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Taking away Trump's business empire would stand alone under New York fraud law - Vimarsana News

Taking away Trump's business empire would stand alone under New York fraud law

Within days, Donald Trump could potentially have his sprawling real estate business empire ordered “dissolved” for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the ultimate punishment for violating New York’s powerful anti-fraud law. An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big...

Source: yahoo.com
Key points from AP analysis of Trump's New York civil fraud case - Vimarsana News

Key points from AP analysis of Trump's New York civil fraud case

Within days, Donald Trump could potentially have his sprawling real estate business empire ordered "dissolved" for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the ultimate punishment for violating New York's anti-fraud law.

Key points from AP analysis of Trump's New York civil fraud case - Vimarsana News

Key points from AP analysis of Trump's New York civil fraud case

Donald Trump could potentially have his real estate empire ordered “dissolved” for repeated misrepresentations on financial statements to lenders in violation of New York’s powerful anti-fraud law. “This sets a horrible precedent,” said Adam Leitman Bailey, a New York real estate lawyer who once sued a Trump condo building.

Source: yahoo.com
If Trump's real estate empire is 'dissolved' under New York anti-fraud law, it will be one of only a dozen times it's happened - Vimarsana News

If Trump's real estate empire is 'dissolved' under New York anti-fraud law, it will be one of only a dozen times it's happened

And the first without an obvious victim

Taking away Trump's business empire would stand alone under New York fraud law - Vimarsana News

Taking away Trump's business empire would stand alone under New York fraud law

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in