givesomefucksApr 8, 2024

Letitia James to Begin Claiming Donald Trump's Properties

https://lemmy.world/post/14050840

Letitia James to Begin Claiming Donald Trump's Properties - Lemmy.World

>“But the Trumpian part is that even though, or perhaps because, it may be part of a Trump scam, Knight now too may be on the hook for $175 million as it won’t automatically get out from underneath its own proffered surety.” >Hankey, a billionaire, has already said that his company will be able to post the money for Trump. >He was reacting to a comment on X by lawyer Dave Kingman, who wrote that Knight will not be able to post the $175 million. >“Understand that Knight Specialty has a problem. This bond cannot be approved. Under the CPLR [Civil Practice Laws and Rules] the surety will remain obligated under the bond until a replacement bond is filed. Trump is unlikely to get a replacement bond. Knight Spec will be liable AND Trump won’t have a stay [on enforcement],” he wrote.

Show threadjordanlundApr 8, 2024

FTA:

“Thus NY AG James looks to be soon greenlit to execute on her $450 million judgment against Trump as if Trump posted no bond.”

That was my #1 question in all of this, assuming a bond failure, does she get to go after $175 million in assets or $450 million?

Now we know…

Show threadSuckMyWangApr 8, 2024
Why does this guy get to run for president when he appears to have committed millions of dollars in fraud? Shouldn’t that be jail time for anyone else?
Show threadbostonbananarama

Why does this guy get to run for president when he appears to have committed millions of dollars in fraud? Shouldn’t that be jail time for anyone else?

Because he was found guilty in a civil trial and not a criminal one. Think of OJ, convicted of civil wrongful death but not murder in a criminal court. Lose money, but don’t go to jail.

Apr 8, 2024 at 5:52pmWeb
Show threadSuckMyWangApr 8, 2024
Why is fraud against the state considered civil? It seems to be a crime for everyone else
Show threadbostonbananaramaApr 8, 2024
Not sure what answer you’re looking for, but because the attorney general brought a civil case. Perhaps they couldn’t prove criminal fraud, since criminal trials have a higher burden of proof. Perhaps they could satisfy certain elements of criminal fraud, but not all of them. Perhaps they could demonstrate that the actions (actus reus) took place but not the intent (mens rea) required. These would all be questions for the NY AG.