(PALM BEACH, FLA) — Former President Donald Trump told Sean Hannity why New York’s attorney general has “no case” against him. She alleges that Trump over-inflated his net worth on loan applications.
Trump says had an “assumption of risk” when lending him money because they were warned.
Trump told Hannity, “We have a disclaimer on the annual Statements of Financial Condition and it basically says, you know, get your own people. You’re at your own risk. It may be way off. Do your own math.”
A former financial crimes prosecutor says that the disclaimer indemnifies Trump because it put banks on notice to double check the numbers before relying on them in deciding how much to lend and at what rate of interest.
Meanwhile, New York Attorney General Letitia James wants to accelerate her $250 million fraud lawsuit against former President Donald Trump, his children, his company, and two of its executives.
James, in a letter to the state’s chief administrative judge, signaled her intention to push for a trial before the 2024 Presidential election and asked him to keep the civil case before Judge Arthur Engoron, who had presided over disputes between the attorney general and the Trump legal team during the investigation.
By the way, Trump and his organization have paid back all the loans in question.