Judge rejects delay on Trump civil fraud fines

Just the News ^ | 2/22/24 | Ben Whedon

[CFW]

Judge Arthur Engoron has rejected a bid from former President Donald Trump's legal team to delay payment of the roughly $355 million in fines and $100 million in interest stemming from New York Democratic Attorney General Letitia James's civil fraud case.

"You have failed to explain, much less justify, any basis for a stay... I am confident that the Appellate Division will protect your appellate rights," Engoron wrote to Trump attorney Clifford Robert in an email CBS obtained.

Trump on Wednesday asked Engoron for a 30-day extension to pay the sum, asserting that "[g]iven that the court-appointed monitor continues to be in place, there is no prejudice to the Attorney General in briefly staying enforcement to allow for an orderly post-Judgment process, particularly given the magnitude of Judgment."

[mo]

they’re trying to suck up cash he would use to campaign with

[mo]

the intent is to shut down business in the USA....its Bolshevism

[T.B. Yoits]

The most damaging aspect of this case is that every business owner in New York has been put on notice that the State of New York considers itself a party to every financial transaction in the state -- and one that will aggressively pursue civil cases as an "injured" party even if no harm can be shown.

The State of New York is going to find an overwhelming number of entities will be affecting these transactions outside of the country. Seller A will be a corporation overseas and so will Buyer B, just like already happens in 3rd world countries.

[Mr. K]

She’s a governor. Can’t she pardon him?

I don’t think she ever would but I’m just asking legally does she have that right?

If the truckers strike expands and more people boycott and cripple the city, she could

[joesbucks]

In regard to #1, there were some charges filed. Standard & Poors paid a 1.5 billion dollar fine for their role. Kareem Serageldin was the only banker in the United States who was sentenced to jail time for his role in the 2008 financial crisis. He was convicted of hiding losses by mismarking bond prices. Countrywide head man Angelo Mozilo paid $67.5 million to settle with the SEC on insider trading charges. In 2016, the DOJ dropped prior charges of mortgage fraud against Mozilo. The fine leveled against the corporation was assumed by was assumed by BOA in their acquisition of Countrywide. IMHO at the end of the day, far too few were charged and paid a price.

The bank’s admission that they knew Trump gave fraudulent numbers by cutting his claims in half. They in doing so ratted Trump out as submitting fraudulent financial documents. While they did business, it’s still against NY law to do what Trump did.

Since I don’t know the circumstances of your transaction(s), I can only say that if you did what Trump did, you may have been in violation, especially if you’re in NY. Your states laws may not be as severe as NY or you slid under the radar, if you did something similiar to Trump. I trust you didn’t.

[kiryandil]

Your states laws may not be as severe political as NY

fixed it for ya, joesattainders - and thanks for the laugh!

[laplata]

Jewish Marxists are the worst.

[laplata]

Good question.

[ohioman]

Joebucks should have been kicked off this site years ago.

[cableguymn]

And the money spend on said bond is gone for ever. Even if he wins

[kiryandil]

He's working hard on that, now.  

[ohioman]

Rot in hell scumbag. You deserve the same fate as this judge.

[Alberta's Child]

In regard to #1, there were some charges filed.

Were any charges filed by the State of New York?

The bank’s admission that they knew Trump gave fraudulent numbers by cutting his claims in half.

The bank witness made it very clear that the figures for personal net worth were highly subjective, and he didn't think anything was fraudulent. For that matter, why wasn't the bank prosecuted for using a "fraudulent" value (under the court's terms) for the valuation of Mar-a-Lago in compiling its financial records?

Since I don’t know the circumstances of your transaction(s), I can only say that if you did what Trump did, you may have been in violation, especially if you’re in NY. Your states laws may not be as severe as NY or you slid under the radar, if you did something similiar to Trump. I trust you didn’t.

My transactions took place in New York. At every step of the process we used financial records that contained a substantial degree of subjective judgement. And we included financial figures that we knew were totally incorrect but could not be adjusted because they complied with the requirement of the Internal Revenue Service in place at the time. In other words, we would have violated either a New York State law (as applied in the Trump case) or the Internal Revenue Code no matter what we did.

Serious people who conduct business like this are likely to be highly sympathetic with someone in Trump's position. If I had known then what I know now, I would have insisted on changing the state of domicile for the business from New York to a neighboring state before executing the first transaction.

That last point is what should stand as the most important one in this entire thread. I'm surely not the only one who is thinking this way now.

[Texan4Life]

Trump Live at the NRB !!!
https://www.youtube.com/watch?v=BgOeC8PFSVI

[ding_dong_daddy_from_dumas]

On FR, even TDS posters disapprove of what NY is trying to do to Trump. But I wonder if, in addition to Leticia and Engoron, the NY legislature is also to blame for using vague language in the laws they passed?

[joesbucks]

Glad you got a chuckle. I live residing rent free.

[kiryandil]

I live residing rent free. ???

You might want to put the wine box back up on the shelf for the night.

I think the fact that you could not stop yourself from responding shows everyone who is living rent-free in whose head....

[ding_dong_daddy_from_dumas]

Using "Engoron logic," Exodus 22:18 Thou shalt not suffer a witch to live NY would burn children in Halloween witch costumes alive.

[kiryandil]

That Engmoron dude is one creepy piece of pencil-necked dogsqueezins.

Sounds like he's never worked an honest day in his crappy little life.

[thegagline]

And the money spend on said bond is gone for ever. Even if he wins

Which is true with any who posts a bond . It isn’t the entire amount of the judgment. Trump could also put up his own money to secure the stay without having a third party put up a bond.