Judge orders Trump to pay nearly $355 million in civil fraud trial

Ugh …… but it’s okay for the county and/or state of New York to profit from what it thinks is “profit from fraud” in which there were factually no victims?? That’s just governmental overreach, theft …. confiscation of an entity’s aftertax accumulated earnings.

BYW, it was not a “prosecution” by the state as it was a civil matter.

 

you claim that the crime they committed isn't a crime because there was no victim. I present you a case where there is a crime with no victim suffering adverse consequences and you move the goalposts. Not a surprise

 

Another case of GOP intentional incomprehension?

 

So no harm no foul when it comes to financial crimes? The next Enron is fine as long as they don't cause harm?

And there was a criminal charge. Against Trump CFO Weisselberg. This civil charge was punishment against the Corp, for again, profiting from fraud. Which you agreed arguing should be OK as long as nobody gets hurt?

 

I mentioned that this was going to be illegal on the federal level... Federal law trumps (pun intended) state law every single time... You cannot supersede or ignore Constitutional laws. Not even in New York.

And you cannot make Trump putout his own money down just to get the appeals court to look into this erroneous case by New York. That's like paying money, ahead of time, for justice. Is that even legal?

 

Yes, it’s quite legal and very common to require the defendant to put up the fine, judgement, disgorgement or an equivalent bond in order to appeal.

 

I know, right? Total government overreach. They’d probably call for a drunk taxi cab driver to get convicted of a DUI even though he never got in an accident and all his patrons were happy with his service.

 

Letitia James is trolling him by posting the interest accrued each day on Twitter.

 

LOL. What do you think happens to the money when you pay your speeding ticket?

 

Trump appeals Engoron decision

Trump appeals $355 million ruling in NY civil fraud case (msn.com)

"The appeals court - formally called the Appellate Division, First Department - potentially could put the judge's ruling on hold during an appeals process that could last a year or longer."

 

and they could just deny his appeal in short order. do you think he will start insulting the appellate court before or during the appeal?

did he have to post a bond to appeal?

 

I don't know NY law. In Florida, at least, you don't have to post an appellate bond to file a notice of appeal; however, the posting of the bond results in an automatic stay of the money judgment so that the judgment creditor cannot execute on the judgment during the appeal. I am sure Trump will be asking the appellate court in New York to stay the proceedings without a bond. I don't know whether it can do so or whether it will be inclined to do so.

 

Didn't say in the article I found. I expect more details will be known later this week.

 

Just charities, including from our Veterans…

 

For me the question is, what, if ANY, of Trumps business concerns are run legally and above board?

 

It's hard to tell if this is Trump's Demetia kicking in or what, but Trump told reporters NY State will be gone if he doesn't win his appeal ... not sure where he thinks the state of NY is going to go, but OK, Donald, time for your nap...

• Trump told reporters at the time of the ruling that he'd appeal the decision, and "if we're not successful, New York State is gone."

Trump appeals $364 million decision in N.Y. civil fraud case (msn.com)

 

He didn't post the bond. He doesn't have the cash on hand. It doesn't look like he can cover the needed bond for the Carroll case, either.

NY State has no obligation to even entertain this appeal or put on any hold without the cash bond.

 

I could be wrong but I think the court will still rule on the appeal, but at the same time, the interest will continue to accrue daily and the AG can proceed with collecting the funds regardless of the status of the appeal.

 

You need to listen to his comments as he expands on that "New York State is gone". It's not a well constructed statement but ..... the snippet included in the Axio story is misleading to the extend it didn't include everything he said after. But who's surprised by Axios' short article and your post. TDS strikes, yet gain.

 

@gaterzfan : Here’s one article from AP that discusses why Trump, BY AGREEMENT, had is “charitable” foundations shut down.

Judge fines Trump $2 million for misusing charity foundation

“The president admitted, among other things, to arranging for the charity to pay $10,000 for a 6-foot portrait of him. He also agreed to pay back $11,525 in foundation funds that he spent on sports memorabilia and champagne at a charity gala.

Trump also accepted restrictions on his involvement in other charitable organizations. His three eldest children, who were members of the foundation’s board, must undergo mandatory training on the duties of those who run charities.”

Here’s another one that discusses the history of what led up to the settlement including the payment of $25g to Pam Biondi, of all people, to influence her to stop investigating Trump University. Such a small world.

https://www.npr.org/2018/12/18/6777...n-to-dissolve-amid-new-york-ags-investigation