Robert Reich

Robert Reich

How Trump is liable for fraud even though no one was hurt

He was never a successful businessman. He was always a con artist.

Robert Reich
Feb 17, 2024
∙ Paid

Friends,

Today, New York Justice Arthur F. Engoron found Trump liable for conspiring to manipulate his net worth and ordered him to pay a penalty of $355 million — which could wipe out his whole stockpile of cash.

Trump’s lawyers had argued — and will surely argue on appeal — that there was no fraud because there was no victim and no one had been harmed. …

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