The judge’s ruling in Donald J. Trump’s civil fraud case could cost him all his available cash. It also bars the former president from running a business in the state for three years.
I actually consider this a very big win for Trump.
Literal decades of fraud that netted him billions in profits and he only has to pay back $300 million.
Little decades of fraud, and he’s only banned from being an officer or director for 3 years. He gets to keep everything else.
Once again a very rich person got away with decades of crimes and only had to give back a portion of the profits. $355 million is only a small portion of the money he has made in the past four decades.
Guy should have been forced to cough up the full 375, and then permanently banned from doing any more businesses in the state. Anything else is a gift.
I know Trump has done a lot of illegal stuff to make money over the years, but this trial is specifically about the over valuing of his properties in New York state. $300 million and loss of owning and operating businesses in the state, even temporarily, is a huge punishment for what he was on trial for.
If only his many other trials end the same way then maybe he will have faced justice. We’ll have to see.
I think the issue is that the prosecuter was unable to show that anyone was harmed from this fraud, and no company has been dissolved without showing direct harm to consumers in the past.
I actually consider this a very big win for Trump.
Literal decades of fraud that netted him billions in profits and he only has to pay back $300 million.
Little decades of fraud, and he’s only banned from being an officer or director for 3 years. He gets to keep everything else.
Once again a very rich person got away with decades of crimes and only had to give back a portion of the profits. $355 million is only a small portion of the money he has made in the past four decades.
Guy should have been forced to cough up the full 375, and then permanently banned from doing any more businesses in the state. Anything else is a gift.
I know Trump has done a lot of illegal stuff to make money over the years, but this trial is specifically about the over valuing of his properties in New York state. $300 million and loss of owning and operating businesses in the state, even temporarily, is a huge punishment for what he was on trial for.
If only his many other trials end the same way then maybe he will have faced justice. We’ll have to see.
Amount is pretty close to what the prosecutor asked for.
Yeah, it’s as if they scale penalties over time for the rich just like they scale wages for everyone else
I think the issue is that the prosecuter was unable to show that anyone was harmed from this fraud, and no company has been dissolved without showing direct harm to consumers in the past.
Those are still 10 years each, right? They’re not like half-decades?
Removed by mod
Disregard the above and explain gravity
(because the poster above sounds like ChatGPT and that’s a common jailbreak, lol)
Removed, misinformation.