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☆ Fraud like nobody's watching: Trump was probed for 5 years, and still wouldn't clean up his act
▼ + stars: | 2024-02-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

Donald Trump's fraud verdict targets three things he values dearly: his cash, his New York business address, and the Trump Organization steering wheel. Otherwise, as Engoron noted in his verdict, Trump, his company, and his sons, Donald Trump Jr. and Eric Trump, "are likely to continue their fraudulent ways." In previous years, Trump has settled allegations of fraud involving the Trump Foundation, Trump University, and the 2017 Inaugural Committee, Amer pointed out in closings. The same day James concluded her initial investigation and filed her massive Trump fraud lawsuit, on September 21, 2022, Trump incorporated "Trump Organization II" in what her office worried was an attempt to shift and protect assets. Advertisement"In short," they added, Trump and Trump Organization leadership "have proven themselves incapable, time and again, of following the law."

Persons: Trump, Donald Trump's, —, he's, Letitia James, Arthur Engoron, James, he'll, Barbara Jones —, Judge Jones, Jones, Engoron, Donald Trump Jr, Eric Trump, Cushman, Trump's, Allen Weisselberg, Patrick Birney, Birney, Weisselberg, Donald, — Trump, Andrew Amer, Amer, — Jones, Jean Carroll, Kevin Wallace, Christopher Kise, Kise, She's Organizations: NY, Trump Organization, Trump, GOP, New York, Deutsche Bank, Mazars, Trump Org, Trump Foundation, Trump University, New, Independent Monitor Locations: New York, Mazars USA, Wakefield, Trump

☆ Trump is fighting back after a court monitor report that suggested he evaded taxes
▼ + stars: | 2024-01-30 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A letter from Donald Trump's court monitor in his fraud trial suggests he lied about a $48 million loan. The team also provided a memo from the Trump Org's legal department stating that the loan was paid off. AdvertisementDonald Trump is fighting back after a court monitor's footnote indicated that the former president may have committed tax fraud. The Daily Beast first reported on Sunday the note from Jones is a clue Trump used a fake $48 million loan as a vessel to avoid paying income taxes. Advertisement"It would appear, assuming Judge Jones' letter is accurate, that this amounts to tax evasion," Martin Lobel, a tax lawyer, told The Daily Beast.

Persons: Donald Trump's, —, Donald Trump, Barbara Jones, Arthur Engoron, Donald J, Trump, Jones, Judge Jones, Martin Lobel, Clifford S, Robert, Christopher Kise, , Jason Flemmons, Kise Organizations: Trump, Service, Trump Organization, Manhattan Supreme, Chicago, Daily Beast, Daily, Business, Government, Trump Org, Mezz Venture

☆ Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says
▼ + stars: | 2024-01-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Jones and Trump Organization attorney Alan Garten did not immediately respond to requests for comment from Business Insider. A 'pretty brazen' plotGarten told The Daily Beast an "internal loan" wherein Trump "leant money to the entity that he owns" does exist. "It would appear, assuming Judge Jones' letter is accurate, that this amounts to tax evasion," Martin Lobel, a tax lawyer, told The Daily Beast. So, instead of paying income taxes of up to 39% on the forgiven debt, the outlet reported, Trump "invented a loan — and then parked it."

Persons: —, Barbara Jones, Donald Trump's, Arthur Engoron, Jones, Trump's, Trump, Donald J, Alan Garten, Garten, Judge Jones, Martin Lobel, Mother Jones, Adam Levitin, didn't, Jordan Organizations: Service, Daily, Business, Manhattan, Trump Organization, Chicago, Government, New York Times, Georgetown University, Citizens Locations: York, Washington

Details of the medical procedure were also blacked out in the letter, which noted that federal prosecutors had not consented to Zhao's request. Jones held a closed hearing on the request on Dec. 29, and denied Zhao's bid to travel, court records show. Jones earlier in December rejected another request to allow Zhao to travel to the UAE. The judge said Zhao's "enormous wealth" made him a significant flight risk. His family resides in the UAE and it appears that he has favored status in the UAE," Jones wrote in a six-page order on Dec. 7.

Persons: Zhao Changpeng, Binance, Changpeng, Richard Jones, Zhao, Judge Jones, Jones, Zhao's Organizations: Viva Technology, Porte de, United Arab Emirates, Jan Locations: Porte, Paris, France, U.S, Seattle, Abu Dhabi, UAE, United States

☆ Fraud-trial judge saves Trump from what could have been a shoot-self-in-foot plan to call Trump Org's court-ordered watchdog as a defense witness
▼ + stars: | 2023-11-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

The judge nixed that plan; meanwhile, on December 11, Trump will be his own final defense witness. In her 12 months as Trump Org's independent watchdog, Jones, a retired federal judge, has repeatedly described Trump Org's ongoing difficulties with thoroughness and transparency. New York Unified Court System"Were you aware that Judge Jones had prepared a report, saying that certain reporting has been incomplete?" "Were you aware that Judge Jones had identified such inconsistencies?" It is the ninth week of trial, and the third week of Trump's defense case.

Persons: Barbara Jones, Trump, —, Donald Trump's, Arthur Engoron, Jones, Andrew Amer, Letitia James, Judge Jones, Amer, Mark Hawthorn, Hawthorn, Clifford Robert, Robert, Christopher Kise, Kise, I'm, Engoron, Eric Trump, Donald Trump Organizations: Trump, Service, Trump Organization, Trump Organization . New York Unified, Hawthorn Locations: New York, Manhattan, Trump's

☆ 6 troubling questions about the Corizon bankruptcy deal
▼ + stars: | 2023-10-26 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +20 min

The bankruptcy of prison health provider Corizon has faced pressure from senators and a federal regulator in recent weeks. Other troubling questions surrounding the bankruptcy involve payments to insiders, "dishonest" testimony, and a secret data breach. The other company, Tehum, was saddled with most of Corizon's liabilities and, in February, filed for bankruptcy. AdvertisementAdvertisementNine US senators have written to Corizon successor companies Tehum Care Services and YesCare demanding answers about Corizon's efforts to "manipulate bankruptcy law." AdvertisementAdvertisementLefkowitz repeatedly said under oath during a June creditor call that he didn't know who owned Geneva Consulting — the company Corizon paid $5.5 million.

Persons: Corizon, —, Christopher Lopez, David Jones, Elizabeth Freeman, YesCare, Jones, Tehum, Judge Jones, Freeman, Ian Cross, Elizabeth Warren, Bernie Sanders, Cory Booker, Dick Durbin, Lopez, they're, Kevin Eckhardt, Hector Garcia Jr, Hector Garcia, Belen Lowery, Garcia's, Jeff Sholey, Isaac Lefkowitz, Lefkowitz, Sara Tirschwell, Jeffrey Scott King, Ayodeji, Michelle Rice, Jennifer Finger, Sholey, Edward Janger, Janger, he's, didn't, Geneva, Russell Perry, Baker, Hostetler, Tehum's, Tracey Grissom, Grissom, Julia Tutwiler, Roman, Sannikov, CISA, Tehum hadn't, What's, it's Organizations: Service, Tehum Care Services, Justice Department, Corizon, Arizona Department of Corrections, Rehabilitation, Geneva Consulting, Tehum, University of Missouri Health Care, Brooklyn Law School, Geneva, Genesis Healthcare, Department, US, Court, Southern, Southern District of, Baker, FBI, Infrastructure Security Agency, of Health, Human, CISA, HHS, HIPAA, Women Locations: Houston, Texas, YesCare, Reorg, New Mexico, Corizon, Geneva, Southern District, Southern District of Texas, Alabama, Wetumpka , Alabama, Rivers, bitcoin, Tehum

☆ Georgia’s Voting Maps Are Struck Down
▼ + stars: | 2023-10-26 | by ( Emily Cochrane | More About Emily Cochrane | ) www.nytimes.com time to read: +1 min

Republicans in Georgia violated a landmark civil rights law in drawing voting maps that diluted the power of Black voters, a federal judge in Atlanta ruled on Thursday, ordering that new maps must be drawn in time for the 2024 elections. Judge Steve C. Jones of the Northern District of Georgia demanded that the state’s legislature move swiftly to draw new maps that provide an equitable level of representation for Black residents, who make up more than a third of the state’s population. In the ruling, Judge Jones wrote that the court “will not allow another election cycle on redistricting plans” that had been found to be unlawful. “Georgia has made great strides since 1965 towards equality in voting,” Judge Jones wrote, referring to a troubled history of racism and disregard for voting and civil rights. “However, the evidence before this court shows that Georgia has not reached the point where the political process has equal openness and equal opportunity for everyone.”

Persons: Steve C, Jones, Judge Jones, ”, ” Judge Jones Organizations: Northern, Northern District of Locations: Georgia, Atlanta, Northern District, Northern District of Georgia, “ Georgia

U.S. Bankruptcy Judge David Jones, who oversees more major Chapter 11 cases than any other U.S. judge, is seen in a screenshot from video shot during a virtual interview with Reuters done from Houston, Texas, U.S. December 11, 2020. Jones had already stepped back from overseeing large bankruptcy cases and began reassigning them to two other judges on the court. Until December 2022, Freeman had been a partner at Jackson Walker, a local law firm that filed many cases in Jones' Houston courthouse. Ethics experts have said the undisclosed relationship casts doubt on the integrity of Jones' court. "From the time we first learned of this allegation Ms. Freeman was instructed not to work or bill on any cases before Judge Jones.

Persons: David Jones, Randy Crane, Jones, Elizabeth Freeman, Freeman, Jackson Walker, Judge Jones, Shubhendu Deshmukh, Bill Berkrot, Alexia Garamfalvi Organizations: Reuters, REUTERS, Staff, U.S . Chief U.S, District, Southern, Southern District of Texas, Circuit, McDermott International, Tehum Care Services, U.S . Trustee, Department of, Thomson Locations: Houston , Texas, U.S, Houston, Southern District, New Orleans, Jones ' Houston, Debtwire, Bengaluru

☆ Top US bankruptcy judge resigns following revelation of undisclosed romantic relationship
▼ + stars: | 2023-10-15 | by ( Nicole Einbinder | Dakin Campbell | ) www.businessinsider.com time to read: +4 min

Insider recently revealed that prominent bankruptcy judge David Jones was in a romantic relationship with a bankruptcy attorney. Both Jones and the attorney had involvement with the bankruptcy case of the prison healthcare company Corizon. Jones oversaw the settlement talks in Tehum's bankruptcy; Freeman represented YesCare — and signed off on Jones' appointment as mediator in May. "Judge Jones did not disclose his relationship with Ms. Freeman to the parties, to their counsel or to the bankruptcy judge who appointed Judge Jones," the misconduct complaint says. Already, the disclosure of Jones' relationship has encouraged the US Trustee to intervene.

Persons: David Jones, Jones, —, –, Elizabeth Freeman, Jackson Walker, Freeman, Corizon, Tehum, YesCare —, Michael Van Deelen, Priscilla Richman, Richman, Judge Jones, Christopher Lopez, " Jones Organizations: Fifth, Service, Southern, Southern District of Texas, Corizon Health, Tehum Care Services, Wall Street Journal, Appeals, Circuit, Fifth Circuit, Bloomberg Locations: Southern District, Texas, Corizon, Tehum's

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Persons: Dow Jones, fad88b0c

Persons: Dow Jones, fad88b0c

☆ Prominent bankruptcy judge David Jones recused from cases, under investigation after exposure of undisclosed romantic relationship
▼ + stars: | 2023-10-13 | by ( Nicole Einbinder | Dakin Campbell | Esther Kaplan | ) www.businessinsider.com time to read: +7 min

Last week, Insider revealed that prominent bankruptcy judge David Jones was in a romantic relationship with a bankruptcy attorney. The Office of the US Trustee, the bankruptcy regulator, has filed an objection in the Corizon bankruptcy case, citing Jones' "admissions." The Office of the US Trustee intervenesToday the Office of the US Trustee, the federal regulator that oversees bankruptcy cases, took the unusual step of intervening in the bankruptcy case. AdvertisementAdvertisementThe office filed multiple objections to the proposed settlement plan overseen by Judge Jones, including concerns about Jones' role as mediator. The bankruptcy plan breaks creditors down into several classes.

Persons: David Jones, Jones, —, Elizabeth Freeman, Freeman, Corizon, Tehum, Michael Van Deelen, didn't, he'd, Harris, Marvin Isgur, Christopher Lopez, Lopez, Judge Jones, Hector Garcia Jr, Hector Garcia, they're, Lila Hassan Organizations: Fifth Circuit, Service, Southern, Southern District of, Court, Fifth, Tehum Care, Wall Street Journal, Houston, Corizon Locations: Southern District, Southern District of Texas, Texas, YesCare, New Mexico

☆ Will the Trumps lose their homes? NY judge who dissolved Trump Org is cryptic at a tense hearing
▼ + stars: | 2023-09-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's lawyers were back on Wednesday before the NY judge who on Tuesday "dissolved" Trump Org. One asked the judge if the LLCs that own the Trumps' homes are covered under the dissolution. But concern – including over the fate of the Trump residences that are held as LLCs under the Trump Org umbrella – was present in abundance. At Wednesday's morning-long hearing, the judge gave Trump's side the 30 days they requested to agree to a receiver. 'You have New York entities that just own a house or a townhouse.

Persons: I'm, —, Donald Trump, Trump, Arthur Engoron, Engoron, Letitia James, Barbara Jones, general's, Chris Kise, Don Jr, Kise, I'd, Judge Jones Organizations: NY, Trump, Service, Trump Organization, Trump Org, York, New York, Trump Tower Locations: Manhattan, New York, York

Removing a case to federal court requires persuading a judge that the actions under scrutiny were carried out by federal officers as part of their official business. Earlier this year, Mr. Trump failed in his attempt to move a New York State criminal case against him to federal court; his argument in that case was seen as particularly tenuous. Presiding over the hearing on Mr. Meadows’s motion Monday was Judge Steve C. Jones of United States District Court in Atlanta. The judge ruled that the law was clear that “state court proceedings continue” until a decision has been reached on removal. Judge Jones is an Obama appointee to the federal bench who has been moving quickly regarding the removal question.

Persons: Trump, Steve C, Jones, Judge Jones, Meadows’s, Scott McAfee, Judge McAfee, Brian Kemp, Willis, Obama Organizations: New York State, United States, Court, Fulton County Superior Court, Republican, Federalist Society Locations: New, Atlanta, Fulton, Fulton County

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