Topline
The Trump Organization will now be restricted in how it moves and reports its business assets as New York Attorney General Letitia James’ lawsuit alleging fraud by former President Donald Trump and his company moves forward, a judge គ្រប់គ្រង Thursday, appointing an independent monitor to oversee its activities.
Former President Donald Trump raises his fist while walking to a vehicle outside of Trump Tower in … [+]
AFP តាមរយៈគេហទំព័រ Getty Images
ការពិតសំខាន់
An independent monitor will be appointed to oversee the Trump Organization’s activities and financial statements, New York State Supreme Court Justice Arthur Engoron ruled Thursday, and the company is barred from transferring or disposing of material assets without giving advance notice to the court and James’ office.
James had asked the court to temporarily stop the Trump Organization from continuing activities she alleges constitute fraud while her civil lawsuit is still playing out in court.
The independent monitor will be tasked with reviewing the Trump Organization’s financial documents “to assess [their]
accuracy,” as well as provide information to the monitor in advance of any plans to restructure the company.
James has accused the Trump Organization of fraudulently inflating the value of its assets for financial gain—so the appointment of the independent monitor would help ensure it can’t continue to state allegedly false valuations on financial documents—and alleged the company has tried to restructure its business and move activities out of New York in order to “avoid existing responsibilities under New York law.”
អង្គការ Trump បានប្រកែក the “overbroad” injunction should be rejected, alleging the state is inserting itself into what should be a private business matter and decrying James as just wanting to “generate extensive press coverage on the eve of an election.”
Engoron—whom Trump has previously វាយប្រហារ as “biased”—ruled the Trump Organization was “mistaken” in its argument that James didn’t have standing to sue, and said while James has attached “dozens of exhibits” showing evidence of alleged fraud that suggest her office is likely to succeed in the litigation, the Trump defendants “have failed to submit an iota of evidence” that disproves her claims.
សម្រង់សំខាន់
“Failure to grant … an injunction could result in extreme prejudice to the people of New York,” Engoron wrote in his order, noting New Yorkers “derive enormous economic and other benefits” from the city’s financial activities. “Our executive, legislative and judicial institutions are obligated to ensure that financial transactions are conducted truthfully, not fraudulently.”
ប្រធានរិះគន់
Trump attorney Chris Kise បានប្រកែក during a hearing Thursday that James’ request was a “manufactured bill of grievances,” as quoted by Politico, adding a ruling in James’ favor “could be used in a way that doesn’t really relate to any kind of harm” because “we’re a few days out from an election.” Trump and his company have more broadly objected to James’ lawsuit as being politically motivated, with the Trump Organization previously describing it in a statement as “the culmination of nearly three years of persistent, targeted, unethical political harassment” by the AG and “about politics, pure and simple.” The Trump Organization has not yet responded to a request for comment on Engoron’s ruling.
លេខធំ
$250 million. That’s approximately how much James is asking Trump and the other defendants to pay in fines should the state ultimately win its lawsuit.
អ្វីដែលត្រូវមើល
James’ lawsuit could take years to play out, legal experts have បានព្យាករណ៍, explaining why the AG wanted the court to issue some measures now that could stymie the Trump Organization until the case is fully resolved. The New York lawsuit ultimately asks the court to impose a range of punishments on Trump, his children and business, including canceling certificates for Trump’s businesses, imposing more oversight on the company, barring Trump from engaging in any commercial real estate acquisitions for five years and blocking him and his children from serving as officers or directors in any New York business. While James’ litigation is a civil lawsuit, she said her office has also referred evidence of crimes to the Justice Department and Internal Revenue Service, which could result in additional criminal charges.
សាវតាសំខាន់
លោកយ៉ាកុប បានប្តឹងលោក Trump, the Trump Organization, his children and other business associates in September, the culmination of a years-long investigation into the company’s financials that began in March 2019 after ex-Trump attorney Michael Cohen testified to Congress the then-president had fraudulently changed the value of his assets on financial statements for personal gain. The lawsuit accuses the Trump Organization of fraudulently inflating the value of its assets more than 200 times between 2011 and 2021 in order to obtain more favorable business deals and inflate Trump’s own net worth, including valuations for Trump’s Mar-A-Lago estate and ផ្ទះល្វែងនៅ Trump Tower. Those allegedly false valuations “were approved at the highest levels of the Trump Organization—including by Mr. Trump himself,” the lawsuit alleges. James deposed Eric Trump, Donald Trump Jr. and Ivanka Trump as part of her office’s investigation into the company, which included interviews with more than 65 witnesses in total. Trump himself was also បានទម្លាក់ in August, though he refused to answer questions and invoked his Fifth Amendment rights. Engoron noted in his ruling Thursday the judge “drew a negative inference” about Trump’s innocence based on him invoking his right against self-incrimination.
តង់ហ្សង់។
Trump separately sued James Wednesday in Florida state court in an effort to stop her from getting some financial documents as part of the New York lawsuit. The ex-president is asking the court to block James from receiving a copy of Trump’s revocable trust in Florida, which holds ownership of the Trump Organization, សួរ the court for “protection from James’ ongoing abuse and efforts to interfere with, control, gain access to, and publicly expose the terms of his Florida revocable trust.” James’ office ចង្អុល to that lawsuit in court on Thursday as “put[ting] beyond doubt” that the court should grant its request for an injunction, saying the lawsuit shows Trump “is, in fact, attempting to shield the key documents governing the structure of his business conglomerate and ownership of his business assets from review.”
អានបន្ថែម
ញូវយ៉កស្វែងរកដីកាប្រឆាំងនឹង Trump ដើម្បីបញ្ឈប់ការក្លែងបន្លំដែលកំពុងបន្ត (ទស្សនាវដ្តី Forbes)
NY AG James ប្តឹង Trump ពីបទក្លែងបន្លំ (ទស្សនាវដ្តី Forbes)
ការត្រួតពិនិត្យ & ភាពមិនស្មើគ្នា៖ ទស្សនាវដ្ដី Forbes ពិនិត្យមើលបណ្តឹងក្លែងបន្លំ Trump (ទស្សនាវដ្តី Forbes)
ការកត់ត្រាផ្តាច់មុខ ឯកសារជំរុញការប្តឹងក្លែងបន្លំ Trump (ទស្សនាវដ្តី Forbes)
របៀបដែល Forbes លាតត្រដាងការកុហករបស់លោក Trump អំពីទំហំនៃ Penthouse របស់គាត់។ (ទស្សនាវដ្តី Forbes)
Source: https://www.forbes.com/sites/alisondurkee/2022/11/03/judge-appoints-independent-monitor-to-oversee-trump-organization-amid-fraud-probe/