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Why Trump can’t just move his companies out of New York

via CBN News
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Judge Arthur Engoron is set to deliver a verdict in Donald Trump’s civil fraud trial, with potential consequences including a demand for $370 million in profits and restrictions on Trump and his sons’ involvement in New York’s real estate industry.

The trial involves allegations of fraud spanning several years, and a preliminary injunction prevents the Trump Organization from making significant financial moves without notifying the authorities.

“Without telling the judge, the AG or the court-appointed monitor, the Trump Org cannot just play three-card monte and move their buildings or cash around so that they wind up in new business entities outside New York,” one report noted.

“Instead, at best, they have to give Engoron, James and/or Jones a head start of anywhere from two weeks to a month, in which time Trump and his fellow defendants could be further enjoined,” it added.

The outcome could have significant implications for Trump and his business interests.

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