What could happen to Donald Trump's company if it's indicted?

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An indictment of his namesake company could imperil the future of former President Trump's businesses while he's already under financial strain.

Analogous cases are hard to come by, but Thomas and others pointed to the saga of Arthur Andersen as an example of how such collateral consequences can doom a company. The Big Five accounting firm was convicted in federal court in 2002 of obstructing justice tied to its work for Enron, an energy giant accused of engaging in massive accounting fraud.The firm vigorously appealed the verdict and won its case in the Supreme Court in 2005. But by then it was too late.

Weisselberg has been under scrutiny as to whether he avoided taxes on perks such as private school tuition and rent-free apartments that could have been considered compensation for his job. He said it might be a different story if Trump relied heavily on government programs, such as healthcare or financial trading. But Trump’s business involves real estate and licensing deals that require less regulatory oversight.

“If there is evidence sufficient to indict a company, then there is evidence to indict the officers engaged in the alleged criminal activity,” said Jeffrey Robbins, a former federal prosecutor.

 

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Don Jr may have to go into rehab because nobody sells what he needs on credit.

If indicted, loans can per contracts be called in. 😒😳 Serious money issue. A corporation may fail.

It goes belly up. And Donald goes into the poor house. Or to prison, which ever comes first.

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