Trump could soon be in big legal trouble for inflating his net worth
vox.com
New York’s attorney general wants a speedy ruling in the case over Trump’s business dealings.
New York’s attorney general wants a speedy ruling in the case over Trump’s business dealings.
huh, turns out orange man really was bad.
If only someone would have said something!
And turns out like 74,223,369 people in the USA were too
It was one of those things, how do you call it? Surprises? No, the other one. Obvious, it was extremely obvious.
Turns out his idiots don't really care if bad.
I’m starting to grow tired of all his winning…
As long as he isn't in prison, he's actually winning. We need him locked up.
The schadenfreude of the president who helped spread "lock her up" being the locked up... oh I look forward to that day!
Thinking you might have meant "whining".
I’ll believe it when I see it. How many years has there been enough evidence to charge the cocksucker in plain sight and still nothing significant has happened to him.
I’ll cheer when he’s sentenced.
he lost his charity in NY, this will further that to all his businesses and properties.
this might not end with jail time but this is going to end Trump in NY and add fuel to his other legal problems
"What's $2 billion between frauds...friends! I mean friends!
This is the best summary I could come up with:
New York Attorney General Letitia James is seeking a speedy judgment against former President Donald Trump for allegedly inflating his net worth by billions of dollars to fraudulently secure favorable loan and insurance terms for more than a decade.
In a filing Wednesday night in New York court, James argued that Trump, his sons, and his business had obtained “hundreds of millions of dollars in ill-gotten savings and profits” and that, given the volume of evidence her office has collected, the judge should issue what’s known as a summary judgment, essentially a ruling without the trial scheduled on October 2.
Together, Trump’s civil and criminal cases continue to dominate the 2024 Republican primary calendar, and his legal troubles have consumed millions of dollars of his campaign funds.
She also argues that Trump valued his Mar-a-Lago estate in Florida as if he could sell it as a single-family residence, rather than as the social club that it is required to be under multiple restrictive deeds.
She argues that the answer to both of those questions is “yes” based on the evidence her office has presented, and that is enough to support finding Trump liable for fraud and barring him from conducting business under New York state law.
“… [T]he undisputed evidence establishes that Defendants employed a variety of deceptive schemes to grossly inflate values for many of Mr. Trump’s assets,” she writes.
The original article contains 834 words, the summary contains 231 words. Saved 72%. I'm a bot and I'm open source!
Choo choo jail train! All on board!
This is a civil trial, so it would be a monetary penalty and would prevent him from doing business in NY.
This is true. However, I would fully expect any company that relied on those estimations to immediately sue him as well. Which just adds to his stress and legal woes, which makes me happy :)
Will it keep off the ballot in New York?
Probably not since, all evidence to the contrary, a presidential campaign isn't officially considered a for-profit business. Or even a non-profit business, which he's already not allowed to do in New York.