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Judge rules Donald Trump defrauded banks, insurers as he built real estate empire (apnews.com)

submitted 9 months ago by Whiskey_iicarus@lemmy.world to c/politics@lemmy.world

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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.

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[-] mateomaui@reddthat.com 58 points 9 months ago

hell yeah

Engoron ordered that some of Trump’s business licenses be rescinded as punishment, making it difficult or impossible for them to do business in New York, and said he would continue to have an independent monitor oversee the Trump Organization’s operations.

[-] ChunkMcHorkle@lemmy.world 12 points 9 months ago* (last edited 2 months ago)

deleted by creator

[-] mateomaui@reddthat.com 5 points 9 months ago

Yes, read it from another post! As far as I can tell the only Trumps who dodged it are Ivanka and Tiffany.

[-] Buddahriffic@lemmy.world 9 points 9 months ago

At this point, who is stupid enough to do business with Trump that would also care if he has a business license?

And why would Trump even pretend to do legitimate business after finding a donation grift that keeps on giving the more trouble he gets in?

[-] mateomaui@reddthat.com 15 points 9 months ago

who is stupid enough

Republicans

why pretend to do legitimate business

donations laundering

this post was submitted on 26 Sep 2023

1076 points (98.8% liked)

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