Letitia James

Donald Trump will appeal the $355 million judgment in his New York fraud trial by challenging judge Arthur Engoron definition of the crime.

New York Attorney general Letitia James sued the former president and his two adults sons, along with the Trump Organization and two top executives, seeking $370 million in penalties for habitually inflating the value of real estate to obtain more favorable loans, but one of his attorneys told Newsweek that Trump would challenge the judge who found him liable for fraud at the outset of his trial.

After spending Sunday posting screenshots of various polls showing him either leading against former Gov. Nikki Haley (R-SC) and President Joe Biden, Donald Trump went off on a multi-post bender at midnight fuming at the results of the financial fraud trial that could cost him as much as $450 million.

On his Truth Social platform, the former president, who is now looking at paying out over a half billion dollars in two civil suits and the trial just concluded in Judge Arthur Engoron's court room, attacked New York Attorney General Letitia James and then went on to attack Haley for not bowing out of the GOP nomination race.

Now that Donald Trump has been saddled by Judge Arthur Engoron with a massive financial fraud penalty that could cost him upwards of $450 million, MSNBC legal analyst Lisa Rubin pointed out that the former president has limited options on where to turn for money.

Appearing on MSNBC's "The Weekend," Rubin noted that New York Attorney General Letitia James was playing the long game when she asked Engoron to place tight financial restrictions on Trump and the Trump Organization.

"About two months after Letitia James first filed her complaint, she asked for relief, saying that she had enough evidence to show even at that early stage that he [Trump] should be prevented from doing a number of things with his assets," she explained. "Those things include, after the appointment of the independent monitor, he cannot wholesale transfer or sell any of his significant assets without notice to the independent monitor, nor can he restructure or refinance his businesses either."

After noting the former president was able to service the judgment against him in the Trump University case Rubin stated that is not available to him this time due to the injunction James requested much earlier in the case.

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"He can't do that here and the reason is because this order, in addition to the preliminary injunction saying you can't refinance, you can restructure without advance notice, this sort of goes even further," she told the hosts. " It says you can't borrow money from a New York registered or chartered bank, period, for what I believe is at least a three-year period of time."

"That means in order to satisfy these judgments, Donald Trump has to, I think, rely on his own asset base," Rubin elaborated. "And, yet he has an independent monitor who's going to be on top of him every step of the way, as well as a new independent director of compliance, who's going to be scouring the books and making sure that what happens at the Trump organization is on the up and up to use a legal term."

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Former President Donald Trump's business empire was dealt a severe blow by New York Judge Arthur Engoron on Friday, and one longtime Democratic strategist is arguing that the nine-figure judgment is a lasting stain on Trump's image as a savvy business magnate.

In a Saturday column for the Guardian, Sidney Blumenthal — who was a senior adviser to former President Bill Clinton — wrote that despite his father, Fred, trusting him with both his sizable real estate portfolio and the family's name, Trump has been "steering the family legacy on to the rocks."

Appearing on MSNBC on the morning after Donald Trump, his two sons and the Trump Organization were slammed by Judge Arthur Engoron with a financial fraud penalty that could exceed $450 million, one ex-prosecutor suggested the IRS and the DOJ could be waiting in the wings.

Speaking with host Ali Velshi, legal analyst Catherine Christian acknowledged that New York Attorney General Letitia James had indicated she would be passing on some of her findings that led to the former president's conviction to the Department of Justice.

She added that Trump and his sons, Donald Jr. and Eric may also be hearing from the IRS.

"What is the potential culpability beyond this trial? Is there something beyond this for Donald Trump?" host Velshi asked.

"If now the federal government, the Southern District of New York sort of passed on this publicly, but that does not mean that they can't, as long as it's within the statute of limitations take another look," she replied.

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"And clearly, the federal government, the Internal Revenue Service, they sort of never stop looking at you, and so yes, the AG's office referred to it to other authorities, and it could be possible that each of the defendants, not just Donald Trump, his sons, [Allen] Weisselberg could be in legal jeopardy, even criminal jeopardy."

Watch below or at the link.

Former President Donald Trump gave an enraged public speech from Florida on Friday night after his massive loss in the New York civil fraud case, accusing anyone and everyone who touched the case — and some people who didn't — of being corrupt and out to destroy his political and business career.

Judge Arthur Engoron found Trump liable for more than $355 million in the case, after Attorney General Letitia James presented her case that he and his two adult sons systematically manipulated the value of their properties, lied to investors, and defrauded the state tax agency and banks issuing them loans — all of which Trump denied yet again in his response.