Trump Calls $354 Million Fraud Fine Against Him ‘A Form of Navalny’

Ingraham: “Mr. President, the crowd is going crazy here, but during this campaign, a huge amount of your time has been spent in court, in the courtroom in New York and so forth. Now, in this New York civil fraud case, this judge, Arthur Engoron, ruled against you for almost half a billion dollars plus interest that runs every day. When I first read it, it was like $87,000 a day. How will you put up that kind of money? Because you have a bond to put up. Even if you appeal, you gotta put up escrow money. That’s — it’s a lot of dough.”
Trump: “It is a form of Navalny, it is a form of communism or fascism. The guy is a nut job. I have known this for a long time and I’ve said it openly. No jury, no anything. Letitia James is a horrible attorney general in New York, campaigned on ‘I will get Trump, I will get Trump.’ We went through a trial, it turned out we’re totally innocent on everything, and he fined me $355 million plus interest and other things. 355! And what we did — in fact, my financial statements were conservative. Everybody made money. There was no victim. The bank gets up and says, ‘We love this guy.’”
Ingraham: “You paid back the loans.”
Trump: “100 percent. No defaults, no anything. The banks asked me — you know, banks lend money, that’s how they make money. They asked me, would I borrow some money? They asked me. I didn’t need the money. I had a lot of cash. What happens is, this guy ruled that I was guilty before the trial started. He didn’t even know anything about it. He ruled that a house in Florida called Mar-a-Lago is worth $18 million when it’s worth from 50 to 100 times that.”
Ingraham: “Would you give up one of your properties to settle that?”
Trump: “Look, we have — I wrote this out because it was so great. I just looked at it. People call up, all of your friends, lawyers call up and they say it’s the most egregious punishment anybody has ever seen. Tim Scott knows that. He sees it. ‘The Eighth Amendment: Excessive bail shall not be required nor excessive fines imposed nor cruel or unusual punishment inflicted.’ That’s the Eighth Amendment. Excessive fines? I have a fine — “
(Applause)
Ingraham: “If it’s a state court ruling.”
Trump: “I have a fine — I did business with a bank and insurance companies that love me. They still do business with me. They wouldn’t do business with — “
Ingraham: “But you are a practical man. You have a practical question, which I thought about a lot last night because it’s such a huge amount of money. You have to decide whether you are going to put up that bond and escrow to appeal.”
Trump: “I do.”
Ingraham: “Are you going to do that? And where are you going to get the money?”
Trump: “I’ll tell you what we’re going to do. Number one, we will have a lot of cash, but that doesn’t mean he can take it. I mean, do you know what he did? I think he looked at my cash and he said, ‘Well, we will take all of his cash.’ This is all coming out of the White House. This is all — everything that you see, whether it’s that one or the D.A. — “
Ingraham: “And Biden is coordinating this?”
Trump: “The D.A.’s office and Bragg’s office, he has his top people from the DoJ working in the District Attorney’s Office in New York. Nobody knows that. Everything is coming out. This is all election interference. They are trying to damage me so they can win another election.”