Businessmen are BOYCOTTING New York following Trump ruling: “I’m shocked at this”
By Ethan Huff // Feb 23, 2024

Some Donald Trump-supporting business owners in the Big Apple and beyond are reeling with anger following the recent civil fraud ruling against the former president that requires him to pay $355 million in fines, plus interest, for crimes he was found guilty of committing with his real estate and other business ventures.

"Shark Tank" investor Kevin O'Leary says he is "shocked" by the ruling, which found that Trump inflated the value of his assets to obtain better rates from lenders and insurers.

"I can't even understand or fathom the decision at all," O'Leary said about the ruling, which also bars Trump's sons from managing their businesses in New York for the next three years. "There's no rationale for it."

Often called "Mr. Wonderful," O'Leary, who is from Canada, called New York a "mega loser state" for business following the verdict against Trump.

"New York was already a loser state, like California's a loser state," O'Leary fumed.

"There are many loser states because of policy, high taxes, uncompetitive regulation. It was already on the top of the list of being a loser state. I would never invest in New York now."

O'Leary says he will instead look to conduct business in states like Oklahoma, North Dakota and West Virginia, all of which he called "winner states" because "they don't do things like this."

On his Truth Social platform, Trump thanked O'Leary for his comments, calling him "so great" because he "tells it like it is."

"Businesses will flee NYC & State after the Corrupt Judge's ruling!" Trump further declared.

Thanks to your generous support, we are building the infrastructure of human freedom and actively donating our technology to independent publishers, authors and home schooling organizations. Learn about our game-changing non-commercial AI project here. Support our ongoing efforts to preserve and enhance human knowledge by shopping at HealthRangerStore.com.

(Related: New York Gov. Kathy Hochul recently admitted that Trump was specifically singled out for prosecution in the left-versus-right political wars – other New York businessmen committing similar crimes need not worry, she says.)

Private equity fund multi-millionaire creates GoFundMe to raise money for Trump's fine

Another outraged business owner is private equity fund manager and Cardone Capital real estate investment firm owner Grant Cardone, who claims he was planning on investing in New York before Justice Engoron's ruling against Trump.

"CardoneCapital [sic] just started to research real estate investments in New York believing it was time to get into the market," Cardone tweeted on X. "After the over reach [sic] by the judge in the Trump case & penalties imposed of $355M I told the team do NOT waste time in New York."

Instead, Cardone is planning to expand his mega-businesses in other states like Arizona, Florida, Tennessee and Texas.

Cardone's wife, Elena, created a GoFundMe campaign begging the American public to contribute cash to pay off Trump's $355 million fine. In its first four days on the platform, the GoFundMe raised more than $660,000 for Trump.

"I stand unwaveringly with President Donald Trump in the face of what I see as unprecedented and unfair treatment by certain judicial elements in New York," Elena wrote on the GoFundMe.

"The recent legal battles he faces are not just an attack on him but an attack on the very ideals of fairness and due process that every American deserves."

Elena added that the purpose of the fundraiser is not just to send Trump cash but also to protect all businesses against "a system that increasingly seeks to penalize dissent and curb our freedoms."

The $355 million that Trump will have to pay is on top of the $83 million that he was also recently ordered to pay to writer E. Jean Carroll in a defamation case involving allegations that he sexually assaulted her.

Trump says he will appeal all the cases, complaining on Truth Social that he "SHOULD NOT HAVE TO GO THROUGH ANY FAKE PROSECUTIONS BEFORE THE ELECTION," writing in all caps.

"THIS IS COMMUNISM, AND A THREAT TO DEMOCRACY."

The latest news about Trump's re-run for president in 2024 can be found at Trump.news.

Sources for this article include:

TheEpochTimes.com

NaturalNews.com



Take Action:
Support NewsTarget by linking to this article from your website.
Permalink to this article:
Copy
Embed article link:
Copy
Reprinting this article:
Non-commercial use is permitted with credit to NewsTarget.com (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.

NewsTarget.com © 2022 All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. NewsTarget.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. NewsTarget.com assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published on this site. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
News Target uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Close
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.