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New York AG James seeking additional $120 million from Trump, co-defendants in civil fraud trial

Trump's attorneys argued on Friday that Engoron should reject the most recent allegations by James, arguing that they are beyond the statute of limitations.

Published: January 5, 2024 2:18pm

New York Democrat Attorney General Letitia James is now seeking over $370 million from former President Donald Trump and his co-defendants and to bar him from doing business in the state. 

James argued in a court filing Friday that Trump and his co-defendants' intentions to commit fraud was "inescapable." She also wrote that she is seeking $370 million in disgorgement, or “ill-gotten gains.”

James originally requested $250 million in her civil fraud lawsuit against the defendents, but said the new total is due to new evidence.  

“The myriad deceptive schemes they employed to inflate asset values and conceal facts were so outrageous that they belie innocent explanation,” James wrote. 

Presiding Judge Arthur Engoron already found Trump could be held liable for defrauding banks and insurers by inflating the value of his assets, the issue at the center of the case.

He also ordered Trump's business certificates be canceled in New York.

Trump's attorneys argued on Friday that Engoron should reject the most recent allegations by James, arguing that they are beyond the statute of limitations, according to CNN.

“There is no evidence in the record that the terms or pricing of any of the subject loans would have been different based on the purported misstatements alleged by Plaintiff,” Trump’s lawyers wrote, according to the outlet. “Not a single witness from any bank (or anywhere else) testified to this at trial.” 

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