Trump attacks AG, judge in fraud trial
Says case over his net worth is a ‘witch hunt’
NEW YORK — The trials of Donald Trump began Monday in a New York courtroom, where the former president made an appearance to fight the first of several government actions against him — a civil case that imperils his company and threatens his image as a master of the business world.
The case, brought by Letitia James, New York’s attorney general, takes aim at Trump’s boasts about his net worth, accusing the former president of crossing from hyperbole into fraud. In some years, the attorney general’s office contends, Trump, his adult sons, and their family business inflated his riches by more than $2 billion so that they could secure favorable terms from banks and bragging rights about his overall wealth.
“Year after year, loan after loan, defendants misrepresented Mr. Trump’s net worth,” Kevin Wallace, a lead lawyer for James, said during opening statements on Monday morning. He noted that while it might be one thing to exaggerate for a television audience or Forbes Magazine’s list of the richest people, “you cannot do it while conducting business in the state of New York.”
Just outside the courtroom, Trump fired a fusillade of personal attacks on James and the judge overseeing the case, Arthur Engoron, even suggesting that they were criminals.
Inside, however, Wallace methodically cast doubt on the value of some of Trump’s signature properties, including Trump Tower in Manhattan, laying the groundwork for a reckoning of the former president’s net worth. If the attorney general’s office proves its case, the judge could impose a sweeping array of punishments on Trump, including a $250 million penalty and a prohibition on operating a business in New York ever again.
The trial, expected to last several weeks and to include testimony from Trump, coincides with the former president’s latest White House run. After James’s civil case wraps, Trump will face four criminal trials that touch on a range of subjects: hush-money payments to a porn actor, the handling of classified documents, and his efforts to remain in power after losing the 2020 election.
James’s case, which will be decided by the judge rather than a jury, has struck a nerve with the former president. Her claims, which portray him as a cheat rather than a captain of industry, undercut an image he constructed while he catapulted from real estate to reality television fame and, ultimately, the White House.
For now, government scrutiny has only bolstered Trump’s political fortunes. He is polling far ahead of his Republican rivals and has used the cases against him to make fund-raising appeals, casting himself as a political martyr under attack from Democrats such as James and Engoron.
The trial will enable Trump to bring the campaign to the courthouse steps, where he can deliver impassioned defenses and pointed attacks while his lawyers grapple with accounting and financial arcana inside the courtroom.
On Monday, Trump sat mostly silent at the defense table, arms crossed and scowling, while occasionally rolling his eyes at the judge and yawning during the duller portions of the proceeding. But he came out swinging on his way into the courtroom, telling reporters that James was out to get him because he is performing so well in the polls.
“You ought to go after this attorney general,” he said, an explicit call to others to join his attacks on James, while also calling Engoron a “rogue judge” who “should be out of office” and the case against him “a witch hunt, it’s a disgrace.”
One of Trump’s lawyers, Alina Habba, echoed some of his harshest claims during her opening statement, saying that James ran for her office with the express purpose to “get Trump.”
She argued, as Trump nodded along, that his company was simply “doing business” and that “there was no intent to defraud, period, the end” — speaking as if she were addressing a jury, or a television camera, rather than Engoron.
Her statement, which she had not planned in advance, altered the tenor of what began as a dry proceeding, prompting squabbles between the defense team and the judge.
The substance of Trump’s defense is that his annual financial statements were merely estimates, and that valuing real estate is subjective, more art than science.