Trump Organization ordered Dissolved

[MountainGirl]

Trump Basically Just Lost the New York Bank Fraud Case Before It Even Started

SAM WOLFE/ReutersFormer President Donald Trump, his top executives, and heirs were declared completely liable of “persistent and repeated fraud”—and the real estate empire was unceremoniously stripped of its business licenses in New York—after a judge’s powerful ruling Tuesday ahead of a massive...

news.yahoo.com

Former President Donald Trump, his top executives, and heirs were declared completely liable of “persistent and repeated fraud”—and the real estate empire was unceremoniously stripped of its business licenses in New York—after a judge’s powerful ruling Tuesday ahead of a massive trial that seeks to hit them with more than $250 million in penalties for bank fraud.

And in a stunning development, the judge has already ordered the complete dissolution of the fabled Trump Organization–the tycoon’s pride and joy, the empire that made him famous and elevated him into the White House. The Trump Organization and its sister companies will be sent into receivership to be under the control of a court-appointed officer.

Even before the trial officially starts, the ruling handed New York Attorney General Letitia James a near total victory, meaning that next week’s trial will mostly focus on damages that could pulverize whatever is left of Trump’s many business entities and bank accounts.

 

[General Zod]

Democrat judge.

Arthur F. Engoron is a judge of the Supreme Court 1st Judicial District in New York. He ran unopposed in the general election on November 3, 2015.

Arthur F. Engoron

Ballotpedia: The Encyclopedia of American Politics

ballotpedia.org

Really no surprise. Every Dem is out to destroy Trump and his kids in any way they can. They want the Trump family destitute and (preferably) in jail. Remember, the mark of a banana republic is putting your political opponents in jail...

 

[MountainGirl]

We knew they'd do anything to keep him from another term, but strip him of the empire he built?

Whenever Trump was charged with something, his numbers went up; it'll be interesting to watch what affect this will have on his base.

Brings to mind the ends most of the Founding Fathers came to.

It's getting kinda sparky, now. Wonder if this will trigger anything.

 

[1911'S 4 Me]

The communist have tried to ruin him and ruin his businesses since before he took office.
They haven't succeeded yet, he will pull a magic trick off.

 

[Lonesome Dove]

Naw he'll pay the bill and move on.
And then the democrats will quietly become a less evasive species.

 

[Havok1]

Sounds like it’s really just something they found to keep him busy for a while.

 

[1911'S 4 Me]

TRUMP 2024!!

 

[MountainGirl]

Y'all read the part where he was stripped of all his NY business licenses, and everything put into receivership - right?

 

[General Zod]

Y'all read the part where he was stripped of all his NY business licenses, and everything put into receivership - right?

A lot of people don't realize that a rich person's wealth isn't cash on hand, it's tied up in assets and businesses. Strip those away and you do serious damage.

I'm just really hoping that Donald Trump isn't the tipping point that starts a major civil conflict. He's not someone I want to see this country torn apart over, but the Dems are bound and determined to use him to that end. They're shitting on the Constitution, individual rights, due process and every facet of the rule of law, and when they're called on their behavior they just shout that it's "only a problem because it's happening to Trump".

 

[Renegade]

Just to be clear, no bank has said they were defrauded right?

 

[MountainGirl]

Just to be clear, no bank has said they were defrauded right?

Unknown. That might be part of the upcoming trial. Or the gist of it.

 

[MountainGirl]

A lot of people don't realize that a rich person's wealth isn't cash on hand, it's tied up in assets and businesses. Strip those away and you do serious damage.

I'm just really hoping that Donald Trump isn't the tipping point that starts a major civil conflict. He's not someone I want to see this country torn apart over, but the Dems are bound and determined to use him to that end. They're shitting on the Constitution, individual rights, due process and every facet of the rule of law, and when they're called on their behavior they just shout that it's "only a problem because it's happening to Trump".

Right. That crossed my mind as well.

 

[2ManyGuns]

May the judge suffer from hemorrhoids the size of Mt. Everest.

 

[popsgarland]

It ain't over until the final shot.
I don't think that judge knows or realizes what kind of trouble he just started.

That idiot might have just started the next civil war or at the least a major conflict.

Lord have mercy on our souls..

 

[oldag]

In this particular case, he did it to himself.

I do not agree with some of the prosecutions Trump faces. But here he got caught committing fraud. If we want to talk about equal before the law, we cannot exclude Trump. I will not defend him in this instance.

 

[TX oddball]

Just to be clear, no bank has said they were defrauded right?

.

The NY A.G. who brought this on campaigned on doing this exact action against Trump.

-

 

[Kar98]

We knew they'd do anything to keep him from another term, but strip him of the empire he built?

Whenever Trump was charged with something, his numbers went up; it'll be interesting to watch what affect this will have on his base.

Brings to mind the ends most of the Founding Fathers came to.

It's getting kinda sparky, now. Wonder if this will trigger anything.

None of the founding fathers declared bankruptcy six times.

 

[BigRed]

I am not a fan of trump. Nonetheless, it is difficult NOT to note how statists, centralizers, and deep state have been gunning for him from the moment he said he was going to run for the executive position.

The republic has long been dead.

 

[Kar98]

I am not a fan of trump. Nonetheless, it is difficult NOT to note how statists, centralizers, and deep state have been gunning for him from the moment he said he was going to run for the executive position.

The republic has long been dead.

 

[msharley]

A lot of people don't realize that a rich person's wealth isn't cash on hand, it's tied up in assets and businesses. Strip those away and you do serious damage.

I'm just really hoping that Donald Trump isn't the tipping point that starts a major civil conflict. He's not someone I want to see this country torn apart over, but the Dems are bound and determined to use him to that end. They're shitting on the Constitution, individual rights, due process and every facet of the rule of law, and when they're called on their behavior they just shout that it's "only a problem because it's happening to Trump". You are all RACISTS!

FIFY!

Wonder? If the chickens will come home to roost on this one?

With the way the Supreme Court has ruled on any number of 2nd Amendment issues?

Trump may well end up OWNING the State of New Yorkiztan!