Opening day two of the trial in New York Attorney General Leticia James’s $250 million fraud lawsuit against disgraced former President Trump’s corrupt business empire, Judge Arthur Engoron told Team Orange they misunderstood him on his rulings on the statutes of limitation applied to claims, not evidence. “The attorney general is suing over over false financial statements, not over the underlying deals themselves,” Engoron said, per the Daily Beast’s Jose Pagliery. “Every use of a false financial statement in business starts the statute of limitations running again,” Engoron continued.
Upon leaving court on Monday, Trump had claimed “Well, I think that went very good… that last five minutes was outstanding, because the judge essentially conceded that the statute of limitations that we won at the court of appeals is in effect. Therefore about 80 percent of the case is over.”
Which means that the fat bastard was entirely wrong and 100 percent of the case is still very much not over. Well except for the part where Engoron ruled a default judgment for the state and ordered a shit ton of business licenses canceled and LLCs under the Trump Organization dissolved.
Earlier on Tuesday Trump wrote on Truth Social that “Judge Engoron has been given false and grossly misleading information about my Net Worth by a lying and incompetent Attorney General, such as Mar-a-Lago being worth $18,000,000 when in fact the number would be much closer to 1.5 Billion Dollars, like other properties, including two that were recently sold for numbers many times those that were listed in the Financial Statements. The NYS Attorney General, therefore, committed FRAUD for Political and Election Interference reasons. This case should therefore be dismissed!” and then continued melting down outside the courtroom, screaming the same to news cameras.