Letitia James: Everyone must play by the same rules. We have a responsibility to protect the integrity of the marketplace. For years, Donald Trump engaged in deceptive business practices, and tremendous fraud. Donald Trump falsely, knowingly, inflated his net worth by billions of dollars, to injustly enrich himself, his family, and to cheat the system.

James: Donald Trump may have authored The Art of The Deal, but he perfected the art of the steal. His long-running fraud was intentional, egregious, illegal, and he did all of this with the help of the other defendants, his two adult sons, senior executives at the Trump Organization. After eleven weeks of trial, we showed the staggering extent of his fraud, and exactly how Donald Trump and the other defendants deceived banks, insurance companies, and other financial institutions, for their own personal gain.

James: Donald Trump and the pother defendants were ordered to pay 463.9 million dollars. That represents 363.9 million dollars in discouragement, plus one hundred million dollars in interest, which will continue to increase every single day until it is paid.

James: A new, independent Director of Compliance will be created at the Trump Organization, to ensure the company established internal protocols, and meets financial reporting obligations, and the current independent external monitor will continue to oversee the companies financial dealings, and ensure this fraud can not continue.

President Trump: We'll be appealing. But more important than that, this is Russia, this is China, this is the same game. It all comes out of the DOJ. It all comes out of Biden.