Stain of felony will likely make it harder for his company to secure bank loans. Read more at straitstimes.com.
last month face sentencing on Friday, but the real punishment lies in the blowback to the former president’s business that is likely to go on for years.
And while US$1.7 million, the maximum under New York state law, is a rounding error for Mr Trump’s business, that’s just where the trouble begins. Lawyers for the two business units – Trump Corp and Trump Payroll Corp – have said they would appeal the verdict and had no comment on its possible consequences. Mr Trump’s spokesman Steven Cheung didn’t respond to an email seeking comment.civil fraud case brought by Attorney General Letitia James
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