misdeeds. that is before even discussing the possibility of criminal charges, which are still on the table based on what we know. michael cohen was donald trump s personal attorney for years. as you saw there, his testimony before the house oversight committee back in 2019 writ led directly to today s lawsuit. he is the host of the mea culpa podcast, and author of the book revenge, out next month. listening to the recitation by letitia james of the scope of these fraudulent practices, what was your reaction? did that sound familiar? it was interesting because like everyone else i was watching. i had no idea what general tish james was going to say. so when she mentioned my name i was obviously quite elated, to be honest, because i m finally getting the recognition for what i ve been sitting on the mountain tops yelling for three and a half, four years, which is that the trump organization is a criminal enterprise and that i got thrown under the bus
business owners like yourself deal with? this is crazy town and can t happen anymore. thank you for coming on the program and letting us know about the program, it is ridiculous, something needs to be done. best of luck, sir 6789 with that, the 5 a.m. hour of fox and friends first begins right now. a fox news alert, former president trump firing back overnight after new york state attorney general james happeneds down quarter of billion lawsuit against the trump family citing persistents, fraudulent practices. you are watching fox and friends first on friday morning. the lawsuit follows through on campaign promise to target donald trump and take him down. turns out the media pretty happy about it. carley: it is an extraordinary public service
that would say i m guilty. these processes could take a long time but how does it generally unfold? well, most civil litigation ends up settling, i like to call them long protracted settlement negotiations. this is early in the case. just a complaint has been filed. it s a mon is it rouse complaint with an enormous amount of detail. now comes the answer, maybe motion to dismiss, discovery will be put forth. so this is going to be a long process ahead. and that s trump s usual m.o. is he wants to delay it. he ll get his chance in this case. if you read the 200 plus pages, nearly 300 pages by the attorney general of new york, it documents all these unorthodox, she said fraudulent practices. and in her new book, hagerman writes he would receive payments in cash, including one person
applying for loans from any financial institution in new york for five years. to pay for the financial benefits obtained as a result of the persistent fraudulent practices at an estimated $250 million. towards the end of my remarks i ll go into the other relief that we re seeking. at the center of this year long financial scheme were the statements of financial condition that were prepared annually by and for mr. trump. specifically from 2011 to 2021 these statements were compiled by the trump offerings executives and issued as a report by mr. trump s accounting firm. statements are explicit that the preparation was the responsibility of mr. trump.
attorney general for the southern district of new york and the internal revenue service. as a result of these violations, we are asking the court to, among other things, permanently bar mr. trump, donald trump, jr. ivanka trump, eric trump, serving as an officer in any corporation or similar entity registered or licensed in new york. to bar mr. trump and the trump organization from entering into any new york state commercial real estate acquisition or from applying for loans from any financial institution in new york for five years. to pay for the financial benefits obtained as a result of the persistent fraudulent practices at an estimated $250