A judge ruled that President Trump inflated his net worth and ordered his business certificates canceled.
This was a preliminary hearing in the former president’s defense against New York Attorney General Letitia James. The case is set to go to trial on October 2. The judge ruled that Trump and his companies deceived banks, insurers and others by overvaluing his assets in order to secure loans.
Trump’s lawyers had argued for the case to be dismissed, but the judge not only dismissed their argument but also fined his lawyers $7,500 for “engaging in repetitive, frivolous” arguments. That is a chilling precedent for all litigators, don’t you think? Lawyers are allowed to make a defense of their clients and then it is up to them to prove it. Or aren’t they?