"Borders on Pathological": Trump Must Pay $450 Million for Lying to Lenders in Fraud Case
Published Date: 2/20/2024
Source: Democracy Now!
Support our work: https://www.democracynow.org/donate?campaign=sm-desc-yt&utm_campaign=sm-desc-yt&utm_content=description&utm_medium=social&utm_source=youtube The legal setbacks facing leading Republican presidential candidate Donald Trump are piling up. He now has 30 days to pay $450 million in fines and penalties from a civil fraud case brought by New York Attorney General Letitia James. His two eldest sons face a two-year ban and were each ordered to pay $4 million. Trump says he plans to appeal the ruling, which he described as a "complete and total sham." But the appeal is unlikely to succeed, says Russ Buettner, a Pulitzer Prize-winning investigative journalist whose reporting for _The New York Times_ led to the state's case. He lays out how records showed an "overwhelming pattern" of Trump's businesses "lying to their lenders." Buettner, who describes Trump as cash-poor, says the penalties will result in "a blow to his personal finances and his business finances that he really can't handle at this point." Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET. Subscribe to our Daily Email Digest: https://democracynow.org/subscribe