Posted on 09/29/2023 8:22:19 AM PDT by SoConPubbie
This is John Galt level government targeting. A New York State judge has arbitrarily ruled, no trial – no jury, that President Trump overvalued his real estate holdings in New York, which means he paid too much in taxes, in order to secure financing and loans. [Ruling PDF HERE]
All the banks and lenders did their own due diligence on the financing. All operational loans and business loans were paid back. There were no defaults or banking interests adversely impacted. There are no victims of what the State calls “fraud,” yet the judge is ruling the Trump organization must dissolve all business interests in the state and exit within 10 days.
New York Attorney General Latisha James campaigned for office with promises to target the Trump Organization and Donald Trump himself. This is malicious lawfare in the extreme.
NEW YORK – […] As part of his ruling, the judge canceled the business certificates of all of the defendants, which include the Trump Organization itself and numerous LLCs connected to the company, as well as the business certificates of any entity “controlled or beneficially owned by” Trump, his adult sons, the Trump Organization’s former chief financial officer Allen Weisselberg and company executive Jeffrey McConney.
Engoron ordered that within 10 days of the ruling, Trump and the other defendants must provide names of potential independent receivers “to manage the dissolution of the canceled LLCs.” (read more)
President Trump responded via his Truth Social account.
Sue the ship out of the judge, the city, the state, and the pigs.
How in the seven hells is this legal in the United States?...............
Absurd. The underlying statute turns the definition of fraud on its head.
Oh great. A forced fire sale. Xi will pick these assets up for pennies on the dollar.
evil personified.
IMHO, the legal system suspicuously seems to be executing a bill of attainder without calling it that.
A victim is not required for fraud to exist.
Can’t wait for the smackdown from appellate out
<><>All the banks and lenders did their own due diligence on financing.
<><>All operational loans and business loans were paid back.
<><>There were no defaults or banking interests adversely impacted.
<><>There are no victims of what the State calls “fraud.”
Yet the judge is ruling the Trump organization must dissolve all business interests in the state and exit within 10 days.
Does that mean he can sell them on the open market. Maybe not a bad idea for Trump.
This is what happens when you give STUUPID people power.
Sure smells like a taking to me.
Put everything into a Trust.
Legal has nothing to do with it. We the People have no recourse against an unconstitutional government short of the "unthinkable".
Tell Latisha to GFH with an old corn cob.
Maybe she is a good lawyer, but if she knows anything about big real-estate, she is ignoring what she knows. Personally I doubt she has a clue about due diligence and how each side of a transaction verifies values.
She is just another black partisan female who feels those qualities give her almighty power. Far too many of those in the legal business today IMHO.
Gee, Russia and Gestapo all mixed into one in New York. So much for law and order and so much for the scales of justice. Sham!
Fat Black women tend to be very nasty and evil.
if this stands, it’s over...
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