'I lost a number of billions': Trump seeks sympathy from South Dakota crowd as NY case looms

'I lost a number of billions': Trump seeks sympathy from South Dakota crowd as NY case looms
Bank

Hours after a new filing in New York Attorney General Letitia James' $250 million fraud lawsuit against ex-President Donald Trump claiming he "inflated his net worth by billions," the four-times indicted MAGA 2024 hopeful complained that he's the only United States president to lose money while in office, Rolling Stone reports.

Aside from Trump, James' lawsuit is also against two of his children — Donald Trump Jr. and Eric Trump — as well as the Trump organization and several officials, in an effort to ban the family from running business in the state of New York.

"I'm the only president that ever lost money while serving in office," he said to a crowd during a Friday, September 8 appearance in South Dakota. "I lost a number of billions… I could've made a fortune. I could've gone to these countries and made deals. I put thing in trusts, I said my kids are gonna run it. I said, ‘Don't do deals outside of the country'… They go, 'Dad can we do something? I said, 'No, you know, I'm president. We have a higher standard.'"

POLL: Should Trump be allowed to hold office again?

Per Rolling Stone, "the new filing claimed the former president inflated his net worth by billions of dollars over several years, with the largest discrepancy being an over-valuation of up to $3.6 billion a year — a sum larger than earlier estimates."

During the South Dakota rally, according to the report, South Dakota Republican governor and Trump supporter Kristi Noem endorsed the former president's 2024 campaign.

Trial for James' case is scheduled for October 2, after a judge rejected Trump lawyers' request to delay the date, according to Reuters.

READ MORE: NY AG seeks summary judgement in $250 million Trump lawsuit

Rolling Stone's full report is available at this link (subscription required). Reuters' report is here (subscription required).

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}
@2023 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by fontsempire.com.