There was more bad news for Donal Trump today. In the civil suit brought by New York AG Letitia James, New York Judge Arthur Engoron ruled Trump defrauded both banks and insurance companies. He found that the fraudster in chief deceived such organizations by massively overvaluing his assets and exaggerating his net worth.
As part of his findings Engoron issued an order that largely dissolves the various organizations held by Trump, his buddies, and his rather useless children.
Correct, @AndrewFeinberg. The judge has ordered cancellation of all [NYS] business certs of "any entity controlled or beneficially owned by Donald J. Trump, Donald Trump, Jr, Eric Trump, Alan Weisselberg, & Jeffrey McConney. An independent receiver will manage the dissolutions. https://t.co/mK0vkzQXon
— Elizabeth de la Vega (@Delavegalaw) September 26, 2023
While obviously not the real Jack Smith, this guy summed it up as basically being that Trump “cannot even operate a lemonade stand” in New York now.
NY FRAUDSTER: In a summary judgment, Donald Trump and his executives were found liable for persistent fraud in NY.
Judge has ordered the dissolution of his LLC business certificates, including the Trump Organization.
Henceforth, the former President of the United States cannot…
— Jack E. Smith ⚖️ (@7Veritas4) September 26, 2023
While OFF is holding bund meetings rallies in places like Iowa and a rather compliant media falls over themselves trying to suck up to him and pretend he’s going to be in the White House in 2025, this is just further proof that OFF’s empire is collapsing in upon itself, and soon we will see the total legal collapse of OFF – both in the civil and criminal realms.