A politically fraught legal dispute brought about by a left-leaning prosecutor has been resolved.
CNN reports that a New York appeals court dismissed Ivanka Trump as a co-defendant in a civil fraud lawsuit filed by New York Attorney General Letitia James in September.
Former President Donald Trump, his two adult sons, and the Trump Organization are civil defendants in the ongoing lawsuit.
James’ office stated in a press release dated September 21 that Trump and his associates had engaged in “years of financial fraud to obtain a host of economic benefits.”
“The lawsuit alleges that Donald Trump, with the help of his children Donald Trump, Jr., Ivanka Trump, and Eric Trump, and senior executives at the Trump Organization, falsely inflated his net worth by billions of dollars to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, to induce insurers to provide insurance coverage for higher limits and at lower premiums, and to gain tax benefits, among other things,” the release said.
However, the appeals court affirmed that Ivanka Trump was not an agent of the Trump Organization during the relevant time period after the company agreed to state-imposed conditions.
“The record before us … indicates that defendant Ivanka Trump was no longer within the agreement’s definition of ‘Trump Organization’ by the date the tolling agreement was executed,” it found.
“The allegations against defendant Ivanka Trump do not support any claims that accrued after February 6, 2016. Thus, all claims against her should have been dismissed as untimely.”
In a Truth Social message, Donald Trump, the leading Republican candidate in the 2024 presidential election, praised the appellate court’s decision, dubbing the case “Election Interference.”
In a statement provided to CNN, a representative of James’ office vowed to continue the politically fraught lawsuit against Trump.
“There is a mountain of evidence that shows Mr. Trump and the Trump Organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for significant economic gain,” the representative said.
More on this story via The Western Journal:
“Those facts haven’t changed. This decision allows us to hold him accountable for that fraud, and we intend to do so.”
The appellate court remanded the claims against the other members of the Trump family to the trial court to “determine, if necessary, the full range of defendants bound by the [August 2021] tolling agreement.” CONTINUE READING…