Letitia James got blindsided by this defeat that could cost her everything

New York Attorney General Letitia James thought she was on the precipice of delivering the death blow to Donald Trump’s financial empire.

But a last-minute development turned James’ case upside down.

And Letitia James got blindsided by this defeat that could cost her everything.

Appeals court reduces bond Trump must pay to appeal civil fraud judgment 

A New York appeals court greatly reduced the $464 million bond Trump had to pay to prevent James from collecting on the judgment imposed by Democrat Judge Arthur Engoron in her civil fraud lawsuit James filed against the Trump organization.

James couldn’t find any evidence of criminal activity nor could James find any victims claiming Trump defrauded them.

The point of such a large judgment was to put Trump out of business knowing no company would loan the money for such a large bond allowing James to seize and sell off Trump properties.

Trump praised the ruling and announced he would cover the bond within the 10-day timeline.

“I greatly respect the decision of the Appellate Division, and I’ll post either $175 million in cash or bond for security, whatever is necessary very quickly within the 10 days,” Trump began “and I thank the Appellate Division for acting quickly, but Judge Engoron is a disgrace to this country and this should not be allowed to happen.”

“It will be my honor to post [the bond],” Trump added.

Trump blasted the case as election interference since Judge Engoron’s ruling allowed Biden to call Trump a fraud and mock him over the fact that he was now a pauper with the state auctioning off his real estate empire.

“This is all about election interference. This is all Biden-run . . . meaning Biden and his thugs because I don’t know if he knows he’s alive,” Trump added during a second statement to reporters. 

Biden “can’t win an election because of the borders, because of energy prices, because of inflation, because of Afghanistan,” Trump concluded.  “So what they do is they do election interference.”

James seethes with rage 

James tried to put on a brave front in the face of this stinging rebuke.

“The $464 million judgment — plus interest — against Donald Trump and the other defendants still stands,” a statement from James’ office read.

“Donald Trump is still facing accountability for his staggering fraud,” the statement added. “The court has already found that he engaged in years of fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization.”

But the appeals court reducing the size of the bond against Trump is an ominous sign for James.

Legal experts understand the insanity of allowing a partisan prosecutor like James to nuke her opponents by weaponizing the fraud statute.

Each previous time a New York Attorney General brought a suit under this fraud statute, the case involved criminal charges or significant amounts of financial losses.

This case involved neither.

It’s a clear-cut example of James seeking political vengeance against Trump.

But fortunately, the New York appeals court looks likely to rein James in.

*Renewed Right Official Polling*