HLMenckenFan@lemmy.world to News@lemmy.worldEnglish · 2 years agoDonald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge findswww.businessinsider.comexternal-linkmessage-square28linkfedilinkarrow-up1721arrow-down110
arrow-up1711arrow-down1external-linkDonald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge findswww.businessinsider.comHLMenckenFan@lemmy.world to News@lemmy.worldEnglish · 2 years agomessage-square28linkfedilink
minus-squareMojojojo1993@lemmy.worldlinkfedilinkEnglisharrow-up44arrow-down2·2 years agoAnd will anything happen?
minus-squarenaonintendois@programming.devlinkfedilinkarrow-up63·2 years agoSays the judge revoked ALL of his business certificates in New York. Trial will continue to assess damages he must pay.
minus-squareMojojojo1993@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·2 years agoBut if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up7·2 years agoIt’s effectively no longer his to be declared bankrupt, the NY state will be appointing people to control it. This is the one he can’t escape from
minus-squareHoustonHenry@lemmy.worldlinkfedilinkarrow-up2·2 years agoHopefully, one day, Alex Jones will be made to pony up what he owes
minus-squareME5SENGER_24@lemm.eelinkfedilinkEnglisharrow-up5arrow-down2·2 years agoIs he able/or has he already given these to his children yet? You know, like Mar-A-Lago
minus-squarenaonintendois@programming.devlinkfedilinkarrow-up11·2 years agoThis article explains some of the consequences https://www.businessinsider.com/trump-fraud-ruling-corporate-death-penalty-for-his-empire-experts-2023-9 I’m not sure what restrictions will be when he obviously tries to appeal. Can’t go to his sons though since they’re also affected by the order.
And will anything happen?
Says the judge revoked ALL of his business certificates in New York. Trial will continue to assess damages he must pay.
But if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids
It’s effectively no longer his to be declared bankrupt, the NY state will be appointing people to control it. This is the one he can’t escape from
Hopefully, one day, Alex Jones will be made to pony up what he owes
Is he able/or has he already given these to his children yet? You know, like Mar-A-Lago
This article explains some of the consequences https://www.businessinsider.com/trump-fraud-ruling-corporate-death-penalty-for-his-empire-experts-2023-9
I’m not sure what restrictions will be when he obviously tries to appeal. Can’t go to his sons though since they’re also affected by the order.