HLMenckenFan@lemmy.world to News@lemmy.worldEnglish · 1 year agoDonald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge findswww.businessinsider.comexternal-linkmessage-square31fedilinkarrow-up1735arrow-down110
arrow-up1725arrow-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 · 1 year agomessage-square31fedilink
minus-squareMojojojo1993@lemmy.worldlinkfedilinkEnglisharrow-up42arrow-down2·1 year agoAnd will anything happen?
minus-squarenaonintendois@programming.devlinkfedilinkarrow-up58·1 year 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-up6arrow-down1·1 year agoBut if he declares bankruptcy ? Plus he can just hide his business in shell companies or his kids
minus-square【J】【u】【s】【t】【Z】@lemmy.worldlinkfedilinkarrow-up2·edit-21 year agoCan unlicensed biz orgs seek bankruptcy protection? The recievership can.
minus-squareHoustonHenry@lemmy.worldlinkfedilinkarrow-up2·1 year agoHopefully, one day, Alex Jones will be made to pony up what he owes
minus-squareME5SENGER_24@lemm.eelinkfedilinkEnglisharrow-up5arrow-down2·1 year agoIs he able/or has he already given these to his children yet? You know, like Mar-A-Lago
minus-squarenaonintendois@programming.devlinkfedilinkarrow-up8·1 year 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
Can unlicensed biz orgs seek bankruptcy protection?
The recievership can.
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.