The Daily Parker

Politics, Weather, Photography, and the Dog

$350 million in fines

New York Justice Arthur Engoron just handed the XPOTUS a $350 million fine and barred him and his two failsons from running a business in New York for years:

The decision by Justice Arthur F. Engoron caps a chaotic, yearslong case in which New York’s attorney general put Mr. Trump’s fantastical claims of wealth on trial. With no jury, the power was in Justice Engoron’s hands alone, and he came down hard: The judge delivered a sweeping array of punishments that threatens the former president’s business empire as he simultaneously contends with four criminal prosecutions and seeks to regain the White House.

Mr. Trump will appeal the financial penalty — which could climb to $400 million or more once interest is added — but will have to either come up with the money or secure a bond within 30 days. The ruling will not render him bankrupt, because most of his wealth is tied up in real estate.

Of course he'll appeal, but New York doesn't give him many grounds to do so. And given the scale of the fraud he perpetrated on the State, even this eye-watering sum will probably survive scrutiny from the appellate court.

In other news this afternoon:

Finally, the Tribune has a long retrospective on WGN-TV weather reporter Tom Skilling, who will retire after the 10pm newscast on the 28th.

Comments are closed