Legal analysts say Trump admitted that the intent in financial representations he made was to convince lenders to loan him money.

  • teft@startrek.website
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    1 year ago

    This is a civil trial. He won’t see jail for it. The documents case he might but that one doesn’t even start for like 8 months.

      • KevonLooney@lemm.ee
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        1 year ago

        Why are you ignoring the fact that he’s losing the ability to do business in NYC? That’s basically his entire brand, and how he’s made money since he was a child:

        Engoron ordered the cancellation of state business certificates filed by Trump, his two adult sons and the other defendants in the case, meaning the former president will potentially lose control of his famed New York properties.

        https://thehill.com/regulation/court-battles/4226139-trump-could-lose-control-of-famed-properties-under-new-york-fraud-ruling/

        They’re taking Trump Tower and a bunch of buildings away from him. Many buildings with his name on them are owned by other people. The Trump Org just managed the building, and they are not going to be able to exist in NYC any longer.

        • be_excellent_to_each_other@kbin.social
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          1 year ago

          What does he care? All he has to do now is continue to grift money from maga - which will be even easier as he becomes more and more of a martyr, and after he gets the Republican nomination.

          Until he’s sitting in a cell, he’s experienced nothing but inconvenience.

          • KevonLooney@lemm.ee
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            1 year ago

            You don’t understand him at all. He loves seeing his name all over shit. They are now going to take his name down off of a lot of buildings.

            He doesn’t care about his supporters. He’ll never move to where they live. He only wants other rich people to hang out with him. This not only hurts him financially, but also emotionally.

              • FlowVoid@lemmy.world
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                1 year ago

                He’s going to lose hundreds of millions of dollars and control of his real estate properties. That’s a serious consequence, particularly for someone who is not actually a billionaire and is seeking office mainly in order to drum up business for his real estate properties.

                There’s a reason why is acting so outraged right now, and it’s because he’s not acting.

                • Wake me up when he’s not living a 1% lifestyle.

                  Lotta folks really want me to be happy with these wrist slaps for Trump. If you are happy with them, I am happy for you. (sincerely so)

                  I find this all to be woefully insufficient, and am doubtful sufficient consequences will befall him at any point.