Tump Ordered to Pay Over $350 Million in Fraud Case

[Magnus]

A Manhattan judge ruled Friday that Donald Trump and his business should pay more than $350 million for misrepresenting his wealth for financial gain, and placed restrictions on some of the former president’s future business activity.

Justice Arthur Engoron, who previously held that Trump had violated a New York fraud statute, also concluded Friday that Trump, his eldest sons and two former top finance executives were civilly liable for falsifying records, issuing false documents and related conspiracy offenses. The case stemmed from a lengthy state probe of low-interest financing deals Trump made with lenders before his political rise.

Engoron said Trump wasn’t Bernard Madoff, but the judge blasted the former president and other defendants for being “incapable of admitting the error of their ways.”

“Their complete lack of contrition and remorse borders on pathological,” Engoron wrote in the 92-page decision. “They are accused only of inflating asset values to make more money. The documents prove this over and over again.”

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Another day... another hundred million dollars in fine. Looks like the chickens are coming home to roost.

 

[1srelluc]

Dupetastic!

 

[OhPleaseJustQuit]

Dupetastic!

.

The vapid left really, really do think that they only have to say something as many times as it takes for it to be true.


.

 

[okfine]

A Manhattan judge ruled Friday that Donald Trump and his business should pay more than $350 million for misrepresenting his wealth for financial gain, and placed restrictions on some of the former president’s future business activity.

Justice Arthur Engoron, who previously held that Trump had violated a New York fraud statute, also concluded Friday that Trump, his eldest sons and two former top finance executives were civilly liable for falsifying records, issuing false documents and related conspiracy offenses. The case stemmed from a lengthy state probe of low-interest financing deals Trump made with lenders before his political rise.

Engoron said Trump wasn’t Bernard Madoff, but the judge blasted the former president and other defendants for being “incapable of admitting the error of their ways.”

“Their complete lack of contrition and remorse borders on pathological,” Engoron wrote in the 92-page decision. “They are accused only of inflating asset values to make more money. The documents prove this over and over again.”

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Another day... another hundred million dollars in fine. Looks like the chickens are coming home to roost.

That makes Trump a loser again.

 

[two_iron]

He hasn't paid a dime.

That fact is lost on them.

 

[wamose]

This pretty much puts the last nail in the coffin of NYC justice.

 

[Fort Fun Indiana]

This pretty much puts the last nail in the coffin of NYC justice.

No, sorry, Trump faces a criminal trial there soon.

 

[Fort Fun Indiana]

Their complete lack of contrition and remorse borders on pathological,” Engoron wrote in the 92-page decision.

What the American public has known for a while.

 

[Dont Taz Me Bro]

We've had multiple threads on this today. They've been merged into one large one.