Judge fines Trump more than $300 million, bars from running businesses in New York for three years - eviltoast
  • TransplantedSconie@lemm.ee
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    9 months ago

    Oh and important fact:

    The judge stipulated that the fines CANNOT BE PAID VIA CAMPAIGN FUNDS.

    Fat Ass can’t run to his useful idiots. It has to be paid via assets and company funds.

    #FIRE SALE FRIDAY!

      • MammyWhammy@lemmy.ml
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        9 months ago

        His entire campaign raised ~$330M in 2016 election cycle. At the very least it’s a massive hit to the funds they have to spend.

        • Seasoned_Greetings@lemm.ee
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          9 months ago

          He’s going to try to stiff the court. I’d bet money on it. He’s going to hide behind his lawyers and try to claim the law doesn’t apply the same way to an ex president. Just to delay long enough for the election.

          The real test of our democracy will be whether or not they just arrest him when he tries that.

          • Natanael@slrpnk.net
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            9 months ago

            Not possible in this case, unless appeals court stays judgement then he’s only got 30 days from now to pay up, or else the government can start seizing assets.

            There’s already a ban on transferring assets, and his businesses will have a court appointed monitor who will have the authority to review ALL payments the company makes. Also he can’t cover the payment with loans from any bank or other financial institution registered in New York, which is most of them, lmao

          • Ullallulloo@civilloquy.com
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            9 months ago

            Uh, I don’t think New York law provides for debtors’ prisons anymore. Those went out of style in the 1700s.

            The way a court actually handles an unpaid judgment is it just orders the seizure of any property the debtor does own. It doesn’t need permission.

          • AFK BRB Chocolate@lemmy.world
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            9 months ago

            Worth pointing out that there’s interest on it until it’s paid. Currently NY interest on judgements is 9%.

          • phdepressed@sh.itjust.works
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            9 months ago

            DeSantis has previously stated he won’t extradite the Cheeto to NY. So in event of arrest warrant he’d just stay away from NY like he already does or til he is president and he isn’t able to be arrested over that.

          • kent_eh@lemmy.ca
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            9 months ago

            He’s going to try to stiff the court.

            If he does, they can seize assets.

        • Flying Squid@lemmy.world
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          9 months ago

          But does that count as actual campaign funds or campaign funds + PAC money? Because the latter is the issue. PAC money can be spent however the PAC wants on whatever the PAC wants and PACs can also be funded with donations of any size (and by anyone from any country). Thanks, SCOTUS.

        • kent_eh@lemmy.ca
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          9 months ago

          With as much as his name is in the headlines, he may not have to spend as much.

          His base seems willing to prove the old adage "I don’t care what they say about me in the papers, as long as they spell my name right ".

          • orbitz@lemmy.ca
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            9 months ago

            I think the financial monitor was added on for three years too, so they got people watching, hopefully.

          • stoly@lemmy.world
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            9 months ago

            I mean the PACs that people were donating to instead of the GOP, didn’t something like $40,000,000 go to pay lawyers and such for Trump?

    • OldWoodFrame@lemm.ee
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      9 months ago

      I would rather he pay with campaign funds. I don’t care how rich he is, I want him to fail in the 2024 election.