Posted on 04/05/2016 8:24:01 PM PDT by Steelfish
Donald Trump Settled a Real Estate Lawsuit, and a Criminal Case Was Closed By MIKE McINTIRE APRIL 5, 2016
For Donald J. Trump, it is a long-held legal strategy, if not a point of pride, to avoid knuckling under to plaintiffs in court.
“I don’t settle lawsuits — very rare — because once you settle lawsuits, everybody sues you,” he said recently.
But Mr. Trump made an exception when buyers of units in Trump SoHo, a 46-story luxury condominium-hotel in Lower Manhattan, asserted that they had been defrauded by inflated claims made by Mr. Trump, his children and others of brisk sales in the struggling project. He and his co-defendants settled the case in November 2011, agreeing to refund 90 percent of $3.16 million in deposits, while admitting no wrongdoing.
The backdrop to that unusual denouement was a gathering legal storm that threatened to cast a harsh light on how he did business. Besides the fraud accusations, a separate lawsuit claimed that Trump SoHo was developed with the undisclosed involvement of convicted felons and financing from questionable sources in Russia and Kazakhstan.
And hovering over it all was a criminal investigation, previously unreported, by the Manhattan district attorney into whether the fraud alleged by the condo buyers broke any laws, according to documents and interviews with five people familiar with it. The buyers initially helped in the investigation, but as part of their lawsuit settlement, they had to notify prosecutors that they no longer wished to do so.
The criminal case was eventually closed.
Mr. Trump’s campaign for the Republican presidential nomination rests on the notion, relentlessly promoted by the candidate himself, that his record of business deals has prepared him better than his rivals for running the country. An examination of Trump SoHo provides a window into handling ...
(Excerpt) Read more at nytimes.com ...
Cruz is no conservative. He is a natural born Canadian citizen, not eligible for the US presidency.
Conservatives swear to protect, uphold, and defend the US Constitution. Cruz is attempting to further demolish the Constitution just by running for the presidency.
Bo Dollars (@Zagowski) tweeted at 4:45 PM on Wed, Apr 06, 2016:
@mitchellvii I’m a delegate in MI for Trump and just got a call from the Cruz campaign from a blocked number trying to convince me to switch
(https://twitter.com/Zagowski/status/717845811246313473?s=09)
Bo Dollars (@Zagowski) tweeted at 4:58 PM on Wed, Apr 06, 2016:
@mwirth525 @mitchellvii asked if I’d be supporting Cruz, I said no my district supported Trump and she said you can support Cruz. I said I
(https://twitter.com/Zagowski/status/717848954214424576?s=09)
Bo Dollars (@Zagowski) tweeted at 4:59 PM on Wed, Apr 06, 2016:
@mwirth525 @mitchellvii had no interest in subverting voters and they went on to say how Cruz is the only one who can yada yada, I hung up
(https://twitter.com/Zagowski/status/717849162503557120?s=09)
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