Judge orders Trump to provide list of companies to be dissolved
Judge orders Trump to provide list of companies to be dissolved
Judge Arthur Engoron issued an order outlining the next steps to dissolve Trump's companies.
As the questioning of witnesses continued this morning at former President Donald Trump trial in New York where he is accused of "numerous acts of fraud and misrepresentation" to inflate Trump's net worth while lowering his tax burden, Judge Arthur Engoron issued an order outlining the next steps to dissolve Trump's companies.
Last week, Engoron found that Trump and his adult sons used fraudulent documents to conduct business and ordered the cancellation of his business certificates. Trump appealed that ruling yesterday.
In today's order, Engoron asks the defendants to provide a list of "entities controlled or beneficially owned by Donald J. Trump" and the other co-defendants to the Hon. Barbara S. Jones, the independent monitor overseeing Trump's business activities. Trump is also required to notify Jones of any news business applications or changes to preexisting entities.
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The more important implication of this order is that he’ll have to disclose who his foreign investors are.
He's supposed to. Given his track-record, I wouldn't be surprised if he flat-out omits the almost certain skeletons in his investor closet. If the prosecution can catch him in one of those lies however, there could be fireworks...