Categories
Business Crime

New York AG May Impose ‘Corporate Death’ On The Trump Organization

Letitia James is the Attorney General for the state of New York, and that makes her one of the most powerful prosecutors in the country, especially since she’s making it clear that she intends to “use every area of the law” as she investigates the president, his family, and his business, as NBC News has reported:

“New York law allows the attorney general to seek restitution and damages — and, in extreme cases, dissolution — if a business is found to have engaged in persistent fraud. There’s also the Martin Act, a 1921 statute designed to protect investors.

“Past attorneys general have used the Martin Act, considered to be the U.S.’s toughest such state statute in this realm, to expand their powers in the financial crimes sector. The law empowers the attorney general to subpoena witnesses and documents for information pertaining to possible fraud.”

 


As many crimes as the Trump Organization is suspected of having committed (Trump University was just the tip of the iceberg, experts say), AG James could use a legal sledgehammer as she goes about bringing charges against the president’s company, which just so happens to be run by his two eldest sons, Don Jr. and Eric. And that could prove especially catastrophic for the Trump business empire. The power wielded by James under the laws of New York could even be used for a “judgment of corporate death” if she chooses to seek the total dismantling Trump’s holdings in real estate and other businesses.

 


The New York AG has already signaled the direction she plans to pursue, at least initially, having subpoenaed banks that do business with Trump as a way of seeing inside the Trump Organization and Trump’s bank accounts.

Something James told MSNBC host Ari Melber should be of special concern to the president and anyone with connections to the Trump Organization:

“Most of (Trump’s) business activities are performed in New York, he engages in business in New York, he operates in New York and it’s really critically important that New Yorkers as taxpayers — it’s really critically important that we understand and know whether or not he devalued his corporations and he received some tax benefits thereof, that he engaged in false claims against New Yorkers.”

 


Letitia James is going after Trump on numerous fronts. But it’s her investigation of the Trump Organization that could well pose the greatest legal danger to him.

 

Categories
Crime Donald Trump Donald Trump Jr. WTF?!

Don Jr. Urges MAGA Faithful To Buy Trump Merch Only From Him – Not People ‘Lining Their Own Pockets’

Attention all MAGA morons who have money to burn and want to spend it on assorted Trump crap you can put up around your house, on your car, and anywhere else you feel the need to pimp for failed one-term, twice-impeached, and multiple indicted former president Donald Trump: Stop giving your money to people who are only interested in making a buck off the Donald’s tainted name.

That’s the message from Donald Trump Jr. (more appropriately known as Donald #2), who wants the Trump faithful to only spend their bucks at his online store.

On the Monday edition of his “Triggered” podcast, Junior lamented that some people who sell Trump merchandise are only interested in “lining their own pockets.”

“I get other people have made [a] very good living doing the MAGA merch, even if none of the money actually goes toward the [Trump] campaign or the cause.”

Understand, the disgraced ex-president’s namesake added, that he simply wouldn’t “feel right about profiting” from his old man’s four indictments. “I’d probably actually get killed in the press, thinking about it now.”

However, Junior quickly noted, you’re certainly welcome to direct your internet browser over to his website and scoop up some of the caps, shirts, posters, koozies, etc. emblazoned with the Trump name and infamous mugshot taken in Fulton County, Georgia just last week.

Twitter users couldn’t resist mocking Don Jr. for his blatant grifting.

 

Categories
Donald Trump WTF?!

Financially Strapped Trump Is Selling ‘Video Statements’ For $50 A Pop

Failed, one-term, twice-impeached former president Donald Trump is in a serious financial bind, and he’s so desperate for cash that now he’s trying to get his supporters to fork over $50 just to see a video message from him.

According to recent reports, the loser ex-president is facing legal problems in New York, Georgia, and from federal investigators who suspect he violated the Espionage Act for hoarding top secret documents at his Mar-a-Lago resort in Florida.

Business is also going badly for the Donald, with his Trump Social site hemorrhaging money as investors pull millions from his venture and the entire operation circles the drain.

When in doubt, Trump relies on the ignorance and gullibility of his MAGA faithful, and that’s exactly what he’s doing this time, with Ron Filpkowski revealing the begging for cash is so the donor can get a special message from the lifetime loser.

Be sure and note the language used: FIRST CHANCE, NEW VIDEO, TOP SECRET, and now you can “unlock the video message” for a mere $50 donation. Don’t delay; act today!

Desperate much, Donnie?

Worst of all, thousands of Trumpers will gladly fork over the 50 bucks and do without their medicine for a month just so they can see a message from the Grifter-in-Chief. It’s like an addiction and they need their fix.

The best part about the latest Trump bullshit parade is the reaction it drew on social media.

https://twitter.com/BigCin625/status/1574056341815103491?s=20&t=nSl_QsQki6ncT-JTLDVdLg
https://twitter.com/DaveInSinCity/status/1574048621351251969?s=20&t=nSl_QsQki6ncT-JTLDVdLg
https://twitter.com/DanKell57346423/status/1574047607474868226?s=20&t=nSl_QsQki6ncT-JTLDVdLg
 

Categories
Donald Trump

Trump-Announced Boxing Match Was A Massive Failure According To Pay-Per-View Receipts

Failed, one-term former President Donald Trump was practically giddy when he discussed the cut he’d be getting for providing commentary on a “gamecast” of a Sept. 11 boxing match between Evander Holyfield and Vitor Belfort. According to TMZ, Trump bragged that he was getting paid an “obscene” amount money for the gig.

But based on the pay-per-view revenue from that “gamecast,” the entire fight was an enormous failure.

Mediaite reports that boxing reporter Dan Rafael got ahold of the financials from the Holyfield-Belfort fight and it was a giant dud:

“In a fight that never should have happenedEvander Holyfield was embarrassed in his return to the ring last week against Vitor Belfort, getting KO’d in the first round. But the real loser might be Triller Fight Club.

“According to boxing journalist Dan Rafael, sources say the fight generated around 150,000 PPV buys. If that number holds, it will represent a massive fail for Triller, who promoted and sold the PPV event for $49.99.”

To make it clear just how pathetic a showing the fight was, consider this:

“In comparison, Mike Tyson’s return to the ring against Roy Jones Jr. last year surpassed a reported 1.6 million PPV buys, or more than 10 times the reported amount of Triller’s Holyfield bout.”

Ouch. Trump didn’t even manage to do one-tenth of the revenue Mike Tyson did, and he considers Tyson to be a friend. Since both have been accused of rape, it’s no wonder they’re such good buddies.

What does this tell us? Well, for one thing it suggests that the powers-that-be at Triller (which is a stupid name) is a terrible judge of talent, be it of boxers or announcers.

But it’s also further verification of what former GOP strategist Rick Wilson has said ever since the Donald decided to run for president and almost destroyed the country during his four years in office: Everything Trump touches dies.

 

Categories
Crime Donald Trump

Judge Rules Massive ‘Pyramid Scheme’ Lawsuit Against The Trump Family Can Move Forward

A federal judge has dealt a major blow to Donald Trump, his family, and the Trump Corporation by refusing to stay a massive lawsuit that accuses the Trumps of running a pyramid scheme that allegedly bilked investors out of millions of dollars. Those investors are now seeking a large settlement that could possibly endanger the already shaky financial situation of the family-held company.


According to Law and Crime:

“The complicated and anonymous class action lawsuit, filed by a Jane Doe and others, resulted in motions to stay the proceedings and interlocutory appeals by the Trumps, the Trump Corporation, and a third party called ACN Opportunity, LLC. ACN was ordered to produce documents relevant to the claims. Interlocutory appeals are appeals to higher courts filed in the midst, rather than at the conclusion, of lower court litigation.

“The judge, Lorna G. Schofield, a Barack Obama appointee, said the lawsuit would not be put on hold.”


Judge Schofield’s ruling is also problematic for Trump because it threatens to expose many of his shady business practices as part of the lawsuit and could also result in his three eldest children — Don Jr., Ivanka, and Eric — having to give depositions and appear in open court as part of the lawsuit.

The suit, which is a class action filing, accuses the Trump family and their business of promoting a multi-level marketing — aka pyramid — scheme, which was known as the ACN Opportunity, LLC:

“ACN, the plaintiffs said, was a ‘get-rich-quick scheme’ that relied on Trump and his family ‘conn[ing] each of these victims into giving up hundreds or thousands of dollars,’ in violation of various state laws.”


Conning and grifting are the only two enterprises Trump and his spawn have ever excelled at. When they’re unable to do so, they wind up filing for bankruptcy and moving on to another con job.

The Trumps had attempted to force the suit into arbitration so that discovery could be kept secret. Additionally, there are reportedly recordings of Donald Trump that will be introduced as evidence in the ACN lawsuit. Those alone could wind up being humiliating for the president and others in his orbit.

For now, the case moves forward, and facts will be coming out left and right. That alone is reason for Donald Trump to be worried. As we know, he’s never been a fan of facts or the truth.