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OMG – Trump, Sons, Associate Hit With $364 Million Fraud Fine

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2 years ago

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Donald Trump and his real estate company suffered a major defeat in New York’s civil fraud suit over his inflated asset valuations, after a judge barred the former president from running any business in the state for three years and ordered $364 million in penalties plus interest.

The 92-page verdict Friday by Justice Arthur Engoron in Manhattan is a significant victory for New York Attorney General Letitia James, who said in a social media post after the decision that with interest the fine tops $450 million.

Engoron’s ruling is a threat to Trump’s real estate empire and the latest legal setback as the Republican frontrunner campaigns to return to the White House. His two eldest sons, Donald Trump Jr. and Eric Trump, were also found liable and barred from being officers of a company in New York for two years.

During a three-month trial, James claimed Trump inflated asset values on annual financial documents for more than a decade to dupe Deutsche Bank AG and other lenders into giving him better terms on hundreds of millions of dollars in loans.

“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,” Engoron wrote. “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.”

Trump is sure to appeal, potentially dragging out a final resolution of the case well beyond the November election. Even if he appeals, he would be required to put up a large chunk of the damages in the form of an escrow or bond.

The judge also found former Trump Organization chief financial officer Allen Weisselberg and former company comptroller Jeffrey McConney liable in the suit.

The fine was close to the $370 million sought by the attorney general, who also requested that interest be repaid on the illegal profit. It also exceeded the $250 million included in the original complaint, which she increased based on additional evidence presented at trial.

The fine was mostly based on the $168 million Trump saved by getting lower interest rates on four loans by lying about his wealth. It also includes the $127 million profit from the Old Post Office hotel deal in Washington and $60 million from the sale of Ferry Point golf course in New York, which the state says he wouldn’t have been able to purchase without inflating the value of his assets. The sum also includes the return of bonuses paid to employees who participated in the fraud.

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Bizarre Epstein files reference to Trump, Putin, and oral sex with ‘Bubba’ draws scrutiny in Congress

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November 14, 2025

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The latest tranche of emails from the estate of late convicted pedophile Jeffrey Epstein includes one that contains what appear to be references to President Donald Trump allegedly performing oral sex, raising questions the committee cannot answer until the Department of Justice turns over records it has withheld, says U.S. Rep. Robert Garcia, the top Democrat on the House Oversight Committee.

Garcia insists the Trump White House is helping block them.

In a Friday afternoon interview with The Advocate, the out California lawmaker responded to a 2018 exchange, which was included in the emails released, between Jeffrey Epstein and his brother, Mark Epstein. In that message, Mark wrote that because Jeffrey Epstein had said he was with former Trump adviser Steve Bannon, he should “ask him if Putin has the photos of Trump blowing Bubba.”

“Bubba” is a nickname former President Bill Clinton has been known by; however, the email does not clarify who Mark Epstein meant, and the context remains unclear.

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USDA head says ‘everyone’ on SNAP will now have to reapply

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November 14, 2025

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Agriculture Secretary Brooke Rollins on Thursday said the Trump administration is planning to have all Supplemental Nutritional Assistance Program (SNAP) beneficiaries reapply for the program due to alleged fraud.

The secretary said after receiving data on SNAP recipients from 29 red states that “186,000 deceased men and women and children in this country are receiving a check.”

“Can you imagine when we get our hands on the blue state data what we’re going to find?” she asked during a Thursday appearance on Newsmax’s “Rob Schmitt Tonight.”

“It’s going to give us a platform and a trajectory to fundamentally rebuild this program, have everyone reapply for their benefit, make sure that everyone that’s taking a taxpayer-funded benefit through SNAP or food stamps, that they literally are vulnerable, and they can’t survive without it,” she added.

Every state has a periodic recertification process that requires SNAP or food stamp recipients to update their whereabouts and earnings, according to the Department of Agriculture (USDA). Most municipalities require updated data every six to 12 months.

“Secretary Rollins wants to ensure the fraud, waste, and incessant abuse of SNAP ends,” a USDA spokesperson said in a statement to The Hill. “Rates of fraud were only previously assumed, and President Trump is doing something about it. Using standard recertification processes for households is a part of that work. As well as ongoing analysis of State data, further regulatory work, and improved collaboration with States. “

Earlier this month, food stamps were threatened amid the government shutdown as the Trump administration argued against using contingency funds to fuel the welfare program.

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Trump orders Bondi to investigate Epstein’s ties to Clinton and other political foes

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November 14, 2025

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NEW YORK (AP) — Acceding to President Donald Trump’s demands, U.S. Attorney General Pam Bondi said Friday that she has ordered a top federal prosecutor to investigate sex offender Jeffrey Epstein’s ties to Trump political foes, including former President Bill Clinton.

Bondi posted on X that she was assigning Manhattan U.S. Attorney Jay Clayton to lead the probe, capping an eventful week in which congressional Republicans released nearly 23,000 pages of documents from Epstein’s estate and House Democrats seized on emails mentioning Trump.

Trump, who was friends with Epstein for years, didn’t explain what supposed crimes he wanted the Justice Department to investigate. None of the men he mentioned in a social media post demanding the probe has been accused of sexual misconduct by any of Epstein’s victims.

Hours before Bondi’s announcement, Trump posted on his Truth Social platform that he would ask her, the Justice Department and the FBI to investigate Epstein’s “involvement and relationship” with Clinton and others, including former Treasury Secretary Larry Summers and LinkedIn founder and Democratic donor Reid Hoffman.

Trump, calling the matter “the Epstein Hoax, involving Democrats, not Republicans,” said the investigation should also include financial giant JPMorgan Chase, which provided banking services to Epstein, and “many other people and institutions.”

“This is another Russia, Russia, Russia Scam, with all arrows pointing to the Democrats,” the Republican president wrote, referring to special counsel Robert Mueller’s investigation of alleged Russian interference in Trump’s 2016 election victory over Bill Clinton’s wife, former Secretary of State Hillary Clinton.

Asked later Friday whether he should be ordering up such investigations, Trump told reporters aboard Air Force One: “I’m the chief law enforcement officer of the country. I’m allowed to do it.”

In a July memo regarding the Epstein investigation, the FBI said, “We did not uncover evidence that could predicate an investigation against uncharged third parties.”

The president’s demand for an investigation — and Bondi’s quick acquiescence — is the latest example of the erosion of the Justice Department’s traditional independence from the White House since Trump took office.

It is also an extraordinary attempt at deflection. For decades, Trump himself has been scrutinized for his closeness to Epstein — though like the people he now wants investigated, he has not been accused of sexual misconduct by Epstein’s victims.

None of Trump’s proposed targets were accused of sex crimes

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