Closing arguments filed in Trump's $250M fraud trial
Donald Trump and New York Attorney General Letitia James Friday filed their closing arguments in the former president's $250 million fraud trial, reports and court records show.
James, who accuses the former president and his sons of defrauding investors by inflating the value of Trump Organization assets, called the evidence "inescapable," reports the New York Daily News.
"The myriad deceptive schemes they employed to inflate asset values and conceal facts were so outrageous that they belie innocent explanation," James wrote.
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Courthouse News reports James doubled down on her demand for a lifetime ban on doing business in New York State.
In their closing argument, Trump's sons' attorneys repeat their clients' denials of wrongdoing and argue James never produced substantial evidence.
"The Attorney General has woefully failed to prove her case and is not entitled to any of the relief sought in this action," they write.
Trump's attorneys, in their conclusion, reiterate arguments that Trump Organization lenders could not have been defrauded because they did not believe themselves misled by the company's financial records.
"Simply put, the NYAG has failed to establish by clear and convincing evidence (really any evidence) that any person or entity associated with the subject transactions claimed to have been misled," the argument reads.
Judge Arthur Engoron has already found Trump liable for fraud. The months-long trial in New York City Court will determine damages.