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N.Y. AG calls for $370 million fine against Trump and lifetime ban from real estate industry

Attorneys from James’s office requested the punishment in post-trial motions filed Friday in the Trump fraud case.

New York Attorney General Letitia James is calling for a $370 million fine against former President Donald Trump and his companies and a lifetime ban on him and two of his former company executives from the real estate industry in the state.

Attorneys from James’ office requested the punishment in post-trial motions filed Friday in the Trump fraud case. They said that Trump owes $168 million of interest allegedly saved through fraud; $152 million from the sale of the Old Post Office building in Washington, D.C., the site of one of Trump’s hotels; $60 million through the transfer of the Ferry Point Golf Course contract; and $2.5 million from severance agreements for former Trump Organization chief financial officer Allen Howard Weisselberg and ex-Trump Organization controller Jeff McConney.

James also called for lifetime bans for Trump, Weisselberg and McConney from participation in the real estate industry as well as from serving as officers or directors in New York corporations or entities. The attorney general also asked for five-year bans for Trump’s eldest sons, Donald Trump Jr. and Eric Trump, with the same conditions.

theodewere ,
@theodewere@kbin.social avatar

so after lots of investigation into this shitstain, the NY AG says he can't be trusted to even participate in business in the state of NY.. not just real estate, he can't serve as an officer in any corporation, because he can't be trusted..

yet everyone who voted for him gave him access to all of our secrets, and the ability to destroy lives if he felt like it

Elderos ,

Thanksfully he has also been reported to be grossly incompetent and inept so this might have saved us.

carbonprop ,

Seems fair.

FaceDeer ,
@FaceDeer@kbin.social avatar

I don't know, banning Trump from real estate for just a year or two doesn't seem like much.

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