In a recent ruling, Judge Arthur Engoron has issued measures to prevent any secret moves that could protect the wealth of former President Donald Trump as he faces civil fraud charges. All defendants in the case, including Trump's two eldest sons, Donald Jr. and Eric, were demanded to disclose their ownership and any third parties' interests in their controlled businesses and organizations.

The court-appointed monitor, former federal Judge Barbara Jones, has also requested full disclosure of the Trump Organization's financials from Allen Weisselberg, the former chief financial officer, and Jeffrey McConney, the Trump Organization controller.

This ruling came forth before Trump's civil trial in Manhattan reached its fourth day.

Engoron's order was based on the prosecutor's evidence that Trump exaggerated his assets and the Trump Organization lost its business certification. State Attorney General Letitia James is seeking $250 million in damages from Trump and a ban on him and his two sons conducting business in New York.

As the court proceedings progress, it becomes clear why Trump cannot ignore the legal challenges he currently faces, especially with the approaching 2024 election.

Michael McAuliffe, a former federal prosecutor, commented that Engoron's order is a logical next step that marks the appointment of babysitters to monitor financial activity and potential dissolution of the involved business entities.

In a recent ruling, Judge Arthur Engoron has issued measures to prevent any secret moves that could protect the wealth of former President Donald Trump as he faces civil fraud charges. All defendants in the case, including Trump's two eldest sons, Donald Jr. and Eric, were demanded to disclose their ownership and any third parties' interests in their controlled businesses and organizations.
The court-appointed monitor, former federal Judge Barbara Jones, has also requested full disclosure of the Trump Organization's financials from Allen Weisselberg, the former chief financial officer, and Jeffrey McConney, the Trump Organization controller.
This ruling came forth before Trump's civil trial in Manhattan reached its fourth day.
Engoron's order was based on the prosecutor's evidence that Trump exaggerated his assets and the Trump Organization lost its business certification. State Attorney General Letitia James is seeking $250 million in damages from Trump and a ban on him and his two sons conducting business in New York.
As the court proceedings progress, it becomes clear why Trump cannot ignore the legal challenges he currently faces, especially with the approaching 2024 election.
Michael McAuliffe, a former federal prosecutor, commented that Engoron's order is a logical next step that marks the appointment of babysitters to monitor financial activity and potential dissolution of the involved business entities.

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