Judge Blocks Trump from Moving Money During Fraud Trial

(TargetDailyNews.com) – The judge who many would say appeared to gleefully pose for cameras with a smile on his face at the start of former President Donald Trump’s juryless trial for civil fraud in New York is attempting to block the ex-Commander-in-Chief from shifting any of his assets around. Arthur Engoron, the grinning official in question, issued his precautionary order on the morning of October 5th.

The judge’s latest ruling will require each defendant in the case to submit a list of every entity they own. It will also require them to disclose any third parties that have a partial interest or ownership in those holdings. Engoron’s order further obligates the subjects of the trial to notify the court in advance if they create “a new entity” or if they anticipate “any potential transfer of funds or other assets.”

The former President is joined by four other co-defendants in his latest civil proceedings, two of whom are his oldest sons, 45-year-old Donald Jr. and 39-year-old Eric. Allen Weisselberg, the Trump Organization’s previous chief financial officer, and Jeffrey McConney, the company’s current controller, are additionally named.

All five men have one week to comply with Engoron’s order, at which point they are required to hand their disclosures over to former judge and court-approved monitor Barbara Jones. Judge Engoron has already opined that he agrees with assertions from prosecutors that the ex-President is likely guilty of inflating the value of his holdings and assets.

Because of what he says is “conclusive evidence” in the matter, Engoron chose to cancel the business certification for the Trump Organization. Letitia James, the New York attorney behind the case, is seeking some $250 million in punitive damages from the former President. She is simultaneously attempting to have both Donald Jr. and Eric Trump barred from conducting future business in New York.

One before Engoron’s order, Trump lashed out at the “Democrat judge” and said the entire “system is corrupt.”

Copyright 2023, TargetDailyNews.com