‘Nobody wants to do business’ in NYC: Billionaire CEO on Trump verdict’s impact

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Prominent business executives have warned that more New York enterprises and their leaders may fall victim to 'no rule of law' in the wake of Donald Trump’s guilty verdict.

Billionaire CEO, real estate investor on impact of Trump verdict: 'Nobody wants to do business' in NYC

"If they can do this to Donald Trump, a former president, regardless of how you feel about the politics, if they can do this to a former president, what can they do to Grant Cardone? What can they do to any other businessman?," the Cardone Capital founder also chimed in Friday on"Varney & Co." Manhattan District Attorney Alvin Bragg charged Trump with 34 counts of falsifying business records in the first degree, though Trump pleaded not guilty to all counts.

Cardone recently pulled his business out of the Empire State and cautioned that Trump’s legal troubles — including a previous $355 million fine in a New York civil fraud case in February — would"wreak financial havoc" on the city. "That's one of the greatest cities on planet Earth. And nobody wants to go there and do business," Cardone continued."I blame the legal system. Clearly, the political system has been weaponized."

 

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