Judge fines Trump more than $300 million, bars from running businesses in New York for three years
Judge fines Trump more than $300 million, bars from running businesses in New York for three years
The former president denied any wrongdoing, calling the case "a fraud on me."
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Three years? Are you shitting me?
For real, look at this shit
"Their complete lack of contrition and remorse borders on pathological. They are accused only of inflating asset values to make more money. The documents prove this over and over again. This is a venial sin, not a mortal sin. Defendants did not commit murder or arson. They did not rob a bank at gunpoint.
"Some will rob you with a six-gun, and some with a fountain pen," really great to see how far we've come since that was written
But I digress,
Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways," Engoron wrote.
"Defendants’ refusal to admit error — indeed, to continue it, according to the Independent Monitor — constrains this Court to conclude that they will engage in it going forward unless judicially restrained," he added.
The ruling also bars the Trump sons — who've been running the company since their father went to the White House — “from serving as an officer or director of any New York corporation or other legal entity in New York for a period of two years.”
So, yeah, I guess the headline was shitting you, because at best it's going to be effectively a two year ban for this pack of pathologically remorseless creeps who the judge admits are definitely going to reoffend. Ain't justice grand? /s
Yeah, I really don't think people should be celebrating this. This is practically giving people permission to cheat on their taxes considering they still came out on top in terms of profiting overall.
I definitely understand wanting to celebrate, people have been waiting for this asshole to get what's coming to him since at least 2016
But yeah, this really isn't the death blow it could/should have been
Small New York business should protest and / or sue the courts for not fairly applying justice or something. I’m not a lawyer.
It could be a lifetime sentence!
Inshallah
That's what blows me away. It's not 3 years for being innocent, bc the judge assigned it for being GUILTY!?
Think of it like a three year ban from the NFL. In theory it's not permanent, but in practice it is.
Is it? I mean I'd prefer it if Trump didn't live to 80, but Rupert Murdoch is 92 and still clinging on to power.
The problem is resuming operations after a three year hiatus.
I would be very surprised if they didn't have some sort of contingency plan set up for this since they knew it was a possibility.
The contingency is getting his Daughter-in-law appointed head of the RNC. She's already she'd give all RNC funds to trump.
In that case, good. It drains their war chest. But I'm not convinced it will happen.
It really harms down ballot candidates as well. Do it!
Sure, but it's still a problem. Trump could abandon New York, but re-entering the NY market after three years would be like starting over. Probably not worth it.
Or he could turn over control to someone like Ivanka. But for it to survive, she will have to put in her own people and make new contacts of her own. After three years it will effectively be her company, nobody involved will want to see Donald return.
That was my thought. The money is a lot and cool, but we know he’ll never have to really pay it. It won’t change a thing wrt how he’s currently living his life. He could set up a GoFundMe and people would throw money at it like Bannon’s border wall scheme.
The business thing though - with our luck that fucker will still be alive in 3 years, running for president again or some shit, and open up another business in NYC just to spite this and do the fraud all over again.
I said this to someone else- I sincerely hope Donald Trump doesn't make it to next month, let alone 80, but Rupert Murdoch is 92 and still running News Corp.
I said it in 2016 and every year after yet here we are.
And even when he finally does kick the bucket, we’ll never be free of him. The conspiracy theories surrounding however he goes will make the JFK assassination ones look amateur.
He's going to end up selling off a lot of properties over this. He may even lose the tower where he has lived for decades.
I did not think about that. Thanks for the correction!
That's the death of the company. Nobody in his family can run this business now. It'll continue on with someone they have hired to manage it, but the judge will keep his eye on them with the monitor for a very long time.