N.Y. AG calls for $370 million fine against Trump and lifetime ban from real estate industry

MicroWave@lemmy.world to News@lemmy.world – 609 points –
N.Y. AG calls for $370M fine against Trump and lifetime ban from real estate industry
nbcnews.com

Attorneys from James’s office requested the punishment in post-trial motions filed Friday in the Trump fraud case.

New York Attorney General Letitia James is calling for a $370 million fine against former President Donald Trump and his companies and a lifetime ban on him and two of his former company executives from the real estate industry in the state.

Attorneys from James' office requested the punishment in post-trial motions filed Friday in the Trump fraud case. They said that Trump owes $168 million of interest allegedly saved through fraud; $152 million 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 transfer of the Ferry Point Golf Course contract; and $2.5 million from severance agreements for former Trump Organization chief financial officer Allen Howard Weisselberg and ex-Trump Organization controller Jeff McConney.

James also called for lifetime bans for Trump, Weisselberg and McConney from participation in the real estate industry as well as from serving as officers or directors in New York corporations or entities. The attorney general also asked for five-year bans for Trump's eldest sons, Donald Trump Jr. and Eric Trump, with the same conditions.

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so after lots of investigation into this shitstain, the NY AG says he can't be trusted to even participate in business in the state of NY.. not just real estate, he can't serve as an officer in any corporation, because he can't be trusted..

yet everyone who voted for him gave him access to all of our secrets, and the ability to destroy lives if he felt like it

Thanksfully he has also been reported to be grossly incompetent and inept so this might have saved us.

"Surely he's gonna hurt the people I hate the most this time!"- Inbred Fuck-Stick.

Seems fair.

I don't know, banning Trump from real estate for just a year or two doesn't seem like much.

James also called for lifetime bans for Trump, Weisselberg and McConney from participation in the real estate industry as well as from serving as officers or directors in New York corporations or entities.

It's lifetime. I mean, it's right there in the title. You didn't even have to read the article.

I'm guessing you are being sarcastic, or joking that lifetime for Trump is just a year or two. But it's impossible to tell for sure, If it's sarcasm, I'd recommend adding a /s so it clear.

My upvote ratio suggests my gamble paid off this time.

No, no! Do not bring that reddit bs /s.

Fuck anyone that doesn't grasp sarcasm.

Omg you’re still going on about this! Dude, let it go. You are the only person I ever see complain about the use of /s.

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He can easily afford this. His lawyers keep telling everyone...

  1. Trump is a multi-billionaire.
  2. Maralago itself is worth half a billion (or more) so he only needs to sell one property.
  3. Everyone across the known universe wants to do business with Trump because he is so successful and famous. He will be back on his feet in no time, in fact he is probably laughing at how pitiful this penalty is. /s

In a separate motion filed Friday, the defense attorneys said the evidence doesn’t support a finding that he intended to defraud, and said the same applies to Weisselberg and McConney. The lawyers argued that attorney general’s office has failed to prove insurance fraud and has not demonstrated any real-world impact, and banks did their own due diligence on the financial statements.

Reminds me of something else:

That didn't happen.

And if it did, it wasn't that bad.

And if it was, that's not a big deal.

And if it is, that's not my fault.

And if it was, I didn't mean it.

And if I did, you deserved it.