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☆ New York AG's fraud civil suit against Trump hits him right in the ego
▼ + stars: | 2022-09-23 | by ( Michael Conway | Michael Conway Was Counsel For The House Judiciary Committee In The Impeachment Inquiry Of President Richard Nixon In In That Role | He Assisted In Drafting The Committee'S Final Report To The House In Support Of The Three Articles Of Impeachment Adopted The Committee. Conway Is A Graduate Of Yale Law School | ) www.nbcnews.com time to read: +6 min

New York Attorney General Letitia James’ civil lawsuit filed Wednesday alleging “persistent fraud” by the Trump Organization devastates Donald Trump’s manufactured self-image as a billionaire businessman. James’ civil lawsuit strikes Trump at the two places he is most vulnerable: his ego and his money. James’ lawsuit meticulously lists fraudulent valuations for Trump Tower, Mar-a-Lago, 40 Wall Street, numerous Trump golf courses and, importantly, Trump’s cash assets. Second, James has sued not only Donald Trump but also Donald Trump Jr., Eric Trump, Ivanka Trump, Allen Weisselberg (the former chief financial officer of the Trump Organization) and multiple Trump business entities. All are accused of engaging in a criminal conspiracy to defraud lenders and insurers by inflating Trump’s net worth.

☆ Trump-linked SPAC faces new pressure from investors as merger hangs in the balance
▼ + stars: | 2022-09-20 | by ( Jack Stebbins | ) www.cnbc.com time to read: +3 min

The social media app will be developed by Trump Media and Technology Group (TMTG). If it falls apart, it would mean a lot less money for Trump Media, even if it did end up going public through a merger with DWAC. The negotiation is an attempt to shift risk to DWAC and Trump Media, which owns Truth Social. Representatives for DWAC and Trump Media didn't immediately respond to a request for comment. Trump founded Trump Media and Technology Group and its platform Truth Social after he was banned from Twitter following the Jan. 6, 2021, Capitol riot.

☆ Video platform Rumble to go public after successful SPAC vote
▼ + stars: | 2022-09-15 | by ( Jack Stebbins | ) www.cnbc.com time to read: +2 min

The Rumble video platform logo on a laptop computer arranged in Hastings on Hudson, New York, U.S., on Saturday, Jan. 23, 2021. Shareholders of the special purpose acquisition company Cantor Fitzgerald Acquisition Corp. VI voted Thursday to take the video platform Rumble public. The blank check company set to take it public is led by Cantor Fitzgerald CEO Howard Lutnick. The Rumble vote comes soon after shareholders of a SPAC seeking to take Trump Media and Technology Group public failed to approve a deadline extension for the deal. Shares of Cantor Fitzgerald Acquisition Corp.

☆ Donald Trump, Ivanka Trump, and Donald Trump, Jr. have all been deposed by NY's attorney general's office — now what?
▼ + stars: | 2022-08-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Donald Trump was deposed Wednesday by the NY attorney general's office — after promising to plead the Fifth. So what's next for the Trumps, the Trump Organization and James' three-year investigation? The lawsuit will seek steep financial penalties for an alleged decadelong pattern of playing fast and loose with the assessed values of Trump Organization properties. The Trump Organization probe is the third time the former president has been in the AG's crosshairs. Why did the AG insist on a deposition in this current, Trump Organization case?

☆ Legal problems galore await Trump now that he's lost reelection — and, soon, his presidential immunity
▼ + stars: | 2020-11-06 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +14 min

"What the Biden Justice Department will do is let the Justice Department be the Department of Justice," Biden said during an ABC News forum when asked what he'd do about the evidence accumulated during the Mueller investigation. Paul Hennessy/SOPA Images/LightRocket via Getty ImagesAccusations of campaign-finance violationsThe most notable Trump campaign money drama of the moment is a doozy. It involves a complaint filed this summer by the nonpartisan Campaign Legal Center that alleges the Trump campaign "disguised" nearly $170 million worth of campaign spending "by laundering the funds" through companies led by Brad Parscale, his former campaign manager, or created by Trump campaign lawyers. The Trump campaign has denied wrongdoing. They include accusations of illegal solicitation of a foreign national by Donald Trump Jr. and failure to publicly disclose campaign debts stemming from municipal police bills the Trump campaign refuses to pay.

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