That's not the American way."
James did not find a crime she could prosecute criminally, but she was able to fulfill her campaign promise to sue Trump. However, Dershowitz told host Tom Basile there is just no victim in what she has alleged.
Dershowitz admitted "I don't know" who the victim in this lawsuit against Trump is.
"Certainly, it's not the big banks," Dershowitz told Basile. "They have an obligation: If somebody wants to sell me a house, and he says it's worth $1 million and Zillow says it's worth $500,000, it's my obligation to check what it's worth. Banks have enormous resources to be able to check.
"Takes the big case that Le ia James focuses on: 40 Wall Street. Trump says it's worth half a billion. She says it's worth only a quarter of a billion. It's an easy issue to assess. You go and do the square footage. You figure out how much square footage is selling for in Wall Street at this particular point in time, and you do your own evaluation."
Even if there might be a issue on the tax audit, the case would be "daunting" for the government to prove wrongdoing, Dershowitz added.
"We'll see where the facts come out, but again, nobody should ever be targeted based on the fact that they may be running for president," Dershowitz said. "That's just wrong, and it would be just as wrong if they targeted Joe Biden or if they had targeted Hillary Clinton.