New York Attorney General Letitia James is seeking a lifetime ban on former President Donald Trump from the real estate industry in the state, along with a $370 million fine against Trump and his companies.
According to combined media reports, James is also seeking lifetime bans on former Trump Organization Chief Financial Officer Allen Howard Weisselberg and former Trump Organization controller Jeff McConney, as well as five-year bans on the former president’s sons Donald Trump Jr. and Eric Trump.
“The myriad deceptive schemes they employed to inflate asset values and conceal facts were so outrageous that they belie innocent explanation,” James wrote in a post-trial brief filed today as Trump’s 11-week trial on fraud charges draws to a close.
Judge Arthur Engoron has already ruled in a summary judgment that Trump and his co-defendants were liable for persistent and repeated fraud that enabled him to receive better loan terms for is properties. Both sides in the trial will present their final briefs and closing arguments next Thursday, with Engoron presenting his verdict on a later date.