As the questioning of witnesses continued this morning at former President Donald Trump trial in New York where he is accused of "numerous acts of fraud and misrepresentation" to inflate Trump's net worth while lowering his tax burden, Judge Arthur Engoron issued an order outlining the next steps to dissolve Trump's companies.
Last week, Engoron found that Trump and his adult sons used fraudulent documents to conduct business and ordered the cancellation of his business certificates. Trump appealed that ruling yesterday.
In today's order, Engoron asks the defendants to provide a list of "entities controlled or beneficially owned by Donald J. Trump" and the other co-defendants to the Hon. Barbara S. Jones, the independent monitor overseeing Trump's business activities. Trump is also required to notify Jones of any news business applications or changes to preexisting entities.
Inb4 nothing happens. Because nothing ever happens. I was hopeful 6 years ago, I'm broken now.
His New York based companies are up for chapter 7 bankruptcy liquidation, that pretty much means gone and dusted, at least that's based on YouTube lawyer recent video. Legaleagle
Thanks for the link what a great breakdown. I knew it was bad for him but it's so much worse than I thought!
The caveat is that this all holds up on appeal. I hope it does but, this would hardly be the first time he's managed to escape accountability.