Posted on 03/22/2024 2:54:58 PM PDT by packagingguy
Judge Arthur Engoron has issued an order that will allow former President Trump’s finances and assets to be monitored for three years.
In other words, Trump’s estate will be babysat by Barbara Jones, a retired federal judge. The judge will also have full authority over giving suggestions for court-ordered changes in how the Trump Organization operates.
The order comes after Trump is facing a $464 million judgment paid in his New York civil fraud case despite his appeal still pending.
On Thursday, the judge ruled that the court must monitor and notify the watchdog about any efforts Trump makes to receive the payment for the bond. The appeals court has also put a temporary halt on the judgment orders that prohibit Eric Trump and Donald Trump Jr. from continuing to run the company.
“Based on the Court's findings in its February 16th Order, the Court ordered the continued monitoring of Defendants' financial and accounting practices and disclosures, including an enhanced role for the Monitor, for a period of no less than three years, as well as the appointment of an Independent Director of Compliance," Engoron wrote in the order.
Jones will have to notify the court of any large cash transfers, the creation or dissolution of assets, the restructuring of debt, and "any efforts to secure surety bonds” that Trump makes. The 2024 GOP candidate will also be required to provide the court with monthly bank statements.
(Excerpt) Read more at townhall.com ...
It’s because there are no checks or balances in the country. Apparently they can do whatever thamey want, without opposition and the so called opposition party attacks TRUMP when he defends himself. Not one person has taken up arms against, neither literally nor figuratively. Country is filled with cucks.
So a billionaire empire builder has to be provided with a mandated financial babysitter by New York? New York doesn’t even know how run a state much less run corporations.
bkmk
That was my assumption; especially re what IS in our Constitution !
Yes.
And it is clear that the Supreme Court is not doing their job. Their sole job, preserving the Constitution.
Oh, I forgot, they now “interpret” it’s meaning any way they want to.
This will not end well.
Didn’t think so.
“Nothing will get the people riled up enough to punish the leftists. There is the firm belief among far too many people, including conservatives (and I’m not talking about politicians), that if this nonsense isn’t crossing the threshold to their own home, why bother.”
Courts are being given the complete opportunity to set matters right.
For now keep it cool.
(like seriously and somberly saying the Pope was arrested in a whore house drunk with his pants down.)
Are you so sure that could never happen ?
“Hutton also agreed to pay $8 million in restitution—the estimated extra income earned from the fraud. This is equivalent to approximately $18.6 million in 2022. In return, Curnin wrung two major concessions. First, no Hutton executives would be prosecuted (even though the government determined that 25 senior officers masterminded the scheme). Second, the Securities and Exchange Commission allowed Hutton to stay in business; offenses of this magnitude usually result in an individual or firm being permanently barred from the securities industry.”
https://en.wikipedia.org/wiki/EF_Hutton
All they’re doing is fomenting support for trump.
Remember folks, it’s us they want to control, Trump is in the way.
Sounds like wishful thinking.
You’re correct and it’s driving me nuts! This is NOT the America that our FFs founded and envisioned it would always be. And it’s certainly NOT the America I grew up in; sadly.
These people need to pay the ultimate price for this BS.
And IF they can do this to him, with impunity, just imagine what they can and probably SHALL, at some point, do to us!
Also...WHO DID TRUMP DEFRAUD? WHO LOST MONEY?
The answer to both queries is:NOBODY!
Do you imagine that banks don't do their own assessments and just take the word of the borrower? If so, I want to see YOU try that one!
>On Thursday, the judge ruled that the court must monitor and notify the watchdog about any efforts Trump makes to receive the payment for the bond.<
NO BOND MONEY GIVEN TO HIM?
They want him so broke and no longer an America hero,
so others think, if they can do that to the best president ever,
they will scare us. We’ve seen the power hungry work.
WHIP-WHIP!
And they’ve done a damn good job.
with Francis? Your point is correct.
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