 months, Trump and his adult sons testified at trial and accused the accountants of financial mismanagement. Both Trump Jr. and Eric Trump testified that that they had little to do with their father’s financial statements, stressing that other executives at the Trump Organization were responsible for keeping the books.

Advertisement

This article was originally published on : atlantablackstar.com
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics and Current

Donald Trump, to face Letitia James again – after crushing him in court – because New York AG is directed

Published

on

By

Democratic leaders in several states are preparing to fight with the order of President Donald Trump to freeze federal funds and dollars oriented to billions, which directly finance federal assistance programs.

On Monday, the Trump administration issued a note ordering federal agencies “All activities related to the obligation or payment of all federal financial assistance”.

The Management and Budget Office (OMB) later explained that the freezing is “clearly limited to programs, projects and activities related to the president’s executive orders, such as Ending Dei, Green New Deal and financing of non -governmental organizations that undermine the national interest.”

Advertisement
The judge ruled that former President Donald Trump (on the left) committed a fraud, overstating the online value of several of his assets as a part of a civil case brought against him by the Prosecutor General New York Letitia James (on the best). (Photo: Getty Images)

The directive was alarms for a lot of Americans, including federal employees, from the administration crusade to the withdrawal of all programs, offices and jobs in the federal government.

Now several general prosecutors, led by the Prosecutor General New York Letitia James, who called the order “reckless and dangerous”, is preparing to sue administration to query the constitutionality of order.

“My office will take the next legal action against the unconstitutional break of this administration on federal financing,” James wrote On X. “We will not sit idly when this administration harms our families.”

James has already taken Trump to court for civil fraud, which caused a judgment of many thousands and thousands of dollars against the president. She was appointed political opponent for bringing a case against him, and after winning in the election in 2024, she undertook to challenge all attempts at revenge that his recent administration could make against her office or is New York, including the withdrawal of federal funds.

“The president does not decide which provisions of the enforcement and for whom. When the Congress devotes the financing of the program, the president cannot get this financing from the whim”, James he said At a press conference on Tuesday, calling federal funds, he’ll freeze “illegal order”.

Advertisement

She added that the upcoming lawsuit “would search for a court order to immediately stop Trump’s enforcement in order to preserve the vital funds for Americans.

“This decision is unlawful, dangerous, destructive, cruel. It is illegal, is unconstitutional”, the leader of the Senate minorities Chuck Schumer (Dn.y.) he said. “Simple and simple, this is the 2025 project. Project 2025 with another name.”

Trump’s Order – whose US District Judge Loren L. Alikhan Temporarily blocked just a few minutes before getting into force on Tuesday afternoon – he said that programs akin to Medicaid and Snap can be excluded, in addition to funds for small corporations, farmers, Pell grants, head start and assistance.

“The guidelines establish a process for agencies to cooperate with OMB in order to quickly determine whether any program is not in accordance with the president’s executive orders. The detention may be as short as one day,” we read in the order.

Politicians from everywhere in the country also query order, noting that repercussions can be very respected for thousands and thousands of Americans, despite the indisputable fact that the White House doesn’t understand its scale.

Advertisement

Dollars trillions are pouring into healthcare and stopping poverty, education, help in the case of disasters, housing, infrastructure and other initiatives that affect every corner of virtually every lifetime of America.

The National Council Non -Profit, American Public Health Association, Main Street Alliance for Small Business and LGBTQ Advocacy Sage have also filed a lawsuit against OMB and asked the Federal Court in DC to issue a brief order to stop and preliminary order to ban agencies.

“From stopping research on medicine for childhood cancer to stopping food, safety from home violence and closing suicides, the impact of even a short break on financing may be destructive he said in a statement. “An order may be over 1000’s of organizations and leave their neighbors without vital services.”

https://www.youtube.com/watch?v=nicwjeliniu

Advertisement

(Tagstranslate) Donald Trump

This article was originally published on : atlantablackstar.com
Continue Reading

Politics and Current

The latest order of Trump is addressed to Smithsonian for “Divorial, focused ideology on the race”: “Critics repel:” We cannot remove our past ” – essence

Published

on

By

The latest order of Trump is directed to Smithsonian in

ISions of America/Universal Images Group by Getty Images)

Advertisement

In the extensive ordinance issued on Thursday evening, President Donald Trump directed comprehensive restructuring of the Smithsonian institution’s approach to the historical representation, particularly focusing on exhibitions and narratives related to race, gender and national identity. Order, entitled “Restoring truth and mental health to the history of America” He tries to generally transform how national museums present historical narratives.

The order is managed by the Vice President of JD Vance, as a member of the Smithsonian Regent Council, supervising the removal of what the administration specifies “the dividing, ideology focused on the race” from all real estate of the institution. Vance is instructed to refuse to finance any exhibitions or works of art that allegedly “degrade common American values.”

As an example of what the administration takes into consideration “Incorrect ideology” The order is particularly criticized by the current exhibition The Shape of Power: Stories of Race and American Sculpture at Smithsonian American Art Museum. The exhibition, which examines the role of sculpture in “understanding and constructing the concept of a race in the United States”, has develop into the point of interest of the cultural policy of administration.

Advertisement

The order range goes beyond racial narratives. It also goals at the efforts of the Museum of Women’s History Smithsonian American Women on the recognition of various experiences, especially difficult shows, akin to exhibition 2022. This program was celebrated by women in sport and clearly contained a T-shirt worn by a transgender, non-bine skateboard Leo Baker-representation seems that the order seems to be seen as problematic.

After the currently known political strategy, the order will instruct Vance to cooperate with Congress, to link future Smithsonian funds directly with the administration directives. In addition, he tries to appoint recent “members of citizens” to the Regent Council, who’re clearly “obliged to develop the policy of this order.”

In response to the order, rep. Jasmine Crockett condemned this movement, calling it part of a wider effort to erase marginalized voices from each the present and the past. “The first Trump removes all reference about the diversity from the present – now he is trying to remove it from our history,” wrote Crockett on X. “Let me be completely clear – you can’t remove our past and you can’t stop us from fulfilling our future.”

This directive is greater than an easy administrative change. This is a deliberate attempt to transform the way American cultural institutions interpret and present historical narratives, especially those who query traditional, often whitened versions of national history.

“Museums in the capital of our nation should be places where individuals learn – not subject to ideological indoctrination or dividing narratives that distort our common history,” said Trump in an announcement that represents the form of ideological positioning itself.

The order raises concerns about which stories will prioritize and what can mean for understanding of future generations of American identity and our collective memory.

Advertisement


This article was originally published on : www.essence.com
Continue Reading

Politics and Current

Booker beats the Senate Speech Register on segregation, which has opposed the black residents’ laws

Published

on

By

US Senator Cory Booker, dn.j., broke the record of the longest speech delivered on the floor of the Senate on Tuesday, when he protested to the first 71 days of administration of President Donald Trump. Booker officially broke the record at 19:19, paradoxically, Booker exceeded the previous record – 24 hours and 18 minutes – organized by Senator Stroma Thurmond, a segregation that used the Senate procedure generally known as a filibuster to dam the adoption of regulations regarding breakthrough civil rights for Black Americans.

Almost 70 years ago, Thurmond, the White “Dixiecrat” from Southern Carolina, began to the floor of the Senate to stop the adoption of the Act on civic rights of 1957, which was the first draft bill on civic rights transferred by law after restructuring. Ultimately, Filibuster Thurmond didn’t win. Although the law intended for equal voice rights for Black Americans had little influence, he also established key mechanisms for the protection of civil rights by establishing the US Civil Rights and the Department of Citizenship of the US Department of Justice.

Advertisement

Composed to the rehearsal of the Act of 1957, security for the Black Americans deprived of defense rights, Democrats indicate that the protest of Senator Booker was an motion that may harm black and other sensitive communities.

“Senator Booker is on the floor, he talks about everything that comes from the Movement for Civil Rights … When we talk about what came out of the 1960s, such as Medicaid, Medicare, Social Security, protecting economic possibilities,” said Brown. He emphasized these social programs “they actually help people keep on the surface and equalize opportunities.”

Booker called the alarm by a message that “we can no longer act under the understanding of business as usual,” says Antjuan Seawright, a democratic strategist that advises several democratic members of the congress. Seawright said that the senator from New Jersey showed “unusual business … not only leadership, but also setting an example of how we need to color outside the line.” He continued: “Not only black Americans, but all those who care about keeping democracy on the right track, as we know, must be and should be.”

Diversity, justice, integration, thegrio.com
New York, New York – 04 January: National Action Network members to protest in front of the Bill Ackman billionaire office on January 4, 2024 in New York. (Photo of Michael M. Santiago/Getty Images)

Democrats indicate that it is usually symbolic that the black man beat a record of white segregation equivalent to Thurmond. “He is able to do it in a body that has not been built to us to serve, to be honest,” said Brown. He added that the “act of courage” strengthens “the resistance of the black community in our country.”

“We had to withstand many things in this country, regardless of whether it is physical, regardless of whether it is socio-economic or political attacks,” brown contested. “Speech that Senator Booker uses his body, just like black people in this country, to fight for the development of other people, the fight against the oppression of a group of people is quite significant for black experiences in America.”

Advertisement

He also doesn’t surprise democrats that Booker can be a senator who would break such a record. “He was always a man on a mission. He always had granularity, Grind and was always a man on the mission of providing results for his community and our country,” said Seawright, who also noted that Booker is a member of the Congress Black Club, which is understood at Hill Capitol as “Congress’s conscience.”

He explained: “I think he understands the importance of strong, wide arms on which he stands, and the opportunity to remain faithful to the mission.”

Just before breaking the Thurmond record on the Senate floor, Booker confirmed the segregation heritage for somebody who “tried to stop the laws on which I am standing.” He added: “I am not here because of his speech. I am here despite his speech. I am here because as powerful as he was stronger.”

Critics see Trump's attacks on

(Tagstranslate) Cory Booker

Advertisement
This article was originally published on : thegrio.com
Continue Reading
Advertisement

OUR NEWSLETTER

Subscribe Us To Receive Our Latest News Directly In Your Inbox!

We don’t spam! Read our privacy policy for more info.

Trending