- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
Donald Trump has placed himself at further risk of losing control of properties such as his Mar-a-Lago resort following his testimony in the New York civil fraud trial, according to an attorney.
Speaking on a podcast hosted by Mary Trump, niece and frequent critic of the former president, Joe Gallina suggested things “could not have gone worse” for Trump after he answered questions under oath about his financial statements on Monday.
Trump is accused by New York Attorney General Letitia James of filing fraudulent financial records for years which inflated the value of his properties and assets in order to obtain favorable bank loans and tax breaks. Trump denies all wrongdoing in connection to James’ $250 million lawsuit.
Judge Arthur Engoron, who is overseeing the civil trial in New York, has already ruled that Trump had committed fraud by misrepresenting the value of his properties for years. The civil trial is now considering six remaining allegations in James’ lawsuit, as well as the size of the penalty.
For real, this article is just ‘someone on a podcast said…’
This NY court doesn’t have jurisdiction over his Florida property. It’s like if there’s a massive fine and if he can’t pay it some other way then he might have to sell Mar-a-Lago to pay it.
Don’t get me wrong, I hope the trial ruins him and his turd kids, but that’s a lot of ifs and a weird thing to write an article about.
I miss the days when most of the news was fact based and opinion pieces were clearly marked as such.