- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
Judge Arthur Engoron, ruling Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing financing.
Am I stupid for feeling skeptical still?
They’re dissolving his NY state based companies, that’s very big
What’s especially interesting to me about that is that in certain industries (real estate seems a likely one, insurance is the one I know for certain), other states will ask when granting/renewing licenses whether there has been official action against the licensee and/or a licensed business entity they were an officer/partner of… And decline to issue the same license based on that action.
Not to say the biz can’t continue in, say, FL, but some significant restructuring of officers and the like may be required. I don’t think business licenses or corp filings ask the same questions, but that may vary by state. In either case, this is a bigger problem for him than “not doing business in NY”
Are you stupid for using your five senses and memory of recent events synthesized by your ability to recognize patterns? No. You’re not stupid.
This comment seems misunderstood, judging by the downvotes.
Hahaha was it downvoted? Boost only shows the net. I’m at 1 right now.
Lmao. How does this happen? I think so fucking long and hard before a downvote. I’m validating the person’s insecurity in their sanity!
Dude! You saved the day!