this post was submitted on 17 Feb 2024
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Donald Trump won’t face the corporate death penalty after all.

A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans and other benefits.

Still, Trump got slammed hard, facing big cash penalties, outside supervision of his companies and restrictions on his borrowing.

In a pretrial ruling last year, the same judge threatened to shut down much of the Republican presidential front-runner’s business by calling for the “dissolution” of corporate entities that hold many of his marquee properties. That raised the specter of possible fire sales of Trump Tower, a Wall Street skyscraper and other properties.

But New York Supreme Court Judge Arthur Engoron called off the dissolution.

Instead, he said the court would appoint two monitors to oversee the Trump Organization to make sure it doesn’t continue to submit false figures.

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[–] LufyCZ 1 points 10 months ago (1 children)

You're being unrealistic because he received that money over the course of a decade as a payment for actual services, even of the cost of said services might've been inflated to fit the pay offs.

This time, he'd suddenly be receiving stupid amounts of money into the company account, which the fine will be paid from. The same account that's currently (afaik) under the control of US officials.

It's just not that easy.

[–] themeatbridge 2 points 10 months ago (1 children)
[–] LufyCZ -1 points 10 months ago (1 children)

Have you heard of hotels? Venues?

Don't let hatred blind your judgement, it makes you look dumb.

[–] themeatbridge 2 points 10 months ago (1 children)

Right, you're pretending Trump is a legitimate businessman with no suspicious entanglements, but I should take your advice on how I look because you're such an astute observer of human intelligence.

[–] LufyCZ 1 points 10 months ago

Have you heard of gangs using restaurants as a front for other less legal businesses?

They do still serve pizza there. If it happens to cost $60 and it comes with a sack of white sniffy stuff is another thing.

But yeah keep pushing unlogical shit, it really works if all you're trying to do is scream into a wall.