"Within days, Donald Trump could potentially have his sprawling real estate business empire ordered ‘dissolved’ for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the ultimate punishment for violating New York’s powerful anti-fraud law,” the AP reports.
“An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses.”
I’m really tired of so many people saying that doing something as a consequence for Trump’s actions would set a new precedent. So many things that he has done are unprecedented. There is no FAQ for when the president refuses to transfer power or when a “billionaire” politician is caught perpetrating decades of multitudes of types of fraud.
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