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Old 25-04-2022, 22:14   #1
1andrew1
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Judge holds Trump contempt and fines him $10,000 a day

Is this the end of his future Presidential dreams?

Quote:
A New York judge held former President Donald Trump in contempt on Monday and slapped him with a $10,000 daily fine for failing to comply with a subpoena to turn over several financial documents to state Attorney General Letitia James.

'Mr. Trump, I know you take your business seriously, and I take mine seriously, I hereby hold you in civil contempt and fine you $10,000 a day', said New York state Supreme Court judge Arthur Engoron.

James said 'justice prevailed' on Monday in a celebratory statement after the ruling.

'For years, Donald Trump has tried to evade the law and stop our lawful investigation into him and his company’s financial dealings. Today’s ruling makes clear: No one is above the law,' the state attorney general said.

James is investigating whether the Trump Organization, the former president's real estate empire, misstated the values of its real estate properties to obtain favorable loans and tax deductions.

James has said her probe had found 'significant evidence' suggesting that for more than a decade the company's financial statements 'relied on misleading asset valuations and other misrepresentations to secure economic benefits.'
https://www.dailymail.co.uk/news/art...tia-James.html
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