Former president Donald Trump is gearing up for a very crazy Monday with two legal battles in Manhattan: settling a $464 million fraud fine and a landmark hearing in the Stormy Daniels trial.
Although Judge Juan Merchan has delayed Trump’s hush money trial until mid-April, jury selection will still begin on March 25.
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Former President Donald Trump’s Legal Battle Clashes On Monday
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Despite a string of strategic legal victories, Donald Trump faces potential real-world consequences on Monday as he faces two crucial legal battles in Manhattan – a looming deadline to settle a staggering $464 million fraud fine and a key hearing in Stormy Daniels tries to calm down.
So far, his legal team’s moves have been successful in delaying the criminal proceedings, possibly extending the court date until after the November election.
However, New York AG Letitia James has issued a stern warning. According to Daily Mail, he stated that if Trump failed to settle a $464 million court judgment from his fraud trial in New York, he would initiate asset forfeiture. Among Trump’s prized possessions, the Art Deco skyscraper 40 Wall Street is at risk.
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Additionally, James has set his sights on Trump’s Westchester golf club and Seven Springs estate, signaling his intentions with a judgment registered in Westchester County.
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Donald Trump Calls New York AG Letitia James ‘Low IQ Individual’
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Venting his frustration on his social media platform, Truth Social, Trump launched a series of fundraising appeals urging New York to “keep your dirty hands off Trump Tower.”
The former president later scolded the judge responsible for the high fines, which increased by more than $100,000 per day during the appeals process.
He wrote on Truth Social: “Arthur Engoron is a Rogue Judge who is terrorized by big, mean, and ugly mouth Leticia James, who many consider the WORST Attorney General in the US She is a Low IQ individual campaigning for Governor, using my name, and has been SUCH.”
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He added: “He and his PUPPY, who valued Mar-a-Lago at $18,000,000 when it was worth 50 to 100 times that amount, have destroyed all business prospects for New York State, which is dead, or dying. But have no fear —When I become the 47th President, we will MAKE NEW YORK GREAT AGAIN!”
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Judge Juan Merchan Adjourns Stormy Daniels Hush Money Trial Date
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Amid ongoing legal troubles for Trump, Monday marked a milestone for what could be the start of four of his criminal trials even as Judge Juan Merchan agreed to delay the start of the trial until at least mid-April.
The delay came at the behest of prosecutors from the Southern District of New York, who provided thousands of pages of material to the defense, prompting the extension.
However, prosecutors said the document contained only a “limited amount” of new information. Despite the delay, Judge Merchan has allowed jury selection to begin on the scheduled date of March 25.
Judge Will Allow Testimony From Former President Michael Cohen’s Lawyer And Others
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Earlier this week, Judge Merchan made a landmark decision allowing testimony from key figures such as Michael Cohen, David Pecker, Karen McDougal and Dina Sajudin.
According to Daily Mailtheir testimony could shed light on the alleged hush money scheme at the center of the case.
Cohen, who previously pleaded guilty to campaign finance violations, revealed he set up a shell company to facilitate $130,000 in payments to adult film star Stormy Daniels, who allegedly had an affair with Trump in 2006.
Notably, Judge Merchan disallowed Trump’s reliance on the informal “presence of counsel” defense for the conversations involving Cohen, intended to circumvent the more formal “advice of counsel” defense that would have waived attorney-client privilege protections.
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Donald Trump Boasts $500 Million in Cash As He Struggles With $464 Million in Fines
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Trump’s legal team recently disclosed the challenges they faced in obtaining bonds, emphasizing the reluctance of underwriters to accept real estate as collateral.
In the filing, they pointed out that despite approaching more than 30 bond companies, they struggled to find willing institutions because underwriters insisted on cash, stocks or other liquid assets rather than real estate as collateral.
However, Trump insisted on Friday on his Truth Social Platform that he had $500 million in cash, writing: “Through hard work, talent, and luck, I now have almost five hundred million dollars in cash,” suggesting he could cover the judgment fully but questions the need to do so.
Insisting on his intention to allocate more of his money to his presidential campaign than the $464 million civil fraud judgment, the former president, in an interview with Fox News, vowed to contest the decision “all the way to the US Supreme Court. if necessary.”
According to APhe added, “They can’t take your property before you have a chance to appeal.”
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Source: thtrangdai.edu.vn/en/
