In a shocking turn of events, former President Donald Trump has been found guilty of fraud by a New York judge. The ruling, handed down by Judge Arthur Engoron, carries significant implications for Trump and his business ventures. As a result of the ruling, some of Trump’s business licenses will be rescinded, making it incredibly difficult for him to conduct business in the state of New York. Additionally, an independent monitor will be appointed to oversee the operations of the Trump Organization.
This legal blow to Trump’s authority has far-reaching consequences. If the ruling is not successfully appealed, it will strip Trump of his ability to make crucial strategic and financial decisions regarding his key properties in New York. This is undoubtedly a major setback for the former president and his business empire.
The trial is set to commence on Monday, and there are still several unresolved matters that will be addressed. Among them are the potential additional penalties that Trump may face and the various causes of action included in the attorney general’s suit. Attorney General Letitia James plans to call Trump and his adult sons as witnesses during the trial, adding another layer of complexity to the proceedings.
In response to the ruling, Trump took to Truth Social – his own social media platform – to express his frustration. He lambasted the “radical left Democrats” for their relentless efforts to undermine him and his ability to win the 2024 presidential election. Trump urged Americans, regardless of their political affiliation, to rally against this perceived injustice, insisting that it should not be allowed to happen in the United States.
It remains unclear whether Trump will personally appear as a witness in the trial. Meanwhile, the legal challenges against him continue to mount. He faces ongoing cases in Florida, Georgia, and Washington, each with its own set of allegations and charges. Despite these legal battles, Trump remains a formidable force within the Republican Party and consistently polls well against President Joe Biden in potential 2024 match-ups. The outcome of these legal proceedings will undoubtedly shape the future of Trump’s political career.