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Trump’s Fortune Hangs in Balance as NY Fraud Trial Begins

Trump's Fortune Hangs in Balance as NY Fraud Trial Begins

(ConcernedPatriot.com) – A defiant Donald Trump appeared in a New York court on Monday to answer civil fraud charges.

He called the prosecution a “sham” that was meant to destroy his chances of winning back the presidency.

One of the many court cases involving the 77-year-old Trump is the fraud trial, which can prevent the former president from conducting business in New York.

“This is about election meddling, straight and simple,” Trump declared upon his arrival for the first day of what could be a three-month process.

“This is an attempt to harm me during an election.” – Donald J. Trump

Trump and his sons Eric and Don Jr. were found to have committed fraud via years-long manipulation of the real estate and financial asset values of the Trump Organization, according to a ruling by New York Judge Arthur Engoron.

Letitia James, the attorney general of New York, requests $250 million in fines and the ouster of Trump and his sons from the family business.

Before making her opening remarks, James assured reporters that justice will ultimately triumph.

“Everyone is subject to the law, regardless of their level of power or wealth,” the speaker declared.

As he entered the courtroom, Trump referred to the case as a “scam” and a “witchhunt.”

It’s a scam, Trump declared. “My financial records show amazing results.”

On March 4, 2024, Trump is expected to testify before a federal judge in Washington, D.C., on allegations that he attempted to tamper with the results of the 2020 presidential election, which Democrat Joe Biden had won.

Subsequently, Trump is scheduled to appear in state court again in New York, facing allegations of giving hush money to a porn star.

He will also be facing charges in federal court in Florida for allegedly mishandling secret papers after he left office.

In Georgia, where prosecutors claim Trump attempted illegally to sway the results of the 2020 election in the southern state in his favor, he will also be held accountable for state charges.

“Through a system that inflated the worth of their properties by $812 million to $2.2 billion between 2014 and 2021, Trump, his two eldest sons, and other Trump Organization employees misled tax authorities, lenders, and insurers for years,” according to a ruling made by Engoron in the New York case.

The judge withdrew the business licenses the Trump Organization had been using to run some of its properties in New York.

As per Will Thomas, a business law expert at the University of Michigan, implementing such penalties would be “a major blow to Donald Trump’s ability to do business in the state of New York going forward.”

Trump, who rose to prominence and wealth in the 1980s as a real estate tycoon, may ultimately lose authority over several of the company’s premier assets, including his Manhattan residence, the 5th Avenue Trump Tower.

AG James claims that among the apartments in the building that were falsely overpriced was Trump’s own, which was three times larger than it actually was.

James claims that another Manhattan building, located at 40 Wall Street, had financial filings overvaluing it by $200–$300 million.

Trump’s opulent Mar-a-Lago resort in Florida, the scene of the drama surrounding the sensitive materials, as well as a few other golf clubs owned by the Trump Organization are mentioned in James’s complaint.

Trump has repeatedly disregarded the New York civil claims, branding Engoron as “deranged” and James as “racist.”

Dozens of witnesses, including Trump and his three children, Eric, Don Jr., and Ivanka, the eldest, will probably be summoned to testify in this trial.

Officials from financial institutions connected to the former president are also anticipated to appear, as is Michael Cohen, Trump’s former attorney and vocal opponent of the former president.

Copyright 2023. ConcernedPatriot.com

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Hunter Biden Caught RED HANDED Lying Under Oath

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House Republicans have detonated a political bombshell, exposing the brazen corruption and arrogance of the Biden family. They have unveiled indisputable evidence proving that Hunter Biden lied under oath multiple times during his congressional deposition earlier this year. This scandal epitomizes the Biden Administration’s systemic corruption and disregard for the rule of law.

The House Ways & Means Committee convened a crucial session on Wednesday to discuss documents protected under IRS code 6103, a section of the tax code designed to keep sensitive information confidential. The committee’s decision to release this material, despite the severe legal ramifications, underscores the gravity and urgency of the situation.

“Hunter Biden has once again demonstrated his belief that there are two systems of justice in this country – one for his privileged family and one for everyone else,” House Ways & Means Committee Chairman Jason Smith thundered to Fox News Digital. “Not only did Hunter Biden brazenly refuse to comply with his initial subpoena until threatened with criminal contempt, but he also had the audacity to lie before Congress. This investigation and the documents released today are not about a personal vendetta against Hunter Biden; they are about ensuring the equal application of the law in a system that his family seems to believe they are above.”

Smith revealed that the documents show Hunter Biden lied at least three times during his deposition. “Lying during sworn testimony is a felony offense that the Department of Justice has prosecuted numerous individuals for in recent years, and the American people demand the same accountability for the son of the President of the United States,” Smith declared. “Hunter Biden’s lies under oath and obstruction of a congressional investigation into his family’s blatant corruption cast a shadow over his entire testimony. The newly released evidence confirms, beyond a shadow of a doubt, that the only witnesses who can be trusted to tell the truth in this investigation are the IRS whistleblowers.”

The committee asserts that Hunter Biden mischaracterized his role at his firm, Rosemont Seneca, and actually controlled bank accounts he denied having under oath. Emails between Hunter Biden and his former associate Devon Archer show he helped a man named Miguel Aleman with visa documents, directly contradicting his testimony. Furthermore, WhatsApp records reveal that Hunter Biden only spoke with one Zhao — Henry Zhao of Chinese energy firm CEFC — debunking his claim of a mistaken identity due to intoxication.

In one explosive WhatsApp message, Hunter Biden blatantly leveraged his father’s position, telling a Chinese business associate from CEFC that he and his father would ensure “you will regret not following my direction.” Hunter Biden demanded a $10 million wire for his joint venture with CEFC, SinoHawk Holdings.

“I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled,” Hunter Biden told Henry Zhao, the director of Chinese asset management firm Harvest Fund Management. “And, Z, if I get a call or text from anyone involved in this other than you, Zhang, or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge, you will regret not following my direction.” Zhao responded, “CEFC is willing to cooperate with the family.”

Hunter Biden has been charged in two separate jurisdictions stemming from Special Counsel David Weiss’ years-long investigation into him. He pleaded not guilty to federal gun charges in U.S. District Court for Delaware and federal tax charges in the U.S. District Court for the Central District of California. The charges include making false statements during the purchase of a firearm, related to information required to be kept by a licensed firearm dealer, and possession of a firearm by a person who is an unlawful user of or addicted to a controlled substance.

IRS whistleblowers Gary Shapley and Joseph Ziegler approached Congress, alleging that prosecutorial decisions in the federal investigation into the president’s son were influenced by politics. They claimed Weiss allowed the statute of limitations to expire for tax charges against Hunter Biden from 2014 and 2015 in D.C., and Hunter Biden should have been charged with tax evasion for 2014 and for filing false tax returns for 2018 and 2019, particularly concerning income from Ukrainian natural gas firm Burisma Holdings. Fox News Digital reported in December 2020 that Hunter Biden failed to report “approximately $400,000” in income from his position on Burisma’s board in 2014.

The American public is fed up with a system rigged in favor of the powerful and well-connected. This is a direct assault on the integrity of our justice system. The time for accountability is now. Hunter Biden and his family’s blatant disregard for the law cannot be tolerated any longer. The American people demand justice.

 

Hunter Biden

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Biden’s Reckless Election Stunt: Draining Strategic Reserves to Lower Gas Prices

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In a desperate and ill-advised move, the Biden administration announced on Tuesday that it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy, ostensibly to lower prices at the pump this summer. This blatant attempt to manipulate gas prices ahead of the election underscores the administration’s willingness to jeopardize national security for political gain.

The gasoline will be sold from storage sites in New Jersey and Maine in increments of 100,000 barrels, creating a competitive bidding process to ensure it reaches local retailers ahead of the July 4 holiday. The Energy Department claims this will help “lower costs for American families and consumers,” but the real intention is clear: to curry favor with voters by artificially lowering gas prices.

The release follows a congressional mandate to sell off the 10-year-old Northeast reserve and close it. This reserve, established under President Obama, has never been used and costs about $19 million a year to maintain. Its sale, which provides only minimal relief during a severe shortage, highlights the administration’s short-sightedness and disregard for strategic planning.

Gasoline prices average about $3.60 per gallon nationwide, up 6 cents from a year ago, according to AAA. Tapping into the gasoline reserves is one of the few actions a president can take to control inflation, a major election year liability for the party in power.

Energy Secretary Jennifer Granholm stated that the Biden administration is “laser-focused on lowering prices at the pump for American families.” However, this short-term solution ignores the primary purpose of strategic reserves: to provide emergency relief in times of severe national crises, not to manipulate market prices for political benefit.

White House Press Secretary Karine Jean-Pierre touted this release as part of Biden’s efforts to lower gas and energy costs, including historic releases from the Strategic Petroleum Reserve (SPR) and investments in clean energy. Yet, Biden’s previous decision to drain the SPR in 2022, following Russia’s invasion of Ukraine, already pushed the stockpile to perilously low levels not seen since the 1980s. This reckless depletion of a critical national security asset for short-term political gain drew sharp criticism from Republicans.

Despite attempts to refill the SPR, it still stands at over 367 million barrels, significantly lower than pre-Russia-Ukraine war levels. This makes the U.S. vulnerable in the event of a true energy emergency, as the SPR is intended to be the nation’s emergency oil supply, not a tool for electioneering.

The release of the 42-million-gallon Northeast reserve, which must be transferred or delivered by June 30, is a misguided strategy that offers minimal impact on gasoline prices nationally. As analyst Patrick De Haan from GasBuddy points out, the reserve amounts to just 2.7 hours of total U.S. gasoline consumption, providing negligible relief.

This ill-conceived plan not only undermines the strategic purpose of the reserve but also sets a dangerous precedent of using emergency resources for political maneuvering. Biden’s actions highlight a disturbing trend of prioritizing political optics over national security and long-term stability.

 

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POLL: Is Biden trying to manipulate the election results by putting America at risk?

 

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Biden Authorized “Deadly Force” In Mar-a-Lago Raid

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In an alarming display of federal overreach and political maneuvering, it has been revealed that Joe Biden’s administration was prepared to have his main political rival, Donald Trump, and his family killed as part of a dramatic publicity stunt.

On Tuesday, Judge Aileen Cannon unsealed a series of motions related to Jack Smith’s controversial classified documents case against Trump. Among the shocking revelations was the fact that Biden’s FBI authorized the use of deadly force during their raid on Mar-a-Lago in August 2022.

This brazen action by armed FBI agents, ready to confront Trump, demonstrates the extreme lengths to which Biden’s administration is willing to go. The filing stated: “Should FPOTUS [Trump] arrive at MAL [Mar-a-Lago], FBI MM EM and OSCs will be prepared to engage with FPOTUS and USSS Security Team.” Furthermore, it added, “Should USSS provide resistance or interfere with FBI timeline or accesses, FBI MM EM will engage with [redacted] and [redacted] will engage with USSS POC’s per existing liaison relationships.”

A chilling screenshot of the deadly force instructions outlined the conditions under which DOJ law enforcement officers could use deadly force: only when necessary, when the officer has a reasonable belief that the subject poses an imminent danger of death or serious physical injury.

This unprecedented move comes after Biden paved the way for his Justice Department to arrest his political opponent by retroactively revoking Trump’s executive privilege. This revocation facilitated the subpoenaing of Trump, which in turn allowed the Justice Department to charge him with federal crimes.

Following the subpoena, federal agents arrived at Mar-a-Lago, retrieving documents and instructing the former president to add an extra lock to his storage locker. However, two months later, the FBI conducted a full-scale raid on Mar-a-Lago, ransacking Trump’s belongings without allowing his lawyers to be present.

The situation escalated when, in November 2022, Jack Smith was appointed special counsel to investigate the documents at Trump’s Florida residence. By June 2023, Trump faced an indictment on 37 counts related to Smith’s classified documents case, including charges of willful retention, conspiracy to obstruct justice, and making false statements.

This entire episode underscores the alarming extent of Biden’s politicization of the Justice Department and the dangerous precedent it sets for using federal power to target political opponents.

 

POLL: Is Biden turning the Justice Department into political goons?

 

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