Donald Trump is facing a $250 million penalty and a ban on doing business in New York when a judge renders his verdict later in January.

The new year could be off to a rough start for Donald Trump.

The former president is facing $250 million in penalties and a ban on doing business in New York when the judge overseeing his civil fraud trial delivers a verdict in the case later in January.

The Manhattan Supreme Court trial — which has been on hiatus since Dec. 13 — is set to resume with closing arguments on Jan. 11, and Justice Arthur Engoron has said he hopes to have a decision in the non-jury case by the end of the month.

  • vexikron
    14·
    11 months ago

    Or really put his money where his mouth is and actually sell the Trump Brand rights themselves.

    I’m /sure/ that’s not overvalued at all.

    • mriguy@lemmy.world
      2·
      11 months ago

      The thing is, MBS could step in and buy the rights for a lot of money to help him out, then Trump could go “see, it was worth exactly what I said it was!” The Saudis were willing to write off enough money to Musk to help him kill Twitter just to watch it die - they can afford it.

      • Rice_Daddy@lemmy.world
        2·
        11 months ago

        That would still only be a part of his problem though. His trouble was also that the information he put down were factually inaccurate, and he used different valuations for his tax forms.