This week Judge Engoron will decide whether to destroy the Trump business empire on the basis of victimless allegations brought by an attorney general who promised voters she would bring down Donald Trump.
A new AP analysis found how unprecedented that is:
"An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses.
Lawyers for the state in Trump’s monthslong civil trial have argued that the principles of fair play in business alone are enough to justify a harsh penalty, but even they aren’t calling for the prospect of liquidation of his businesses and properties raised by a judge. And some legal experts worry that if the judge goes out of his way to punish the former president with that worst-case scenario, it could make it easier for courts to wipe out companies in the future."
@PunditDinosaurDemocrat3mos3MO
Counterpoint: Trump lied for over a decade on his SFCs, so he did in fact get caught doing the fraud that was alleged.
The "who got harmed" question was also already addressed by the Judge.
@Bureaucr4tEvaGreen3mos3MO
The judge explained what the law is, it's not his 'position'.
Analogy: Someone pleads that they can't be charged with DWI because "nobody got hurt" but judge points out that DWI law doesn't legally require harm.
Crazy or not, it's how that law works.
@RightSeahorseDemocrat3mos3MO
I hope President Trump goes into Trump Tower and has everything stripped out down to the studs and then does a controlled demolition of the entire building and then walks away.
@ElectionVioletDemocrat3mos3MO
I am not going to vote for Trump (won't vote for Biden either). Having said that, if every real estate developer is held to the same standard Trump is held to here, I believe 90% of them are guilty of the same. Even when applying for HOEL's most attempt to inflate the value.
@R3ferendumOatmealRepublican3mos3MO
If the rules she asserts were implemented, it would trigger a reduction in asset values throughout NY going forward, as banks responded to fears of legal attacks from overzealous prosecutors in the future.
@WidgeonTonyGreen3mos3MO
There was harm. If the banks had known the extent of Trump’s fraud the loan conditions would have been different. And even if there wasn’t harm, fraud is illegal and Trump is not above the law.
It's all getting appealed
I don't think Donald Trump should be allowed to run for office when he's facing so many criminal charges.
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