Reason # 84: Business Fraud
Why do we need to defeat Donald Trump and ensure that a Democrat occupies the White House?
The May 31 guilty felony verdicts on 34 counts of falsified business records was not Donald Trump’s only day in court in New York City this year. At issue was the unsurprising fact that Trump had lied to accountants, overstating the value of his properties by several billion dollars. In February Judge Arthur Engoron levied a fine of $355 million, plus interest, against Trump for fraudulently overstating the value of his assets. Engoron found that by overstating the value of his properties, Trump paid $168 million less on loan interest than if he had been honest and truthful. Another $186 million had been improperly gained from the sale of Washington D.C.’s Old Post Office and Ferry Point golf course.
In announcing his verdict, the judge noted that Trump was pathologically fraudulent and exhibited no hint of contrition. He would also have to pay interest on the fine.
https://www.cnn.com/politics/live-news/trump-civil-fraud-trial-decision-02-16-24/index.html#:~:text=A%20judge%20has%20ordered%20former%20President%20Donald%20Trump%20and%20his
In the decision, Trump was also banned from serving as an officer or director of a New York corporation for three years, He had also put an independent monitor in place for three years and an independent director of compliance was installed at the company’s expense.
Trump’s sons Donald Jr. and Eric were also fined $4 million each and banned for two years. Ivanka Trump escaped on statute of limitations considerations. The full ruling is available at the following link.
https://www.cnn.com/2024/02/16/politics/read-ruling-donald-trump-civil-fraud-trial-new-york
Trump of course is appealing the judge’s decision but has had to post a $175 million bond and, for the moment at least, escapes the long arms of the law.
A five-judge panel is currently reviewing the case and may decide before election day.
before election day.
https://www.msn.com/en-us/news/politics/judges-set-to-hear-arguments-in-donald-trump-s-appeal-of-civil-fraud-verdict/ar-AA1rebzA?ocid=BingNewsSerp
Who would want a pathological, unrepentant con man in the Oval Office?
Have a heart; use your mind, search your conscience, and vote for Democratic candidates – across the ballot – on November. 5th.
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Why have I committed to posting 100 Reasons NOT to vote for Donald Trump? Because I do not have time to post 10,000.
Fred Grannis
October 8, 2024