general s office get to that $370 million line it is seeking? re question. they moved it up kind after the trial. it is a tal of $378 million. and $168 million will just be on interest that was saved because donald trump got fav rates. and then there is two components that are interesting. one is $139 million for diskount on all of the proceeds of the sale the old post office then another $60 million from the sale of ferry point. the argument there is tha they used fraudulent records to obtain loans for those. but i got to tell you, that is a big number. and part of the i thought the most interesting part of the attorney general s case yesterday was midafternoon, they got up and they went through a lot of donald trump s spending that he has done in recent years. and he has put hundreds of millions of dollars into
million. attorneys from james office requested the punishmt impose trial motions filed friday in the trump fraud case. they said that trump owes 168 million of interest alleg saved through aud, 152ilon from the sale of the old post office building in washington, d.c., the site of one of trump s hotels. 60 million through the tra of the ferry point golf course contract. and 2.5 million from severance agreements for former trump organization chief financial officer allen weisselberg and ex-trump controller, jeff mcconney. i want to go a little further because attorney general letitia james is asking for the former president to be banned for life, by the way, from working in new york city and banned from serving as an officer and/or director of the new york
that when i don t have a victim and i have everybody playing the same game. it s a corrupt system. it can t go unpunished even if it s the game everybody plays. at the same time i think that does suggest that maybe not going as high as an appropriate formula would permit is appropriate here in the judge s discretion. interesting. lisa? reporter: you know, i think david is right. the attorney general has given that formula to the judge, that s how they get to $168 million roughly of the $370 million that they re seeking here. i also agree with david that they re not likely to get all of that $370 million. there are a number of mitigating factors the judge was interested in. one of them was whether or not donald trump jr. and eric trump had the requisite intent to result in some of the relief
profits from the trump organization and the other individual defendants here. we have referred to this case as the $250 million civil fraud case for over a year now. we have to change that language because what she has told judge arthur engoron, she has proven at trial she is entitled to collect $370 million in disgorgement, and and her brief today goes through each of the categories of profits that the trump organization, donald trump, his adult sons and others have obtained to get to that $370 million number. so i m looking at these numbers, $168 million of interest allegedly saved through fraud, 152 they sold the old post office in washington, d.c., 60 million through the transfer of ferry point golf course, 2.5 million from severance agreements from weisselberg and mcconney.
the attorney general s office had always said their original number, $250 million, was an estimate. now they ve gotten through all the in evidence the case, they ve laid out the building blocks why that number should be $370 million now. the big chunks of that are $168 million in lower interest rates that the trumps received as a result of what the a.g. says are untruths and these statements of financial condition because they said they were worth $2.5 billion and had $50 million in cash on hand. they got very beneficial interest rates. the attorney general s office has laid out evidence that shows they weren t entitled to that. every year as donald trump s financial position worsened in the course of the last decade, they found ways to bolster those numbers artificially. the other big pot of that is about $180 million from the sale