It’s clear that the recent fraud verdict against Donald Trump, which resulted in a whopping $355 million fine, has raised some eyebrows. Notably, law professor Jonathan Turley has voiced his criticism, arguing that the penalty is excessive given that no financial harm was inflicted on the banks involved.
Turley pointed out an interesting fact: these banks saw Trump as a valuable client and didn’t raise any complaints about fraud. It’s like being fined for stealing from a store when the store owner is saying they haven’t lost anything.
“The disconnect here is staggering. You’ve got a fine of over $455 million if you include interest, and yet on the other side of the ledger, you have $0,” Turley said.
Jonathan Turley: “There’s not a single dollar lost by these ‘victims’. In fact, the people that James calls the victims actually wanted to do more business with Donald Trump. They said they made a lot of money and…viewed him as a whale client—they wanted more loans with him.” pic.twitter.com/aC6KLPD1fY
— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) February 20, 2024
“There’s not a single dollar lost by these victims,” he reiterated.
“In fact, the people that [Attorney General Letitia] James calls the victims actually wanted to do more business with Donald Trump. They said they made a lot of money and they viewed him as a ‘whale’ client, they wanted more loans with him.”
Despite the lack of victim complaints, Attorney General Letitia James went ahead and filed charges. This move has led to criticism about her motives.
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