Posted on 03/22/2024 2:54:58 PM PDT by packagingguy
Judge Arthur Engoron has issued an order that will allow former President Trump’s finances and assets to be monitored for three years.
In other words, Trump’s estate will be babysat by Barbara Jones, a retired federal judge. The judge will also have full authority over giving suggestions for court-ordered changes in how the Trump Organization operates.
The order comes after Trump is facing a $464 million judgment paid in his New York civil fraud case despite his appeal still pending.
On Thursday, the judge ruled that the court must monitor and notify the watchdog about any efforts Trump makes to receive the payment for the bond. The appeals court has also put a temporary halt on the judgment orders that prohibit Eric Trump and Donald Trump Jr. from continuing to run the company.
“Based on the Court's findings in its February 16th Order, the Court ordered the continued monitoring of Defendants' financial and accounting practices and disclosures, including an enhanced role for the Monitor, for a period of no less than three years, as well as the appointment of an Independent Director of Compliance," Engoron wrote in the order.
Jones will have to notify the court of any large cash transfers, the creation or dissolution of assets, the restructuring of debt, and "any efforts to secure surety bonds” that Trump makes. The 2024 GOP candidate will also be required to provide the court with monthly bank statements.
(Excerpt) Read more at townhall.com ...
They're financially crippling the Trump organization.
This is ludicrous. Did I miss something? When did NY leave the union?
How is THIS even legal?
Too late. Damage is done. This will backfire hugely on the RATS.
Trump is getting railroaded big-time.
I’d like to see a break in his favor, but this is gaining
steam rather than calming down.
They’ll absolutely destroy him if they can.
Does the babysitter have fridge privileges?
Conservatorship. I can hardly wait for the appeal.
So this judge gets to keep issuing new penalties as the case moves along???
Ten years ago I was living in New York city and I told a friend NYC was like North Korea but with food. He thought I was kidding. I wasn’t. This is what the DemoMarxists want for the rest of the country, warped justice where they can steal the money and property of the rich they hate so much
Spying on Trump for 3 years
So ugly. So very UGLY.
I WANT MY COUNTRY BACK
Does this judge just make things up ?
Spying on Trump for 3 years
Exactly!
How is this legal?
SMH. 😔
Oh I see.
So now he can’t manage his own affairs and needs conservatorship?
Due you also have a durable power of attorney?
Like all communist dictatorships.
Fully metastasized corruption.
Also, all Democrat women who accuse Trump of rape will be automatically rewarded with $25 million apiece from Trump’s assets. No proof necessary! Get yours now!
Extra more. Nothing will get the people riled up enough to punish the leftists. There is the firm belief among far too many people, including conservatives (and I’m not talking about politicians), that if this nonsense isn’t crossing the threshold to their own home, why bother.
“Director of Compliance,” eh?
Has anybody ever been so encumbered?
(Who wasn’t first convicted of SOMEthing...)
*Expect more
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