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.
Why the fuck not prison?
Well, there wouldn’t have been prison in any case from this trial, as it was a civil suit, not a criminal one. But, he is facing 91 felony charges in total spread across a few cases that are currently working their way through the court, so maybe. Probably not. But maybe.
And here I thought fraud was a criminal matter.
Good point. Silly me.
It’s still an interesting question. Why was this a civil case rather than criminal?
And there’s no great answers. Basically a lot of it comes down to civil being easier to win and a safer bet than criminal proceedings.
https://apnews.com/article/crime-new-york-lawsuits-manhattan-bb0b240218679e38f59b6fe28566272c
Hurting his finances is arguably more effective. Going to jail makes him a martyr to his supporters, and he can appeal a criminal charge until he dies. Taking his money makes him a loser right now.
Also, doesn’t a criminal fraud charge requires a victim, meaning a complainant that can show they have lost money as a result of the defendant’s actions? I’m sure those people exist, but that’s not what this particular trial was about. However, maybe others will come forward now that he has lost this trial.
doesn’t he like literally never pay debts or fines though? i mean this is for practical purposes useless.
He’s old enough to retire and collect social security. He only does shit because of his own boredom at this point in his life.
The financial penalty reflects those lost profits, with nearly half of the $355 million — $168 million — representing the interest that Mr. Trump saved, and the remaining sum representing his profit on the recent sale of two properties, money that the judge has now clawed back from Mr. Trump and corporate entities he owns.
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.
In Norway, we have had a wave of politicians leaving their minister posts or other high positions due to tax evasion on use of governmental appartments, small incidents of inside trading and lack of citations/plagiarism on their master thesis. It all seems so small nd innocent comparred to what Trump has done while still running strong for his party.
it says a lot about the political coverage in the media and half of the voting population, but I’m not sure it says something about all of us. some of which were raising alarms and flags for 50 years (I’m not that old but I know people that were) and were ignored. sometimes intentionally.
In history it’s often portrayed as thirds.
A third is complicit in supporting fascist ideology
A third are active in fighting against fascist ideology
And a third are ignorant of any side and don’t care if one or the other is supported so long as they are able to eat, have shelter and get by.
It’s the ignorant masses that are the most volatile because all that’s needed is a brief moment of their attention to change the course of history.
I have been speaking out against Donald Trump since he made the comment in his debate with Hillary Clinton about keeping us in suspense when they asked him if he’d accept the results if he lost.
In all of this time I have changed only one mind. ONE.
I said then, “I promise you, if he loses, he’ll claim it was stolen.” “No he won’t. He’s just making a show of it. He’s a really smart man and he’s playing with these career politicians.”
He won.
When he ran again, I reminded them of what he said in the debate with Hillary Clinton. When he lost, he did exactly what I said he would do (what HE said he would do). It didn’t matter that he won the last time. Still, nearly all of them said, “Well, they cheated the first time but they didn’t cheat hard enough. They cheated this time and Covid helped with voting by mail. Dead people voted.”
Even though he told them all EXACTLY what he would do if he lost, they still followed whatever he said after that and made excuses.
It blows my fucking mind.
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!
Hahaha!!
Come up with the money or secure a bond within 30 days
Or what? Does anyone think he’s actually going to pay?
He’s going to Alex Jones it at worst, and at best do the same but smarter.
Does anyone think he’s actually going to pay?
Then they seize his assets to cover it. Trump Tower goes to public auction.
Hahahahahaa… ahhh beautiful
In his unconventional style, Justice Engoron criticized Mr. Trump and the other defendants for refusing to admit errors for years. “Their complete lack of contrition and remorse borders on pathological,” he said.
Borders. Sure.
You would put a cesspit at the edge of camp so you would be as far as possible from the smell.
His lack of contrition and remorse sits right knee deep in a cesspool border.
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.Could this ruling result in criminal charges or are there already proceedings underway in this matter? I mean, the judge has determined that Trump is personally responsible for fraud amounting to several hundred million dollars, right? Accordingly, he himself is banned from doing business in the state of New York for the next three years, which makes it clear that Trump himself has been found to have committed fraud. But is that all? Fraud on this scale must also be criminally relevant, mustn’t it? Or is it really possible in the USA to get off the hook simply by paying a fine, even for such serious criminal misconduct?
OJ Simpson was found not guilty criminally and guilty civilly. It’s a thing.
Yes, seems so. But it’s really the weirdest thing, i’d say.
The weirdest thing is the platypus. That mf’er glows under UV.
Damn, that’s another level of weird indeed.
Legally, it can be explained quite easily. Civil liability must only rise to the standard of “preponderance of the evidence”, meaning something like ‘more likely than not’. A criminial conviction however, must rise to the standard of “beyond reasonable doubt”. That’s the difference.
I get that. I just don’t understand why the public prosecutor’s office didn’t at least try. But hey, maybe they will later on. I guess we will have to wait and see.
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.”
He defrauded everyone else. Surely he won’t defraud us.
- Republican voters
$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
He has to wait to grift money from his cult of followers to pay for this again. $100 says they make merch to sell off this shit.
from what I have read, this $450 million fine must come from assets, and not campaign funds.
I don’t know about the e jean money, but for this he’s going to have to eat himself.
and just remember, the republican national committee currently has $8 million in the bank in an election year, that the new leadership promises will 100% go to elect trump. the money that’s leftover from paying his legal bills that is.
It irks me that while Trump is usually called by his last name, like all men, when people talk about women they casually use their first names like Hillary or, in this case, E Jean. It’s such a casual and mindless form of disrespect that few seem to notice.
Edit: WTF, no, Clinton’s last name wasn’t “already taken” by her husband. That’s even more disrespectful. You can easily infer who is referred to from context, using her full name or even “Ms Clinton”.
I think in Hillary’s case it could be that Clinton was already taken by her husband.
Is that broadly true? Hillary is Hillary because “Clinton” would obviously refer to Bill, since he was President. She also embraced the first name reference in her campaign materials. What about other famous women? Margaret Thatcher is Thatcher, J.K. Rowling as Rowling, Angela Merkel is Merkel. On the other side Bernie Saunders is Bernie. Perhaps calling someone by their first name is a sign of affection, not disrespect?
Called it: https://lemmy.world/post/12090995
Only banned for 3 years though…
Honestly, the whole ruling is utter bullshit based on both the amount of fraud and Trump and his lawyer’s behavior in court.
Contempt charges should have been made.
Absolutely. And if this were someone who wasn’t Trump, they probably would have.
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.
That’s just wrong.
Yep, it’s not like whoever works for his companies isn’t going to take direction from him, regardless of whether he has a title or draws a salary.
He’ll either be dead, hiding out in Russia or Saudi Arabia, or president by then.
I don’t know if Russia or Saudi Arabia will protect him once he is no longer a useful idiot.
He’s a cult leader. As long as he’s alive and has a platform, he’s useful for destabilizing the US.
Dead, he’ll be a martyr to MAGA. I think the best hope is demographics, MAGA will age out.
Trump is too much of a narcissist to be grooming his eventual successor. Which means that when he finally shucks off his flabby mortal coil, there’s going to be a power grab for control of the cult and they usually don’t survive that. Everyone from his children to Marjie Traitor Greene is going to claim they’re the heir to the MAGAt movement.
Sure, but it soon be reaching a bit when MAGAs are dying of old age faster than new MAGAs are created.
Maybe prison
Please and thank you.
3 years might be long enough to let the big macs catch up to him
It really should be permanent based on the scope of fraud.
That’s close to lifetime for him.
But not for his kids. And they’ll get to keep Trump Tower in the family.
but will they really? one, I can see A. LOT. more massive fines being applied here. he owes nearly a half BILLION in fines and penalties now.
two, he’s no longer nominally in charge. if the monitor says assets need to be sold assets are getting sold.
and three, being banned by new york from being on or running/owning any corporation is not an insignificant matter. in fact, it would say quite a bit if a company did associate with them after the penalty has expired. “junior and eric trump defrauded new york out of millions of dollars five years ago. you want to hire them on? what if they do that to us?”. were this in a state like wyoming or north dakota where no one lives and no one really cares it would be one thing. but this is in probably the financial capital of country, if not the world. being banned from doing business in a place where business is constantly happening is bad, and people will remember that.
