Trump is a loser.
This is the takeaway we need to impress on a MAGA crowd, that is immune to all the immorality and treason.
this post was submitted on 16 Feb 2024
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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.
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(14 replies)
This is a reflection of America ... not of Trump
The fact that someone this corrupt continues to have a political career says more about America than anything else.
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(4 replies)
$354 million here...
$83.3 million to E. Jean Carroll
$5 million on the first E. Jean Carroll case..
So $442,300,000 - Yow!
He better start writing some checks before there's a land rush for Trump Tower.
Because of the $100 million debt, Forbes magazine calculated the tower's net worth at $371 million
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(6 replies)
This Friday afternoon martini is going to taste extra delicious.
Make it a double!
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Republicans: “man, I just can’t think of a better candidate than this convicted fraudster. He can defraud the world and make America great again, again, again.”
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(1 replies)
F U Trump-a-roo.
Hahaha!!
Only banned for 3 years though...
He’ll either be dead, hiding out in Russia or Saudi Arabia, or president by then.
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(5 replies)
That’s close to lifetime for him.
But not for his kids. And they'll get to keep Trump Tower in the family.
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It really should be permanent based on the scope of fraud.
Honestly, the whole ruling is utter bullshit based on both the amount of fraud and Trump and his lawyer's behavior in court.
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And only banned from serving as an officer or director. Engoron cancelled the dissolution order, so he keeps his real estate holdings and his ownership interests.
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(1 replies)
Loser.
Broke loser.
This is actually a massive win.
3 year ban from serving as an officer or board member, but doesn’t have to give up any companies, and retains ownership?
Given the rampant corruption and fraud and how long it’s been going on; that’s the least that should have happened.
This is the best summary I could come up with:
A New York judge on Friday handed Donald J. Trump a crushing defeat in his civil fraud case, finding the former president liable for conspiring to manipulate his net worth and ordering him to pay a penalty of more than $350 million that could wipe out his entire stockpile of cash.
The decision by Justice Arthur F. Engoron caps a chaotic, yearslong case in which New York’s attorney general put Mr. Trump’s fantastical claims of wealth on trial.
With no jury, the power was in Justice Engoron’s hands alone, and he came down hard: The judge delivered a sweeping array of punishments that threatens the former president’s business empire as he simultaneously contends with four criminal prosecutions and seeks to regain the White House.
Not only did Justice Engoron impose a three-year ban preventing Mr. Trump from serving in top roles at any New York company, including his own, but the judge also applied that punishment to the former president’s adult sons for two years.
Mr. Trump will appeal the financial penalty — which could climb to $400 million or more once interest is added — but will have to either come up with the money or secure a bond within 30 days.
Mr. Trump will also most likely ask an appeals court to halt the restrictions on him and his sons from running the company while it considers the case.
The original article contains 390 words, the summary contains 231 words. Saved 41%. I'm a bot and I'm open source!