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home / articles / DWAC - Trump's Niece Says Ex-president's Ability To 'Commit Fraud With Impunity' Comes To End After NY Civil Case Verdict: 'Absolutely Ruinous For Donald' | Benzinga


DWAC - Trump's Niece Says Ex-president's Ability To 'Commit Fraud With Impunity' Comes To End After NY Civil Case Verdict: 'Absolutely Ruinous For Donald' | Benzinga

On Friday, Donald Trump was hit with a penalty of $350 million in the New York civil fraud case and was prohibited from doing business in the state. He and the Trump Organization are banned from applying for loans from any New York-chartered financial institution for three years. Following the news, the ex-president’s niece Mary Trump weighed on the trial’s outcome in a Substack post.

What Happened: “Donald’s ability to commit fraud with impunity has come to an end — at least in New York — and believe me, that matters to him,” Mary Trump said of the ruling.

The ex-president’s niece, one of his vociferous critics, said she sees the verdict impacting her uncle both “financially and psychologically.” “Between today's ruling and E. Jean Carroll’s righteous victory, it’s hard for me to overstate just how ruinous this is likely to be — both financially and psychologically — for Donald,” she said.

“These are the kinds of judgments that will bring Donald to his knees because money and the illusion of his success are all that matter to him.”

Tracing the root of Donald Trump’s financial challenges, Mary Trump said her uncle and her grandfather “perpetuated ...

Full story available on Benzinga.com

Stock Information

Company Name: Digital World Acquisition Corp.
Stock Symbol: DWAC
Market: NASDAQ

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