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☆ Cameo was once valued at $1 billion. Now it's so broke it can't pay a $600,000 fine.
▼ + stars: | 2024-07-24 | by ( Jacob Shamsian | Jack Newsham | ) www.businessinsider.com time to read: +1 min

Cameo was once a tech unicorn, valued at over $1 billion just three years ago. Now it can't pay a $600,000 fine, according to a recent settlement document. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, Cameo can't even pay a $600,000 fine. This story is available exclusively to Business Insider subscribers.

Persons: Cameo, —, Letitia James Organizations: Service, New York, Business

☆ Trump’s New Rival May Bring Out His Harshest Instincts
▼ + stars: | 2024-07-23 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

Donald J. Trump and his political team spent nearly two years tailoring a campaign to defeat an old white male president who is conspicuously frail and who most Americans had told pollsters they doubted could handle another four-year term. Suddenly, Mr. Trump faces a starkly different opponent: a vice president who is a Black woman, nearly 20 years younger, and who brings her own strengths and weaknesses but who adds new uncertainty into what had been a remarkably static race. Allies of Ms. Harris have already telegraphed that she will run a campaign framed around a “prosecutor versus felon” theme, highlighting her experience as a prosecutor and underscoring the fact that Mr. Trump has been indicted in multiple jurisdictions and convicted of 34 felonies. The prosecutor-versus-felon approach may appeal to undecided voters who had been sour on both Mr. Trump and President Biden. It may also goad Mr. Trump, who reacts strongly to criticism, into resurrecting the language he has used against other Black female prosecutors, such as Letitia James in New York and Fani Willis in Georgia, both of whom he has called “racist” and attacked in personal terms.

Persons: Donald J, Trump, pollsters, Harris, Biden, Letitia James, Fani Willis Locations: New York, Georgia

☆ Live Election Updates: Harris Hits Trail With Delegates, Cash and Energy at Her Back
▼ + stars: | 2024-07-23 | by ( Nicholas Nehamas | Chris Cameron | ) www.nytimes.com time to read: +11 min

The prosecutor-versus-felon approach may appeal to undecided voters who had been sour on both Mr. Trump and President Biden. Mr. Trump, for his part, has been trying to soften some of his harshest rhetoric about seeking vengeance on his rivals ahead of the general election. In the case of Ms. Harris, the contempt is displayed both in public and private. Since then, Mr. Trump has attacked her savagely, particularly when she became Mr. Biden’s running mate in 2020. On Sunday, Mr. Trump, who has insisted he would debate Mr. Biden anytime and anywhere, appeared to try to change the terms of the second debate.

Persons: Donald J, Trump, pollsters, Harris, Biden, Letitia James, Fani Willis, fraudsters, cheaters, Donald Trump’s, Kamala Harris, Erin Schaff, Angela Merkel, “, Carol Leonnig, Philip Rucker, Mr, ”, Barack Obama, Ms, Lauren Leader, Hillary Clinton, Trump’s, Daniel Acker, Karoline Leavitt, Harris “, Joe Biden, Kamala, Joe Biden’s, Neil Newhouse, Biden’s, she’s, Mike Pence, Biden’s frailties, Jessica Mackler, Donald Trump Organizations: Democratic, Trump, Trump . Credit, The New York Times, Washington Post, Fox News, Publicly, The New York, Mr, Republican, Trump University, ABC, Republican National Convention, National Republican Senatorial Committee, Senate Republicans Locations: New York, Georgia, San Francisco, California, “, Trump ., Iowa, Michigan , Pennsylvania, Wisconsin

“The award of $464 million in a case with no victims, no proven injuries, and no losses is not remotely defensible,” Trump’s lawyers wrote. According to Trump’s attorneys, Trump personally should have been dismissed as a defendant. The Trump attorneys accused Engoron of enacting a “punitive” penalty against the former president that was unconstitutional. Just like at trial, Trump’s lawyers in particular took issue with a reference in Engoron’s summary judgment opinion that Trump’s Mar-a-Lago resort was valued at $18 million. During the trial, Engoron said that he was not trying to assess the value of the property when he referenced the tax assessor value.

Persons: Donald Trump, Arthur Engoron, Trump, – Donald Trump Jr, Eric Trump –, “, ”, Engoron, Ivanka Trump, Letitia James, Trump’s, Lago, Chris Kise, ” Kise Organizations: CNN, New, Trump Organization, Post, Trust, New York, Trump, Post Office Locations: York, New York, Washington ,, Manhattan, Lago

☆ Ex-NRA leader who helped legalize AR-15s offers 'hearts and prayers' to Trump shooting victims from his 2nd corruption trial
▼ + stars: | 2024-07-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

LaPierre, 74, spoke to Business Insider briefly from the hallway outside his second civil-corruption trial, which began Monday in Manhattan. I know our hearts and prayers go out to the Buffalo fireman that lost his life, and his family." He literally designed the gun," Cotton added. AdvertisementThe AG's lawyers will likely ask Barrett about joining Cotton in downplaying the NRA corruption jury's findings at the May meeting. In 2020, she sued the NRA, LaPierre, and three other longtime top executives, alleging a leadership culture of fraud, greed, and retaliation against whistleblowers.

Persons: —, Wayne LaPierre —, Donald Trump, LaPierre, Trump, Joe Biden's, Letitia James, James, Charles Cotton, Cotton, Steve Shiffman, Ronnie Barrett, Barrett, Barrett's, John Frazer, Joel Cohen, Cohen, liken Organizations: Service, National Rifle Association, Business, Buffalo, New York, NRA, Slate, Al, Irish Republican Army, Cotton, Corporate Locations: Manhattan, Al Qaeda, Northern Ireland, New York

☆ The N.R.A. Is Facing a Court Fight for Control of Its Future
▼ + stars: | 2024-07-13 | by ( Danny Hakim | ) www.nytimes.com time to read: +1 min

Five months after the longtime face of the gun rights movement, Wayne LaPierre, was found liable for misspending $5.4 million of the National Rifle Association’s money, the gun group’s leadership will return next week to a Manhattan courtroom. For the N.R.A. The jury’s verdict was a victory for New York’s attorney general, Letitia James, who brought the corruption case. was at the forefront of a movement that repeatedly beat back gun control legislation while vastly expanding the scope of the right to bear arms. But this new challenge comes as the group’s influence within the gun rights movement has waned, along with its standing as a power player in Republican politics.

Persons: Wayne LaPierre, LaPierre, superyacht, Letitia James Organizations: Rifle, New, Court Locations: Manhattan, Bahamas

☆ The return of Wayne LaPierre: in 2nd NY trial, NRA's former 'king' fights for the right to resume some role at gun lobby
▼ + stars: | 2024-07-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

NRA lawyers pointed to his sudden, mid-trial resignation as welcomed proof of a "course correction." New York Attorney General Letitia James wants Wayne LaPierre barred from resuming any financial role at the NRA. The NRA also hasn't ruled out the possibility of paying for LaPierre's continued legal fees, James' lawyers said. Despite leaving these millions of dollars in LaPierre repayments on the table, NRA lawyers are arguing that they are hemorrhaging money. For the NRA, James is asking Cohen to appoint an independent monitor who would audit and oversee the association to ensure donor money is safe.

Persons: —, Wayne LaPierre, LaPierre, Letitia James, James, Kent Correll, Correll, It's, Wilson, Woody, Phillips, Joel Cohen, what's, John Frazer —, LaPierre's, hasn't, Scott Nichols, Cohen, Jonny Frank, Charles Cotton, Douglas, Nick Suplina Organizations: Service, National Rifle Association, Business, NRA, New York, New, Brady United, Gun Safety Locations: New York, —, Manhattan, That's, United States

In this gilded echo chamber, Mr. Trump enjoys unwavering devotion — and collects the staggering price of admission. During the 2014-15 season — the last before Mr. Trump officially entered politics — The Times counted 52 fund-raiser events at Mar-a-Lago. More than two dozen midterm candidates had already held fund-raisers on the property when Mr. Trump made that statement. But that changed when Letitia James, the New York attorney general, sued Mr. Trump for exaggerating the value of his properties. And, unlike when Mr. Trump was president, “he was there a lot,” Mr. Rustmann said.

Persons: Donald J, Trump, MAGA, Matt Gaetz, “, Sebastian Gorka, ”, Forgiato, Donald Trump, Ryan Garcia, “ Donald Trump, Glenn Beck, Roger Stone, Liz Crokin, Michael T, Flynn, We’re, —, Vivek Ramaswamy, Matthew DePerno, Frank Pavone, Kari Lake, Joe Kent, ” Cameron Moore, Alex Stone, Stone, Roger J, Stone Jr, Roseanne Barr, don’t, Abraham Lincoln, Lago, Thomas D, Homan, ” Sebastian Gorka, Gorka, Abraham Lincoln ”, Trump’s, ” Mr, Vernon Jones, Letitia James, galas, Laurence Hirsh, James, Greg Christovich, Christovich, Christovich’s, Michael Barnett, Barnett, ” Frank Vain, Fred Rustmann, Mr, Rustmann Organizations: Gravity, House, New York Times, Mar, U.S.A, Times, Trump, Palm, Republican Party of Palm, Lincoln, Breakers, Policy Institute, America’s, Inc, White, Mr, America, of, Republican, Republicans, Republican National Committee, Democratic Senatorial, Trump Organization, New, U.S ., Secret Service, U.S . Department of State, Records, The Trump Organization, Republican Party of, RSM, Republican Party Locations: Mar, Jan, America, Palm Beach, Lago, Charlottesville, Va, Beach, Georgia’s, “, New York, Republican Party of Palm Beach County, Florida

☆ In N.Y. Assembly Primaries, Incumbency Outweighs Political Differences
▼ + stars: | 2024-06-26 | by ( Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

Across New York, a slew of Democratic primaries for State Assembly on Tuesday were expected to extend the battle lines between moderate and progressive Democrats over the direction of the party, a fight that has been raging since 2018. Instead, the prevailing factor seemed to be the power of incumbency. In one of the most-watched races, Assemblywoman Stefani Zinerman defeated Eon Huntley, who was supported by the Democratic Socialists of America. Ms. Zinerman, who represents the Bedford-Stuyvesant neighborhood in Brooklyn, had the support of two of the biggest Democratic names in the state, Hakeem Jeffries, the House Democratic leader, and Letitia James, the New York State attorney general. In the Hudson Valley, Didi Barrett, a six-term assemblywoman, turned back a challenge from Claire Cousin, 31, a mother of three who was backed by the Working Families Party.

Persons: Juan Ardila, Assemblywoman Stefani Zinerman, Eon Huntley, Zinerman, Hakeem Jeffries, Letitia James, Didi Barrett, Claire Cousin Organizations: State Assembly, Democratic Socialists of America, Democratic, New York, Working Families Party Locations: New York, Brooklyn, Buffalo, Queens, Bedford, Stuyvesant, New York State, Hudson

☆ Election Updates: The Jamaal Bowman-George Latimer primary could signal many political benchmarks.
▼ + stars: | 2024-06-25 | by ( Claire Fahy | ) www.nytimes.com time to read: +6 min

New York is a closed primary state, meaning Democrats and Republicans can vote only in their own parties’ primaries. Bowman and Mr. Latimer may serve as harbingers of many political benchmarks. Mr. Latimer is largely supportive of Israel, calling for a return of all hostages before any potential cease-fire. Mr. Latimer has received $14.5 million in support from the American Israel Public Affairs Committee. It has also featured negative characterizations, with Mr. Latimer portraying Mr.

Persons: Jamaal Bowman, George Latimer, luminary, Bowman, Latimer, ”, Israel, Alexandria Ocasio, Cortez, Bernie Sanders of, Bowman’s, Nancy Goroff, Nick LaLota, John Avlon, Avlon, Margaret Hoover, Goroff, Avlon’s, Rudolph W, Giuliani, Goroff’s, Lee Zeldin, Cook, John W, Mannion, Sarah Klee Hood, Brandon Williams, Assemblywoman Stefani Zinerman, Eon Huntley, Zinerman, Hakeem Jeffries, Letitia James, Didi Barrett, Claire Cousin, Eddie Gibbs, Xavier Santiago, Gibbs, Grace Ashford, Jeffery C, Mays, Nicholas Fandos Organizations: Democratic, Congressional, Mr, Democratic Party’s, American Israel Public Affairs Committee, Republican, CNN, PBS, Republican Party, ”, an Air Force, New York, State Senate, Legislature, Progressives, Democratic Socialists of America Locations: New York, Westchester County, Long, Israel, Gaza, Cortez of New York, Bernie Sanders of Vermont, New, Sag Harbor, Suffolk County, Central New York, State, DeWitt, Bedford, Stuyvesant, Brooklyn, Hudson, East Harlem

☆ Disputes About Race and Party Strategy Shape N.Y. Democratic Primaries
▼ + stars: | 2024-06-23 | by ( Grace Ashford | Jeffery C. Mays | ) www.nytimes.com time to read: +1 min

In Brooklyn, a State Assembly race has attracted the involvement of marquee figures like Hakeem Jeffries, the House Democratic leader, and Letitia James, the New York State attorney general. In East Harlem, race and ethnicity have cast shadows over another contest, with the question of whether the neighborhood should be represented by a Latino. And in Westchester County, a Democratic primary fight has included ugly accusations of lies, betrayal and purloined emails. If there was any illusion that Democrats in New York would play nice until November’s all-important general election, these contests for the Assembly in Tuesday’s primaries suggest otherwise. At the heart of many of these contests lies a long-simmering tension between institutional and progressive Democrats that has come to dominate many debates inside the State Legislature, including those involving housing and criminal justice.

Persons: Hakeem Jeffries, Letitia James Organizations: Assembly, Democratic, New York, Legislature Locations: Brooklyn, New York State, East Harlem, Westchester County, New York

☆ New York governor signs bill regulating social media algorithms, in a US first
▼ + stars: | 2024-06-20 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN —Big changes are coming for New York’s youngest social media users after Gov. The unprecedented move makes New York the first state to pass a law regulating social media algorithms amid nationwide allegations that apps such as Instagram or TikTok have hooked users with addictive features. New York officials hailed the legislation as a critical check on social media platforms’ influence over teens. “Algorithmic curation makes teenagers’ feeds healthier, and banning algorithms is going to make social media worse for teens.”The legislation’s signing sets the stage for another in a long string of court battles over state social media laws. States such as Arkansas, Florida, Louisiana and many others have passed laws clamping down on social media companies’ approach to teens.

Persons: Kathy Hochul, Vivek Murthy, ” Hochul, Letitia James, ” James, ”, Adam Kovacevich Organizations: CNN, New, Gov, New York Child Data, New York, of, Industry Locations: New York, “, Arkansas, Florida , Louisiana, Ohio, Texas, Florida

☆ Swing-district Republicans in New York decried Trump's conviction. It could cost them politically.
▼ + stars: | 2024-06-01 | by ( John L. Dorman | ) 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. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.

Persons: —, Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump

☆ New York AG announces $2 billion settlement with crypto lender Genesis
▼ + stars: | 2024-05-20 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to repay defrauded investors. The lawsuit was broadened in February, alleging that DCG and Genesis defrauded additional investors out of more than $2 billion. Despite a legal challenge brought by parent company DCG, a bankruptcy court approved the lender's Chapter 11 repayment plan, which included the settlement between James' office and Genesis. The settlement bars Genesis from operating in New York. The settlement also established a fund for victims comprising at least 29,000 New York residents who collectively gave more than $1.1 billion to Genesis through its Gemini Earn product.

Persons: Letitia James, James, DCG, Genesis Organizations: New, Digital Currency Group, Gemini Trust, Securities, Exchange Commission Locations: New York

☆ Police tactics at campus protests reveal disparities in approaches to public order and lessons learned post-George Floyd
▼ + stars: | 2024-05-05 | by ( Emma Tucker | ) edition.cnn.com time to read: +14 min

“I think we also saw this different sensibility about how to clear protests,” Straub said of the police response to campus demonstrations. In some cases, officers couldn’t distinguish lawful protesters from those who were being disruptive or causing violence, he added. The agreement mandated the NYPD to “change how it deploys officers to public demonstrations,” to better allow the public to exercise their First Amendment rights. NYPD officers in riot gear break into a building at Columbia University, where pro-Palestinian students were barricaded, on April 30. Officers were seen breaking down plywood barriers outside the entrenched encampment where protesters had barricaded themselves inside, as flash-bang explosives exploded overhead.

Persons: George Floyd, ”, Chuck Wexler, Emily Byrski, Joe Biden, ” Wexler, Frank Straub, ” Straub, PERF, Letitia James, James, Kena Betancur, Eric Adams, Kaz Daughtry, “, Spencer Fomby, Fomby, Straub, it’s, ” Fomby, Ryan Sun, ” CNN’s Julia Jones, Maria Sole, Artemis Moshtaghian Organizations: CNN, Police, Research, “ Police, Palestinian, Getty, Columbia University, New York Police Department, University of Arizona, UCLA, Israel, National Guard, Sound Schools, Center for, Police Foundation, ” Police, NYPD, New York, City College, Hampton Hall, Columbia, Hamilton, National Tactical Officers Association, ”, AP Locations: Gaza, Israel, AFP, California, Columbia, New York City, Hampton, Arizona, Los Angeles

☆ Opinion: Harvey Weinstein’s prosecutors made a huge mistake. Trump’s prosecutors risk repeating it
▼ + stars: | 2024-04-29 | by ( Opinion Jim Walden | Deanna Paul | ) edition.cnn.com time to read: +6 min

Jim Walden Courtesy of Jim WaldenA few days later, New York’s highest court overturned the sex crimes conviction of Hollywood movie mogul Harvey Weinstein. And the recent dramatic developments in the Weinstein case demonstrate why the presiding judge in the Trump trial, Judge Juan Merchan, needs to reverse his ruling allowing Trump to be questioned about proven misconduct from other cases. If he doesn’t, Trump could have an easy path to having a conviction in the case tossed out. This is essentially what happened in the Weinstein case. If he does not, Trump could get a conviction overturned while the ink hasn’t yet dried on the jury’s verdict.

Persons: Jim Walden, Deanna Paul, Walden, Donald Trump’s Manhattan, Harvey Weinstein, Weinstein, Trump, Juan Merchan, Deanna Paul Meredith Eves Flynn Trump, —, Karen McDougal, Stormy Daniels, David Pecker, Michael Cohen, Cohen, Daniels, Maggie Haberman, Merchan, Letitia James, E, Jean Carroll, Merchan’s, James Burke, Burke’s Organizations: New, CNN, Republican, Hollywood, Trump, Prosecutors, National Enquirer, New York Times, New York, Manhattan, Appeals Locations: New York

☆ Andrew Cuomo agrees to testify to Congress on Covid-19 nursing home advisory
▼ + stars: | 2024-04-26 | by ( Jake Tapper | Piper Hudspethblackburn | ) edition.cnn.com time to read: +4 min

Andrew Cuomo, after being subpoenaed last month, has agreed to testify to Congress about his controversial nursing home advisory from the early days of the Covid-19 pandemic, Rep. Brad Wenstrup told CNN’s Jake Tapper on Friday. Cuomo has insisted that advisory was consistent with guidance from the Centers for Medicare and Medicaid Services and the Centers for Disease Control and Prevention. However, his upcoming appearance before lawmakers is a sign of continuing scrutiny over his handling of long-term care facilities during the pandemic. The voluntary agreement means that Cuomo will participate with a transcribed interview rather than a deposition. Wenstrup told Tapper on Friday that the panel will also hear from Cuomo’s former secretary Melissa DeRosa and former commissioner of the New York State Department of Health Dr. Howard Zucker.

Persons: Andrew Cuomo, Brad Wenstrup, CNN’s Jake Tapper, “ Governor Cuomo, ” Wenstrup, “ I’m, Cuomo, Wenstrup, Rich Azzopardi, “, Letitia James, New York State Department of Health undercounted, Thomas DiNapoli, Tapper, CNN’s KFile, Melissa DeRosa, Howard Zucker, James ’, CNN’s Veronica Stracqualursi, Kaanita Iyer Organizations: CNN, Former New York Gov, Ohio Republican, Democratic, Centers, Medicare, Services, Centers for Disease Control, New York, New York State Department of Health Locations: ”

Ms. Daniels, who may testify, says that she and Mr. Trump had a sexual encounter in 2006, a claim the former president denies. Mr. Trump has also denied the 34 felony charges, calling them orchestrated by Democrats; if convicted, the former president could face probation or up to four years in prison. Pool photo by Mark PetersonMr. Blanche also attacked Mr. Cohen, a former lawyer and fixer for Mr. Trump. He called the heart of the prosecution case just “34 pieces of paper” that don’t involve Mr. Trump. During his own side’s opening statement, Mr. Trump sat largely motionless and expressionless watching his lawyer Mr. Blanche.

Persons: Donald J, Trump, Stormy Daniels, Daniels, Trump’s, ” doesn’t, Matthew Colangelo, Mr, Todd Blanche, ”, It’s, Mark Peterson Mr, Blanche, Cohen, Letitia James, —, David Pecker, Prosecutors ’, ambled, ” Mr, Pecker, Marion Curtis, We’re, Juan M, Pecker —, Merchan Organizations: Trump, Mr, Trump Tower, New, Prosecutors, National Enquirer, Reuters Locations: Manhattan, Lower Manhattan

☆ Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: +2 min

Illegal and ghost guns on display at the Attorney General Letitia James offices in Manhattan on March 15, 2023. The justices by a 5-4 vote had previously intervened to keep the regulation in effect during the legal fight. Ghost guns, which lack serial numbers, have been turning up at crime scenes with increasing regularity. The requirement applies regardless of how the firearm was made, meaning it includes ghost guns made from individual parts or kits or by 3D printers. The Supreme Court allowed the regulation to remain in effect while the lawsuit continues.

Persons: Letitia James, Luiz C . Ribeiro, District Judge Reed O'Connor, O'Connor, Donald Trump, O'Connor's, John Roberts, Amy Coney Barrett, Samuel Alito, Neil Gorsuch, Brett Kavanaugh, Clarence Thomas, Barrett, Gorsuch, Kavanaugh Organizations: New York Daily News, Tribune, Service, Getty, Biden, Justice, U.S, District, Alcohol, Tobacco, Firearms, Explosives, Circuit, Appeals, Trump Locations: Manhattan, New, Fort Worth , Texas

CNN —The first criminal trial of Donald Trump is officially underway. Prosecutors and Trump’s attorneys delivered opening statements and the first witness – a former National Enquirer publisher – was called Monday in the historic and unprecedented criminal trial of a former president. “The defendant Donald Trump orchestrated a criminal scheme to corrupt the 2016 presidential election,” said prosecutor Matthew Colangelo told jurors. At the hearing, Trump’s attorneys came to an agreement with the New York attorney general’s office on the terms of that $175 million bond. Trump’s attorneys representing him in the civil matter later stopped by the criminal trial and spoke to cameras in the hallway outside the courtroom where Trump sat at the defense table.

Persons: Donald Trump, –, Stormy Daniels, Trump, ” Trump, Judge Juan Merchan, ”, Matthew Colangelo, “, ” Colangelo, Cohen, David Pecker, Colangelo, it’s, Todd Blanche, “ Donald Trump, ” Blanche, he’s, Blanche didn’t, It’s, Blanche, Cohen’s, Trump ”, Trump’s, Michael Cohen, President Trump, He’s, Pecker, Karen McDougal –, Letitia James, James ’, ” Alina Habba, Merchan, Chris Conroy, Emil Bove Organizations: CNN, Prosecutors, National Enquirer, Trump, American Media Inc, Defense, AMI, Pecker’s AMI, New, Specialty Insurance Locations: New York

☆ Trump and Attorney General Agree on Minor Changes to $175 Million Bond
▼ + stars: | 2024-04-22 | by ( Matthew Haag | ) www.nytimes.com time to read: +1 min

The deal will keep the bond largely unchanged, with the $175 million in cash that Mr. Trump deposited as collateral remaining in a money-market account, while adding new terms stipulating that the $175 million must remain as cash, and not be transferred into mutual funds, for example. The dispute over the bond was overshadowed on Monday by the start of Mr. Trump’s criminal trial in another Lower Manhattan courthouse a few blocks away. The attorney general, Letitia James, accused Mr. Trump in the civil case of fraudulently inflating his net worth. After a monthslong trial last year, the judge in the case, Arthur F. Engoron, agreed and imposed the massive penalty. But subsequently, an appeals court lowered the judgment to $175 million while it considered Mr. Trump’s appeal of the ruling.

Persons: Donald J, Trump, Letitia James, Mr, Arthur F, Engoron Organizations: New, Knight Specialty Insurance Company Locations: New York, California, Lower Manhattan

☆ New York AG says $175 million Trump fraud bond isn't properly backed, should be voided
▼ + stars: | 2024-04-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former President Donald Trump returns from a lunch break at Manhattan criminal court as jury selection continues in New York, NY on Thursday, April 18, 2024. The filing opposes a joint motion by Trump and KSIC to justify the insurer as the surety company holding the bond. Lawyers for AG Letitia James asked Judge Arthur Engoron to require Trump and other defendants to put up a replacement bond within seven days of ruling on the issue. Trump personally was ordered to pay $454 million in damages, an amount that is growing every day with interest. Trump was required under New York law to post a bond to guarantee the judgment as he appeals the decision.

Persons: Donald Trump, Trump, KSIC, AG Letitia James, Judge Arthur Engoron, Engoron Organizations: Manhattan, The New York Attorney, Knight Specialty Insurance, Trump, AG, Trump Organizations, New Locations: New York, NY, Manhattan

Asked for proof of his claim that Mr. Biden was personally directing the local cases against him, Mr. Trump pointed to purported ties between prosecutors and “Washington,” but provided no evidence that Mr. Biden had been involved in any of the hiring decisions, conversations or meetings that Mr. Trump cited. The writer E. Jean Carroll filed her first lawsuit against Mr. Trump in November 2019, accusing him of defamation. Faulty and irrelevant comparisonsWhat Mr. Trump Said“I got indicted more than Al Capone.”— in a rally in Ohio in MarchFalse. Mr. Hur described Mr. Biden as a “well-meaning, elderly man with a poor memory” who had “diminished faculties and faulty memory.” He did not declare Mr. Biden mentally incompetent to stand trial. Inaccurate attacks on judgesWhat Mr. Trump Said“Judge Juan Merchan is totally compromised, and should be removed from this TRUMP Non-Case immediately.

Persons: Donald J, Trump, President Biden, Trump’s, ”, Trump Said “ Biden, General Merrick B, Garland, Trump “, Biden, Mr, Doug Mills, Trump Said, Jack Smith, Merrick Garland’s, Fani Willis, Letitia James, Alvin L, Bragg, Matthew Colangelo, Colangelo, —, James’s, Colangelo’s, Bragg ramped, Willis, Willis — Nathan J, Wade, Ketanji Brown Jackson, Kamala Harris, Harris, Crooked Joe Biden, James, Jean Carroll, Smith, Brittainy Newman, Alexei Navalny, Navalny, Letitia James ’, Hunt, PolitiFact, Trump Said “, Al Capone, Capone, Brad Schwartz, Hillary, Bill, Bush, Reagan, Hillary Clinton, Clinton, Bill Clinton’s, Taylor Branch, Branch, “, Barack Obama, George W, Bill Clinton, George H.W, Ronald Reagan, Robert K, Hur, Biden’s, Juan Merchan, Loren, Loren Merchan, Merchan, Merchan’s, Justice Merchan, Ahmed Gaber, Arthur F, Justice Engoron, Engoron Organizations: New York, Democratic Party, Trump, Justice Department, The New York Times, The, White House, Trump . Credit, New York Times, American People, Biden Administration, Prosecutors, Mr, Manhattan, Washington, Fox News, New, Times, White, Counsel’s Office, Supreme, Black, Trump Organization, Democrat, Companies, Exxon Mobil, Trump Foundation, Trump University, Associated, National Archives, Records Administration, TRUMP, Twitter, Credit Locations: Manhattan, Georgia, Trump ., Washington, New York, “ Washington, Fulton County ,, Russian, New, Ohio, Fla, South Carolina, Trump’s Florida, Beach

☆ Trump defends 'respected' company behind his $175M civil fraud bond
▼ + stars: | 2024-04-16 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Trump's lawyers defended his $175M civil fraud bond — and Knight Specialty — in court filings. AdvertisementLawyers for Donald Trump are defending the "respected" insurers behind his $175 million civil fraud bond in a series of new court filings. Trump's bond was underwritten by Knight Specialty Insurance Company, based in Los Angeles, run by billionaire Trump supporter Don Hankey, a so-called king of subprime car loans. "KSIC is a respected, well-capitalized, Delaware-domiciled insurer that has long underwritten surety bonds and other types of insurance placed around the country," Trump's lawyers wrote. Beyond that, the insurer "has access to more than $2 billion in assets and $1 billion in equity" through its parent company, Knight Insurance Company," the filings say.

Persons: Trump, —, Donald Trump, general's, Charles Schwab, KSIC, Letitia James, Knight, Arthur Engoron, Engoron, Don Hankey, Trump's Schwab, Read, Christopher Kise, Alina Habba, Clifford Robert Organizations: Service, underwriters, New York, Knight Specialty Insurance, Knight Insurance Company, Trump, Associated Press Locations: Manhattan, KSIC, New, Los Angeles, Delaware, Engoron

☆ Former Trump executive Allen Weisselberg sentenced to five months in jail for perjury
▼ + stars: | 2024-04-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Former Trump Organization Chief Financial Officer Allen Weisselberg (C) arrives for sentencing at Manhattan Criminal Court on April 10, 2024, in New York City. Former Trump Organization Chief Financial Officer Allen Weisselberg on Wednesday was sentenced to five months in jail for lying under oath during the civil business fraud trial of Donald Trump. Weisselberg declined to speak before the judge in a brief hearing in Manhattan criminal court. He spent three months in jail at Rikers last year after pleading guilty to helping orchestrate a tax fraud scheme at the business. Weisselberg on March 4 admitted lying during his testimony in the civil fraud trial brought by New York Attorney General Letitia James against Trump, his two adult sons, his business and its executives.

Persons: Allen Weisselberg, Donald Trump, Weisselberg, Seth Rosenberg, Attorney Alvin Bragg, Trump, Letitia James Organizations: Trump Organization, Manhattan Criminal, Former Trump Organization, Attorney, Trump . New, New York Locations: New York City, Manhattan, Rikers, Trump . New York

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