— A 3-year ban on #Trump holding any #corporate leadership position in #NY.

— A 3-year ban on Trump & his companies from getting #loans from #banks registered in NY.

— Placing the company under an independent #monitor’s continued #supervision for at least 3 years, & ordering the hiring of an independent #compliance director.

#law #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies

The non-monetary penalties, the target of Trump’s new appeal, set strict limitations on his Trump Organization’s ability to do business. They include:

— A 2-year ban on Trump’s sons, Eric & Donald Trump Jr., from serving as a director or officer of any #NY company, effectively booting them from their roles managing the Trump Organization’s day-to-day operations.

#law #Trump #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies

It’s the first of a pair of expected appeals after a 5-judge panel of NY’s mid-level Appellate Division last week overturned Trump’s monetary penalty. #NYAG James has said she plans to ask the Court of Appeals to restore the fine after the Appellate Division deemed it “excessive.”

…The judges left other punishments in place & narrowly endorsed a lower court finding that he committed #fraud by padding his wealth on his financial statements.

#law #Engoron #TrumpOrg #nepobaby #InheritedWealth

Trump’s lawyers filed a notice of appeal with the state’s Court of Appeals, seeking to erase the remaining effects of #NYAG #LetitiaJames’ lawsuit, which alleges [& has 2X been judged to be true] #Trump inflated his #NetWorth on financial paperwork given to banks & insurers.

#law #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies

#Trump has largely done the same, claiming his father only gave him a “very small loan” that he turned “into a company that’s worth many, many billions of dollars.” However, as #KamalaHarris noted during Tuesday’s #debate, Trump’s companies have filed for #Chapter11 #bankruptcy protection SEVEN TIMES.

In 2021, Trump fell off the #Forbes400 list for the first time in 25 years. He returned to the list in 2022, but fell off again in 2023.

#FactCheck #TrumpLies #InheritedWealth #SelfMadeMyth

Among the various topics touched on during Tues’ #debate was #Trump’s #inheritance, brought up by VP #KamalaHarris as she addressed the #MiddleClass.

How much Trump received has seemingly been a sensitive point for Trump. He has often claimed it was a “very small loan,” but a 2018 David Barstow, [the brilliant] Susanne Craig & Russ Buettner NYT’s report refuted that.

#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://thehill.com/homenews/nexstar_media_wire/4873145-how-much-did-trump-inherit-from-his-father/