Live and recent posts from across the Fediverse tagged #inheritedwealth, aggregated by home.social.
— A 3-year ban on #Trump holding any #corporate leadership position in #NY.
— A 3-year ban on Trump & his companies from getting #loans from #banks registered in NY.
— Placing the company under an independent #monitor’s continued #supervision for at least 3 years, & ordering the hiring of an independent #compliance director.
#law #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies
The non-monetary penalties, the target of Trump’s new appeal, set strict limitations on his Trump Organization’s ability to do business. They include:
— A 2-year ban on Trump’s sons, Eric & Donald Trump Jr., from serving as a director or officer of any #NY company, effectively booting them from their roles managing the Trump Organization’s day-to-day operations.
#law #Trump #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies
It’s the first of a pair of expected appeals after a 5-judge panel of NY’s mid-level Appellate Division last week overturned Trump’s monetary penalty. #NYAG James has said she plans to ask the Court of Appeals to restore the fine after the Appellate Division deemed it “excessive.”
…The judges left other punishments in place & narrowly endorsed a lower court finding that he committed #fraud by padding his wealth on his financial statements.
Trump’s lawyers filed a notice of appeal with the state’s Court of Appeals, seeking to erase the remaining effects of #NYAG #LetitiaJames’ lawsuit, which alleges [& has 2X been judged to be true] #Trump inflated his #NetWorth on financial paperwork given to banks & insurers.
#law #fraud #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies
#Trump asks court to toss remaining #civil #fraud penalties after getting his massive fine thrown out
Days after getting his staggering civil fraud penalty thrown out, Trump asked New York’s highest court on Tuesday to overturn his other punishments, including a multiyear ban on him & his two eldest sons holding corporate leadership positions.
#law #scammer #fraudster #Engoron #TrumpOrganization #nepobaby #InheritedWealth #TrumpLies
https://apnews.com/article/trump-new-york-fraud-lawsuit-appeal-dismissed-0015ed5775d8f7dea6e606645a7ed2b8
First - Fossil Fuelled - Trillionaires ?
(300 year old SaudRoyalFamily wealth
$1.4 trillion when inclusive of owning Saudi #Aramco )
https://en.wikipedia.org/wiki/House_of_Saud
Aramco - was Arabian-American Oil Company - fourth-largest company in the world by revenue, headquartered in #Dhahran.
Saudi #Aramco operates the #Ghawar Field - the world's largest onshore oil field; and the #Safaniya Field - the world's largest offshore oil field.
https://en.wikipedia.org/wiki/Saudi_Aramco
#Trump has largely done the same, claiming his father only gave him a “very small loan” that he turned “into a company that’s worth many, many billions of dollars.” However, as #KamalaHarris noted during Tuesday’s #debate, Trump’s companies have filed for #Chapter11 #bankruptcy protection SEVEN TIMES.
In 2021, Trump fell off the #Forbes400 list for the first time in 25 years. He returned to the list in 2022, but fell off again in 2023.
Among the various topics touched on during Tues’ #debate was #Trump’s #inheritance, brought up by VP #KamalaHarris as she addressed the #MiddleClass.
How much Trump received has seemingly been a sensitive point for Trump. He has often claimed it was a “very small loan,” but a 2018 David Barstow, [the brilliant] Susanne Craig & Russ Buettner NYT’s report refuted that.
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://thehill.com/homenews/nexstar_media_wire/4873145-how-much-did-trump-inherit-from-his-father/
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
#Trump got $413M from his dad, much from tax dodges
#FactCheck #TrumpLies #InheritedWealth #SilverSpoon #GenerationalWealth #SelfMadeMyth #LyingLiarWhoLies
https://apnews.com/article/0452d29cd2564eaf97605ab90acc3a67
This is GOOD - it implicates many in capitalist rentier neoliberal economies, where unearned income accrues from interest, rent, shares, capital gains - including those who earn a wage by working but aren't #Wealthy #Rich #SuperRich nor benefit from #InheritedWealth
https://www.cambridge.org/core/books/why-we-cant-afford-the-rich/9B7A3F29535B7C6F8E0F711A540E608A
#LeonSkum is a #Racist #ManChild #AfriKKKaner who #InheritedWealth and has never had people say #No to him.
So the #DeadBird #X site is longer a thing for me. I have no dog in the fight so to speak.
That said, this #fascist #oligarch #AfriKKKaner is a threat to #CivilSociety #democracy #Peace and #Decency in general.
He is an #Embarrassment
#LeonSkum is a #WhinyLoser with #InheritedWealth
@ChrisMayLA6 The waste of our money is bad enough but the real evil of the monarchy is it’s embodiment of a system of class and hereditary privilege and power. #monarchy #inheritedwealth
@paul The wonderful thing about #elonmusk buying (#LBO) #twitter is that he’s revealing the psychopathy behind the #billionare mind. The others have been smarter. #inheritedwealth