Newyork Court Declined Attempt By Trump To Stop $10,000 In Daily Fines

Newyork Court Declined Attempt By Trump To Stop $10,000 In Daily Fines

By Aaron Miller-

A Newyork court has declined an attempt by former president Donald Trump to stop an order of $10,000 in daily fines  for failing to properly comply with an investigation into his company.

The fines were imposed on Trump  after he was found in contempt of the court last month for failing to comply with a subpoena from Letitia James, the New York state attorney general, who is seeking financial records for her civil fraud investigation into the Trump Organization.

The former president was hit with a $10,000 daily fine by judge, Arthur Engoron, until he provided the documents sought by James as part of the irquiry. Trump claims the records cannot be found and attempted to have the fines and contempt order removed.

Alina Habba, Trump’s lawyer, argued in her appeal that the “exorbitant fine is wholly unjustified” and the treatment of the property mogul and former host of the TV show The Apprentice was “unconscionable and indefensible”.

However, Engoron rejected the appeal, leaving Trump with $80,000 in fines to date. The judge criticized an affidavit from Trump that outlined how the company has searched fruitlessly for the documents required by James.

James is investigating allegations that the Trump Organization committed fraud by manipulating the stated valuations of its properties in order to get more favorable terms for loans, insurance rates and taxes.

The attorney general’s legal team claims the company “used fraudulent and misleading financial statements to obtain economic benefit”.

In February, Donald Trump Jr and Ivanka Trump, two of Trump’s children, were ordered to appear to give evidence in the case. They have appealed this order and are awaiting the outcome.

Trump himself has called James an “operative of the Democrat party” and claims he is the victim of the “greatest witch-hunt of all time”.

Trump has become embroiled in a number of legal problems since his presidential term ended last year, shortly after an attempt by his supporters to overthrow the result of the 2020 presidential election.

On Tuesday, the Trump Organization and Trump’s presidential inaugural committee agreed to pay Washington DC, authorities $750,000 to settle a lawsuit that claimed they illegally misused funds from the non-profit committee to enrich the Trump family.

On Monday, a grand jury was formed in Atlanta as part of a criminal investigation into whether Trump improperly attempted to force Georgia officials to overturn the result of the election in that state, which Joe Biden won enroute a triumphant  2020 election victory.

Trump, who recently appeared on Piers Morgan’s uncensored  television show a ‘man yells at cloud’ moment to rival all others, Morgan’s interview with former US President Trump on his new TalkTV show Uncensored , claimed the U.S elections were fraudulent, and referred to Piers Morgan as a fool when the television presenter claimed the elections were fair, and that he lost them fair and square.

Trump later derided the ratings for  Morgan’s show, after it made a decent start with a peak audience of nearly 400,000 tuning into his episode.

Ratings for the show later dropped, leading to a reaction from Trump, who said: ‘Unfortunately, after that interview, his show bombed completely because of the fake narrative he tried to portray.

‘The fact is, I got a new close-up glimpse at Piers, and he no longer has what it takes. It’s over for him!’

 

 

 

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