In a dramatic finale to the civil fraud trial, Donald Trump's legal team vehemently dismissed the New York Attorney General's claims as "absurd," urging the judge to quash the state's demand for $370 million in disgorgement.

Trump NY Civil Fraud Trial Updates : Absurdity Unveiled

Trump's counsel, Chris Kise, launched a scathing attack on Thursday, asserting that the trial's evidence failed to substantiate Attorney General Letitia James' accusations. Kise contended that the claims of duping lenders with inflated net worth statements lacked essential elements of materiality and intent to defraud.

In a captivating courtroom moment, Kise argued, "We just cannot allow the AG to pursue a victimless fraud and impose the corporate death penalty." He contended that the state's attempt to claw back millions in alleged gains was "absurdly disproportionate," emphasizing the absence of victims, complaints, or harm.

Trump NY Civil Fraud Trial Updates : Judge's Prior Verdict

Justice Arthur F. Engoron had previously found the defendants liable for persistent fraud in a pretrial summary judgment ruling. The judge, expected to deliver his comprehensive decision later this month, will determine the fate of the six remaining counts, including allegations of insurance fraud, falsifying business records, issuing false financial statements, and conspiracy.

High-Stakes Demands

Besides the $370 million disgorgement, Attorney General Letitia James seeks a lifetime ban on Trump, his former financial officers Allen Weisselberg, and Jeffrey McConney from returning to the New York real estate business. The state also aims to halt the defendants from obtaining loans or real estate for the next five years.

Legal Duel Nears Conclusion

The trial, which commenced in October and concluded testimony on December 13, now hangs in suspense as the state prepares to deliver its closing statement later on Thursday. The courtroom buzzes with anticipation as the legal drama unfolds, leaving both sides and the public anxiously awaiting Justice Engoron's imminent decision.