Donald Trump

Trump Could Be Destroyed As New York Could Look To Recover $1 Billion In Penalties And Fines

Former Trump lawyer Michael Cohen said that the state of New York could be looking to recover $750 million to $1 billion in penalties and fines against Trump.

Video of Michael Cohen on MSNBC’s The Sunday Show with Jonathan Capehart:

Cohen said when asked if the New York case against Trump will go to trial:

They had opportunities to settle.  We don’t know what the facts behind that t are. However, the 250 million pursuant to the 200-page indictment by — — just our unshakable attorney general is the base that she is looking for. That’s not the ceiling. We’re talking about anywhere, in about anywhere my estimation based upon the documents that I know the attorney general has, I  suspect are probably looking at somewhere between 750 million to one billion dollars in penalties and fines.

Cohen pointed out that these are financial and tax crimes that Trump has potentially committed and the numbers don’t lie, so unlike other cases against Trump where it is his word against someone else’s, the problem here is a mountain of written evidence and documents laying out the fraud that was committed.

If New York tries to recover a billion dollars against Trump, it will financially ruin the former president, his family, and his business.

Trump has an estimated $900 million in loans that are coming due from 2022-2024. His businesses have been failing for years, as his main source of revenue was fundraising, and when he was president, grifting off of the taxpayers and using his position to make money.

If New York comes after Trump for everything that is owed, he will be financially destroyed.

Recent Posts

Rachel Maddow Cuts Trump To The Bone With Stormy Daniels Hush Money Analysis

Rachel Maddow showed how Trump committed a crime then had everyone bend over backward to…

11 hours ago

Matt Gaetz Went On MSNBC And It Did Not Go Well

Rep. Matt Gaetz (R-FL) appeared on MSNBC's The Beat with Ari Melber, where Melber was…

14 hours ago

This Is Strange: McCarthy Meets With George Santos And Won’t Say Why

Why is the Speaker of the House meeting with Rep. George Santos, a first-term representative…

17 hours ago

Friend Off Mark Meadows Goes Down For Illegal Campaign Contribution

A friend of Mark Meadows, who ran for his former House seat, will plead guilty…

19 hours ago

Manhattan Criminal Case Against Trump Escalates To Grand Jury

Manhattan DA Alvin Bragg will begin presenting criminal evidence to a grand jury about Donald…

20 hours ago

Former Aide Says Trump Won’t Pick Marjorie Taylor Greene For VP Because Of Her Looks

Former Pence aide Olivia Troye said that Donald Trump is so shallow that he won't…

23 hours ago