New York Attorney General Letitia James on Cases Against Trump

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How did Letitia James successfully prosecute Donald Trump for civil fraud?

Ben Meiselas 0:00
I'm joined by New York Attorney General Letitia James. New York Attorney General James, you've successfully prosecuted Donald Trump in a civil fraud case, $486 million judgment. So you understand how at least he operates his businesses. Can you apply that to what he's doing right now with the government? Are you seeing similar patterns in how he's operating things?
Letitia James 0:27
Yeah, so first of all, thank you so much for allowing me to be on your podcast. I really appreciate it. You know, listen, we brought the case against Donald Trump, who was then a civilian, because he inflated his assets for the purposes of taking advantage of low interest rates and insurance rates. You know, he engaged in this pattern and practice of illegality. And it was following a two-year investigation after hearing individuals' witnesses before a hearing. And so he would like to allege that it was politics, but it really wasn't. It was based on facts and the rule of law. And so we were able to secure a summary judgment. And then after a hearing, we secured a judgment and the interest rate continued to go up
Letitia James 1:14
And we are awaiting at this point in time a decision from the appellate division of the state of New York. And now what he is doing is causing more chaos, confusion and contempt, contempt for the law, contempt for individuals who work each and every day to serve our government, contempt for Congress. Republican members have just rolled over and allowed Elon Dusk and his musketeers, obviously, to gain access to our private and personal information. He's throwing everything against the wall to see what sticks. And it's basically a brazen attack on a democratic system of government. And so I've got a duty and obligation to defend the rule of law. I took an oath to the constitution and not to the king. And that's what we are doing each and every day. It was not my intention to resist.
Letitia James 2:08
But it is my intention, obviously, to ensure that the rights and privileges of New Yorkers are respected and to use the law both as a sword and as a shield, particularly to protect vulnerable and marginalized populations and individuals who tell me their stories each and every day about losing their job, individuals who are afraid about Social Security, individuals who are veterans, law enforcement individuals, and people who are afraid
Ben Meiselas 2:33
about their loved ones being deported and separated i want to talk about some of the specific cases that your attorney general's office is involved in but in that case against trump as you mentioned inflating assets there would be certain assets that would be x and he would just say they are y just put kind of a bunch of fraudulent and fake numbers to those assets now You kind of see the same playbook, though, with this administration. I mean, you know, you had Trump and Elon Musk saying that somewhere between 400 billion and 600 billion dollars of Social Security payments are like, quote unquote, they're saying incorrect or fraudulent payments. And then. when Trump's press secretary, Caroline Levitz, asked about it and said, well, those numbers are inaccurate. Where are you getting these numbers from? Well, that's what they think the numbers are. And we're seeing that in their cuts, in their gutting of the government. They're using made up numbers and fake numbers to justify it.
Ben Meiselas 3:32
It almost seems like a lot of the Doge playbook is the playbook you saw also in your prosecution. Do you see that?
Letitia James 3:39
Listen, when Donald Trump ran for office, he promised Americans that he would lower the cost of eggs and consumer products. He indicated that he would stop the war, bring peace in the war for Ukraine. He would stand up. and bring peace to that situation. He would end the conflict in Israel and Gaza. He said a whole bunch of things. He said our markets obviously would be strong and that we would, and he would make America first. And nothing could be further from the truth. Elon Musk has said it's all about corruption and waste and fraud. They've indicated that individuals who are over 100 and some odd years are getting Social Security. It's just lies. Americans were duped. They fell for it.

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