D. Trump submitted 175 million USD ustat in New York spin case

D. Trump submitted 175 million USD ustat in New York spin case
D. Trump submitted 175 million USD ustat in New York spin case
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Donald Trump, former President of the United States. Photo by Lev Radin (Zuma / Scanpix).

Donald Trump, the former president of the United States, submitted 175 million USD (163 million EUR) in a civil New York fraud case, so that the state would not seize his assets.

You already know that the trial against D. Trump will start by March 25. instructions to pay 464 mln. USD (432 million EUR), but the appellate authority extended the deadline on the 10th, and the amount itself was reduced to 175 million. USD.

The US media CNN announces that the insurance company Knight Specialty Insurance, located in California, guaranteed the estate of the former Republican US president, but the documents do not indicate that Trump himself is changing the insurance company.

In order to delay the payment of the fine while the civil fraud case is pending, D. Trump began to make loans to 30 companies, his lawyers wrote in court documents.

The settlement requires that, at least for now, real estate owned by the Republican, such as Trump Tower in Manhattan or his personal residence at Mar-a-Lago in Florida, will not be transferred to the state.

It was announced that New York judge Arthur Engoron ruled that D. Trump and his sons Eric and Donald Jr. have been falsifying the value of the real and financial assets of the Trump Organization for many years.

After this decision, the court banned Mr. Trump from running companies in New York state for three years. He is also prohibited from receiving loans from New York financial institutions. The appellate court also suspended the decision on the loan for the time being.

Since Mr. Trump has appealed the decision, it is planned that its examination may take several months or even longer.

Meanwhile, Trump’s first criminal trial over his alleged attempt to cover up secret training for an adult film actress in 2016. the presidential elections should start on April 15. in Manhattan.

He was also charged in two more cases: for attempting to deny the 2020 The election results of the US president, and his handling of classified documents after leaving office.

D. Trump pleaded not guilty in all these cases.

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Topic Business environment


The article is in Lithuanian

Tags: Trump submitted million USD ustat York spin case

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