The judge’s ruling in Donald J. Trump’s civil fraud case could cost him all his available cash. It also bars the former president from running a business in the state for three years.
I’m no expert by any means but I think once he’s kicked out of NY, it’s going to be pretty difficult for him to get back in.
He also has the court appointed monitor for the next 3 years which he already complained is costing him money (by stopping him from committing more fraud).
On top of that, banks will think twice before doing business with him in the future making it very difficult for him to make money without risking what he already has
While I agree that it should have been much more, I think (well more of a hope) that the long term damage this will do will cost him and his family far more than if he never committed fraud in the first place… Then again, he’s shown an amazing ability to avoid consequences this far
Oh… I misunderstood that part then, I thought that part of the order was still in place. That’s not as bad for him. My hope is that the monitor digs up a lot more dirt in that time and hands it over, like they did a month or so back
I’m no expert by any means but I think once he’s kicked out of NY, it’s going to be pretty difficult for him to get back in.
He also has the court appointed monitor for the next 3 years which he already complained is costing him money (by stopping him from committing more fraud).
On top of that, banks will think twice before doing business with him in the future making it very difficult for him to make money without risking what he already has
While I agree that it should have been much more, I think (well more of a hope) that the long term damage this will do will cost him and his family far more than if he never committed fraud in the first place… Then again, he’s shown an amazing ability to avoid consequences this far
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Oh… I misunderstood that part then, I thought that part of the order was still in place. That’s not as bad for him. My hope is that the monitor digs up a lot more dirt in that time and hands it over, like they did a month or so back
He’s not allowed to control or direct the company for those 3 years, and the sum of the judgment might be enough to force the company to be sold off
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