Donald Trump won’t face the corporate death penalty after all.

A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans and other benefits.

Still, Trump got slammed hard, facing big cash penalties, outside supervision of his companies and restrictions on his borrowing.

In a pretrial ruling last year, the same judge threatened to shut down much of the Republican presidential front-runner’s business by calling for the “dissolution” of corporate entities that hold many of his marquee properties. That raised the specter of possible fire sales of Trump Tower, a Wall Street skyscraper and other properties.

But New York Supreme Court Judge Arthur Engoron called off the dissolution.

Instead, he said the court would appoint two monitors to oversee the Trump Organization to make sure it doesn’t continue to submit false figures.

  • LufyCZ@lemmy.world
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    9 months ago

    Russia really doesn’t have the tens to hundreds of millions of USD it’s gonna cost right now.

    There’s a whole war thing going on and their USD accounts are frozen last time I checked.

      • LufyCZ@lemmy.world
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        9 months ago

        Sure, it’s not gonna be suspicious at all when the company’s account receives tens of millions from a random international account.

        Be realistic, you’re free to hate Trump all you want, I don’t like the guy either, but selling state secrets isn’t the same as buying a kitkat at a grocery store

        • themeatbridge@lemmy.world
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          9 months ago

          You’re kidding, right? He received millions from China, Saudi Arabia, and Qatar while he was in office!

          He’s received hundreds of millions of dollars from Russia.

          TRUMP UNLAWFULLY HELD ONTO CLASSIFIED DOCUMENTS AND SHOWED THEM TO FOREIGN NATIONALS WITH WHOM HE HAS BUSINESS DEALINGS.

          You say I’m being unrealistic for saying something is going to happen after it’s already happened?? Get your fucking head out of your ass.

          • LufyCZ@lemmy.world
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            9 months ago

            You’re being unrealistic because he received that money over the course of a decade as a payment for actual services, even of the cost of said services might’ve been inflated to fit the pay offs.

            This time, he’d suddenly be receiving stupid amounts of money into the company account, which the fine will be paid from. The same account that’s currently (afaik) under the control of US officials.

            It’s just not that easy.

              • LufyCZ@lemmy.world
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                9 months ago

                Have you heard of hotels? Venues?

                Don’t let hatred blind your judgement, it makes you look dumb.

                • themeatbridge@lemmy.world
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                  9 months ago

                  Right, you’re pretending Trump is a legitimate businessman with no suspicious entanglements, but I should take your advice on how I look because you’re such an astute observer of human intelligence.

                  • LufyCZ@lemmy.world
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                    9 months ago

                    Have you heard of gangs using restaurants as a front for other less legal businesses?

                    They do still serve pizza there. If it happens to cost $60 and it comes with a sack of white sniffy stuff is another thing.

                    But yeah keep pushing unlogical shit, it really works if all you’re trying to do is scream into a wall.