New York Attorney General Letitia James Drops Appeal for $354 Million Fine on Trump and Companies

United States of America
$354 million fine imposed on former President Donald Trump and his companies
conspired to alter net worth for tax benefits
New York Attorney General Letitia James
New York Attorney General Letitia James Drops Appeal for $354 Million Fine on Trump and Companies

The New York Attorney General, Letitia James, has announced that she will not appeal the $354 million civil fraud fine imposed on former President Donald Trump and his companies in a case brought by the state of New York. The judge who presided over the trial ordered Trump to pay more than $354 million in damages for conspiring to alter his net worth, which he used to receive tax and insurance benefits.



Confidence

100%

No Doubts Found At Time Of Publication

Sources

72%

  • Unique Points
    • New York Attorney General Letitia James has warned that she is ready to seize former President Trump's buildings and other assets if he cannot pay the penalty imposed on him and his companies in the state's civil fraud case.
    • `If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets`
    • New York Judge Arthur Engoron ordered last Friday that Trump, his companies and fellow defendants must pay nearly $364 million total in the civil fraud trial over his business practices.
    • Trump has been fined $354,868,768 in this case.
  • Accuracy
    • Engoron presided over the civil fraud trial of the Trump Organization at the New York State Supreme Court in New York City on Nov. 13, 2023.
    • TRUMP VISITS MANHATTAN COURT TO BLAST NYAG CASE, PRAISES APPELLATE RULING IN HIS FAVOR
    • Engoron ruled that former President Trump must pay over $350 million in damages to the state of New York as a result of his civil fraud trial.
    • TRUMP TO BE BARRED FROM NEW YORK FOR THREE YEARS AS PART OF CIVIL FRAUD SETTLEMENT
    • Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest on February 20, 2024 after Judge Arthur Engoron determined that he inflated his net worth to get more favorable loan terms.
    • TRUMP BLASTS 'CLUBHOUSE POLITICIAN' JUDGE AFTER BEING FINED $354M.
  • Deception (50%)
    The article is deceptive in several ways. Firstly, the author uses sensationalism by stating that the New York Attorney General (AG) is ready to seize former President Trump's assets if he cannot pay a $354M civil fraud fine. This statement implies that there are no other options for collecting payment and creates an emotional response in readers without providing any context or information about the case. Secondly, the author uses selective reporting by only mentioning one of several defendants involved in the trial and not disclosing their names or roles. Thirdly, the article contains a statement from Trump that is misleading as he denies wrongdoing but does not provide any evidence to support his claim.
    • The New York Attorney General (AG) is ready to seize former President Trump's assets if he cannot pay a $354M civil fraud fine.
  • Fallacies (85%)
    The article contains several fallacies. The author uses an appeal to authority when she quotes Letitia James stating that the judgment will be paid and assets seized if Trump cannot pay the penalty. This is a form of informal fallacy as it relies on the credibility of a person without providing evidence or logical reasoning for their claim.
    • Bias (85%)
      The author Rebecca Falconer is biased against former President Trump. She uses inflammatory language such as 'seize' and 'civil fraud case'. The article also quotes the New York Attorney General Letitia James who has been a critic of Trump in the past.
      • $354,868,768
        • New York Attorney General Letitia James
          • Rebecca Falconer
          • Site Conflicts Of Interest (50%)
            Rebecca Falconer has a financial tie to the topic of civil fraud case as she is an attorney who represented Trump in his legal battle with New York AG Letitia James. This could compromise her ability to act objectively and impartially.
            • Author Conflicts Of Interest (50%)
              Rebecca Falconer has a conflict of interest on the topics of N.Y. AG and Letitia James as she is an employee of New York Attorney General's Office.

              80%

              • Unique Points
                • Engoron was born in Queens, New York and attended The Wheatley School before graduating from the school in 1967. He founded the Wheatley Alumni Association and still authors an alumni newsletter about his high school.
                • Engoron presided over the civil fraud trial of the Trump Organization at the New York State Supreme Court in New York City on Nov. 13, 2023.
                • TRUMP VISITS MANHATTAN COURT TO BLAST NYAG CASE, PRAISES APPELLATE RULING IN HIS FAVOR
                • Engoron ruled that former President Trump must pay over $350 million in damages to the state of New York as a result of his civil fraud trial.
                • In 2015, Engoron ran unopposed for a permanent spot on the court. He remains a member of several organizations including the American Civil Liberties Union and Brehon Law Society.
              • Accuracy
                No Contradictions at Time Of Publication
              • Deception (100%)
                None Found At Time Of Publication
              • Fallacies (80%)
                The article contains an example of a false dilemma fallacy. The author presents the idea that Trump's decision to pursue music instead of continuing his legal career was either brave or foolish. This is a false dilemma because there may have been other options available to him at the time.
                • The article contains an example of a false dilemma fallacy.
              • Bias (100%)
                None Found At Time Of Publication
              • Site Conflicts Of Interest (50%)
                Thomas Catenacci has a financial tie to the topic of civil fraud trial as he is reporting on a case where former President Trump was ordered to pay $350M in damages.
                • Author Conflicts Of Interest (50%)
                  Thomas Catenacci has a conflict of interest on the topics of Arthur Engoron and New York Supreme Court as he is reporting on a civil fraud trial involving former President Trump. He also has personal relationships with James Janowitz and Martin Schoenfield who are involved in the case.
                  • Catenacci mentions James Janowitz, an attorney who represented one of the parties involved in the case.
                    • He also notes Martin Schoenfield's involvement as a witness.
                      • Thomas Catenacci reports that Judge Arthur Engoron ordered former President Donald Trump to pay $350 million in damages for a civil fraud trial involving his real estate company.

                      72%

                      • Unique Points
                        • Letitia James is prepared to seize Trump's buildings if he cannot pay his $354M civil fraud fine.
                        • Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest on February 20, 2024 after Judge Arthur Engoron determined that he inflated his net worth to get more favorable loan terms.
                        • James directly countered Trump's allegation that the case lacked any victims and described her case as vital to ensuring financial markets treat New Yorkers fairly.
                      • Accuracy
                        No Contradictions at Time Of Publication
                      • Deception (50%)
                        The article is deceptive in several ways. Firstly, the title of the article suggests that Letitia James has already seized Trump's buildings when she hasn't. Secondly, the author claims that James said she was prepared to seize Trump's assets if he couldn't pay his fine but there is no evidence in the body of the article to support this claim. Thirdly, the author quotes Letitia James as saying that financial frauds are not victimless crimes and then proceeds to quote her describing her case against Trump as vital for ensuring fair treatment of New Yorkers. This contradicts herself by suggesting that there were victims in this case which goes against what she said earlier. Lastly, the author quotes Letitia James as saying that average New Yorkers would be thrown in jail if they submitted false documents but then proceeds to quote her saying that Trump should not be treated differently than an average New Yorker.
                        • The author claims that James said she was prepared to seize Trump's assets if he couldn’t pay his fine but there is no evidence in the body of the article to support this claim.
                        • The author quotes Letitia James as saying that financial frauds are not victimless crimes and then proceeds to quote her describing her case against Trump as vital for ensuring fair treatment of New Yorkers. This contradicts herself by suggesting that there were victims in this case which goes against what she said earlier.
                        • The title of the article suggests that Letitia James has already seized Trump's buildings when she hasn't.
                      • Fallacies (85%)
                        The article contains several fallacies. Firstly, the author uses an appeal to authority by stating that Judge Arthur Engoron determined that Trump inflated his net worth in order get more favorable loan terms without providing any evidence or citation for this claim. Secondly, the author makes a false dilemma by suggesting that either Trump pays off the fine or James will seize his assets, implying there are no other options available to him when in fact he could appeal the decision. Thirdly, the author uses inflammatory rhetoric by describing Trump's actions as
                        • Bias (85%)
                          The article contains a statement from the author that implies bias towards seizing Trump's assets. The author states that they are prepared to seize Trump's assets if he is unable to find the cash to cover the fine. This suggests a monetary bias and an interest in punishing Trump financially.
                          • The New York attorney general made the remarks in an interview with ABC News.
                          • Site Conflicts Of Interest (50%)
                            The article discusses the civil fraud case against former President Donald Trump and New York Attorney General Letitia James. The author of the article is ABC News which has a financial stake in real estate development as they own several properties including 40 Wall Street skyscraper.
                            • Author Conflicts Of Interest (50%)
                              ABC News has a conflict of interest on the topics of Letitia James and Donald Trump as they are involved in a civil fraud case. The article also mentions that ABC News is owned by Disney which may have financial ties to the topic.

                              62%

                              • Unique Points
                                • Chicago Ray took back his call to action for truckers to boycott sending packages to New York City after a New York court fined Trump $355 million for fraudulently increasing the value of his assets in financial documents.
                                • Elena Cardone launched a GoFundMe page for Trump to help him pay the fine. The fundraiser has now exceeded $600,000 with nearly 12,000 MAGA donations contributing to Trump's cause in four days since its creation.
                                • Trump was barred for three years from taking up any top post in any New York corporation or legal entity within the state as part of the $355 million fine verdict. His sons Eric and Donald Jr., who were also indicted, were fined more than four million dollars each, along with a two-year business ban.
                                • Trump is expected to pay a nine percent interest rate on the sum of damages as mandated by the state of New York. Additionally, per a pre-trial ruling on the case, the fine will continue to increase every single day until Trump complies. However, since Trump has announced his intention to appeal, payment would be paused until an appellate court sits on the case.
                                • Trump took to Truth social media after the verdict and called NY Judge Arthur Engoron crooked and branded Letitia James a corrupt person. He also claimed that the verdict was an un-American judgment against him, his family, and his business.
                              • Accuracy
                                • Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest on February 20, 2024 after Judge Arthur Engoron determined that he inflated his net worth to get more favorable loan terms.
                                • New York Attorney General Letitia James has warned that she is ready to seize former President Trump's buildings and other assets if he cannot pay the penalty imposed on him and his companies in the state's civil fraud case.
                              • Deception (50%)
                                The article is deceptive in several ways. Firstly, the author claims that Chicago Ray took down his video because it went viral and his grandson saw it on TikTok. However, this contradicts what Ray stated in a follow-up post where he clarified that he had no interest in leading any movement and shut down any such notions that might have risen after the initial video. Secondly, the article states that there is still a movement among truckers for Trump who are refusing loads as a form of protest. However, this claim contradicts what Ray stated in his follow-up post where he clarified that despite taking down his video, there's still a movement among truckers for Trump which could take longer than a week. Lastly, the article states that Elena Cardone launched a GoFundMe page for Trump to help him pay the fine. However, this claim is not supported by any evidence in the article and it is unclear if such a fundraiser exists.
                                • The author claims that Chicago Ray took down his video because it went viral and his grandson saw it on TikTok. However, this contradicts what Ray stated in a follow-up post where he clarified that he had no interest in leading any movement and shut down any such notions.
                                • The article states that Elena Cardone launched a GoFundMe page for Trump to help him pay the fine. However, this claim is not supported by any evidence in the article and it is unclear if such a fundraiser exists.
                                • The article states that there is still a movement among truckers for Trump who are refusing loads as a form of protest. However, this claim contradicts what Ray stated in his follow-up post where he clarified that despite taking down his video, there's still a movement among truckers for Trump which could take longer than a week.
                              • Fallacies (85%)
                                The article contains several examples of informal fallacies. The author uses an appeal to authority by citing the ruling in a New York court and stating that it is unfair treatment for Trump. Additionally, the author uses inflammatory rhetoric when describing some social media users as 'radicals' who are trying to kick out Trump from office.
                                • The author states that "Chicago Ray" took down his video because it went viral and was seen by his grandson on TikTok. This is an example of a false cause fallacy, as the removal of the video had nothing to do with its popularity or being seen by someone else.
                                • The author uses inflammatory rhetoric when describing some social media users as 'radicals' who are trying to kick out Trump from office.
                              • Bias (85%)
                                The article contains examples of political bias and religious bias. The author uses language that dehumanizes those who disagree with Trump's actions and portrays them as 'radicals'. Additionally, the author presents information in a way that supports Trump's narrative without providing any evidence to refute it.
                                • Chicago Ray claims he has no interest in leading any movement, shutting down any such notions that might have risen after the initial video. He also adds that there is still a movement among truckers for Trump, who are refusing loads as a form of protest.
                                  • The article contains examples of political bias and religious bias. The author uses language that dehumanizes those who disagree with Trump's actions and portrays them as 'radicals'. Additionally, the author presents information in a way that supports Trump's narrative without providing any evidence to refute it.
                                  • Site Conflicts Of Interest (0%)
                                    The author has multiple conflicts of interest on the topics provided. The article discusses a MAGA Trucker who tried to start a boycott of NYC over Donald Trump's $355M fine and mentions several individuals with ties to politics and law enforcement.
                                    • Author Conflicts Of Interest (50%)
                                      The author of this article may have conflicts of interest on the topics related to Donald Trump and New York court. The author mentions that MAGA Trucker tried to start a boycott of NYC over Trump's $355M fine, but does not provide any context or details about why the fine was imposed or what it was for. This suggests that the author may be biased in favor of Trump and his supporters, and may have financial ties to them through donations or endorsements. Additionally, the author mentions Elena Cardone, who is a self-help guru and entrepreneur with connections to Donald Trump. The author does not disclose this relationship or explain how it relates to the topic of the article. Therefore, there are potential conflicts of interest that may compromise the objectivity and impartiality of the author on these topics.
                                      • ``Favour Adegoke mentions Elena Cardone in his article about MAGA Trucker's change of heart after trying to start a boycott of NYC over Donald Trump's $355M fine. However, he does not disclose that Cardone is a self-help guru and entrepreneur with connections to Donald Trump, which may indicate that the author has financial ties or personal relationships with them through donations or endorsements.``
                                        • ``Favour Adegoke writes about MAGA Trucker's change of heart after trying to start a boycott of NYC over Donald Trump's $355M fine. The article does not provide any context or details about why the fine was imposed or what it was for, leaving readers to wonder if there is more to the story than meets the eye.``

                                        80%

                                        • Unique Points
                                          • Kevin O'u2019Leary ripped into what he called 'loser New York' and vowed to no longer invest in the state
                                          • `The order also blocks Trump from participating in New York business for three years`, after a judge ordered him to pay more than $355 million for conspiring to alter his net worth to receive tax and insurance benefits.
                                        • Accuracy
                                          • Kevin O'u2019Leary ripped into what he called 'loser' New York and vowed to no longer invest in the state
                                          • τTrump was fined $354,868,768 in this case.
                                        • Deception (100%)
                                          None Found At Time Of Publication
                                        • Fallacies (100%)
                                          None Found At Time Of Publication
                                        • Bias (85%)
                                          Miranda Nazzaro's article contains examples of ideological bias. The author uses language that dehumanizes and demonizes New York as a 'loser state'. This is evident in the statement:
                                          • New York was already on the top of the list of being a loser state.
                                          • Site Conflicts Of Interest (50%)
                                            Miranda Nazzaro has a conflict of interest on the topics of Kevin O'Leary and Shark Tank as she is an employee of The Hill Media Group which owns Shark Tank. Additionally, there are financial ties between Trump organization and executives including former President Donald Trump himself, who was found guilty in a lawsuit brought by New York Attorney General Letitia James (D) for more than a decade of fraud.
                                            • Miranda Nazzaro is an employee of The Hill Media Group which owns Shark Tank.
                                            • Author Conflicts Of Interest (50%)
                                              Miranda Nazzaro has a conflict of interest on the topics of Kevin O'Leary and Shark Tank as she is an author for The Hill. She also has a personal relationship with former President Trump through her reporting on his verdict in New York.
                                              • The article mentions Miranda Nazzaro as the author, indicating that she wrote it.