A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.

  • fiat_lux@kbin.social
    10·
    1 year ago

    For anyone else wondering but who doesn’t want to click:

    Manhattan prosecutors had looked into bringing criminal charges over the same conduct but declined to do so

    If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.

    So again, the worst punishment for the rich is having a small portion of their ill-gotten gains taken away. The people of Manhattan need to get on their prosecutor’s cases and get some criminal charges going.

    • Jordan LundEnglish
      3·
      1 year ago

      It’s a little bit more than that, but we won’t know what until the trial on Monday.

      Possible outcomes:

      Trump org is dissolved.
      Assets are seized.
      Trump, Jr., and Eric are banned from ever being corporate officers in NY.
      5 year ban on obtaining loans.

      • fiat_lux@kbin.social
        2·
        1 year ago

        Here’s hoping, but I dont have much faith that they haven’t already shell-gamed the good assets into other non-NY companies.