Former United States President Donald Trump has a vast empire of some of the best and most prestigious golf courses throughout the United States, but a judge could make a decision that threatens his ability to continue that business.
According to a report from Newsweek, Donald Trump could be banned from “any American real-estate transactions if they include business in New York,” which would obviously affect his golf business.
“James has asked a judge to ban Trump from the real-estate industry for life as punishment for fraudulently inflating the value of his assets. Judge Arthur Engoron is due to make a decision on that request on January 31 and decide on an overall punishment for Trump and his two adult sons, Eric and Donald Jr. Newsweek sought email comment from Trump’s attorney on Tuesday,” O’Driscoll wrote for Newsweek.
And though the decision would come from a New York judge, lawyer Paul Golden explains that the decision could impact Trump’s ability to do business at his golf courses in the rest of the United States, as well.
“Even if Hon. Engoron cannot bar the Trump defendants from engaging in the real-estate business outside New York, it is possible he could issue a judgment which indicates that, to the degree the Trump defendants’ future non-New York business could affect New Yorkers, such activity would be barred,” Golden told Newsweek.
Obviously, this would be devastating news for Trump, and it led to a lot of reactions on social media.
important to remember: Trump's fraud has already been ruled on. It's consequence time.
— Layman Politics (@PoliticsLayman) January 30, 2024
Isn't he mostly international
— Dr. D. S̶o̶l̶o 🛠️ (@RobotTacos) January 30, 2024
Or the whole thing could fall apart soon.
— 30WCF (@Wcf30) January 30, 2024
Trump for Bankruptcy 2024!
Trump is effectively bankrupt.https://t.co/dcXyLcWGva— Steven Johnson ✡️🇮🇱🇺🇸 (@StevenJ95733546) February 4, 2024
Faherty said that N.Y. State Executive Law 63(12)—which was used in the N.Y. attorney general's lawsuits against both Trump & Shkreli—gives the court the ability to "issue a permanent & plenary ban in a particular industry" and should be applied to Trump.https://t.co/XfgWjg5inG
— Rachel M. Greenberg (@rachel99marta) January 31, 2024
The court has already ruled that Trump is liable in the fraud case. We’ll have to see what sort of punishment Trump receives.
[Newsweek]
