Trump family named as target of Civil RICO suit

[neohippie]

Link to tweet

Link to tweet

Link to tweet

Link to tweet

Basically Trump lied to investors about not being paid to promote this scheme, and told them it was risk free.

Suit names Trump, JR, Eric and Ivanka as members who promoted pyramid scheme

[riversedge]

1. Whow--a site for sore eyes to see. Hoping it holds. whow.

[neohippie]

2. News starting to report this

Link to tweet

[KY_EnviroGuy]

17. Direct link to NYT and Bloomberg articles....

NYT:
Trump Persuaded Struggling People to Invest in Scams, Lawsuit Says
By Maggie Haberman and Benjamin Weiser
Oct. 29, 2018

See: https://www.nytimes.com/2018/10/29/nyregion/trump-acn-lawsuit.html

-----------
Bloomberg:
Trump and His Children Accused of Investment Scams in Lawsuit
By Erik Larson and Shahien Nasiripour
October 29, 2018, 12:47 PM EDT

See: https://www.bloomberg.com/news/articles/2018-10-29/trump-and-his-children-accused-in-lawsuit-of-investment-scams?srnd=premium

Chickens are coming home to roost, Donny boy........

[red dog 1]

21. Thanks for that Bloomberg link

[Gothmog]

3. Who is surprised by this?

Most of trump's operations are pyramid schemes or scams

[Hekate]

10. Not at all surprised at the necessity for it; only that it is happening at long last, now.

The Mad King and his poisonous brood obviously thought they could skate forever, golden in the sunshine.

I think the harsh spotlight of the presidency is what will, gods willing, be what brings them down in ruins. It's an irony of his administration that so many who got away with criminal behavior for decades saw their lives begin to unravel once they were firmly associated with Trump as potus.

If the ruin of so many criminals can be accomplished in courts of law -- and in the court of public opinion -- we stand a better chance of survival than if they get away once again.

[lagomorph777]

31. +1 We have to stop letting Republican presidents get away with crimes.

Each one has escalated the criminality; from Nixon to Reagan to Bush Sr to Bush Jr, and finally Trump, each has massively expanded the scope of their crimes. Time to put a stop to it and make these crooks pay a price. And if it takes out dozens of family members, cronies, and sitting politicians, so much the better.

[onit2day]

19. Why is it so hard to see. One look at Trump and knew he was a con man.

It was obvious to me after hearing him speak. I am baffled as to why it is not obvious to others.

[Polly Hennessey]

28. Boy, do I agree with you.

I will never understand why what was so obvious to me was not obvious to others. We are a nation of gullibles. Hate to state the obvious but Barnum was right -“A sucker is born every minute” or let’s rephrase that - A sucker is born every second. Throw in a greedy media and you have the perfect recipe for creating a monster like tRump. That he is the President of our country is beyond shameful.

[BigmanPigman]

29. I think they are purposely ignorant and therefore

are willing to believe any BS easily. He played them like a true con.

[neohippie]

4. Wouldn't it be nice

I would love to see AGs in many states take on this kind of suit on behalf of those people who were victims of this kind of fraud

[shanny]

5. 'Bout time...

[B Stieg]

6. Really! We've all been "waiting for Rico!"

Godot is passe!
VOTE 2018!

[grantcart]

7. How delicious that they are using statistics from Montana

[SWBTATTReg]

8. Crooks, all crooks. RICO them to an inch of their greedy blanks. This is what the RICO

act is for.

[Scurrilous]

9. K&R

[gratuitous]

11. Filed in federal court

There will be no dodging discovery in this one. The Supreme Court has already ruled (9-0) that a sitting president can be compelled to respond and to attend deposition in a federal civil suit.

[Jim Lane]

16. Don't count on getting discovery.

You write, "There will be no dodging discovery in this one." The first issue won't be whether a President can be compelled to testify but whether the complaint states a claim for relief.

RICO is actually narrower than some nonlawyers believe. "Somebody did something that I think was sleazy or dishonest so I'm going to sue" doesn't state a RICO claim.

Before the defendants even answer the complaint, they will probably move to dismiss the case. Such a motion, if successful, means that the case is over, with no one having been deposed. I haven't read the complaint and haven't boned up on RICO law for years, so I can't assess the chances of success, but "dodging discovery" is at least possible.

[onit2day]

20. Trump nown owns the SC with the addition of partisan Kavanaugh

[PatSeg]

12. And the Trump family

doesn't think there is anything wrong with it, even though its illegal. To them, it is just business as usual as long as you don't get caught.

[iluvtennis]

13. Nothin but a crook and a liar. BUT HER EMAILS. nt

[trueblue2007]

14. TRUMP'S FAMILY in deep doo doo #LockThemAllUp

[red dog 1]

23. lol

[getagrip_already]

15. rico is a criminal statute - is there a civil analogue?

Other than claiming a vast conspiracy?

If not, don't use the word RICO. It establishes the criminal basis to dismantle an entire criminal enterprise.

Civil suits can only sue for actual damages.

[red dog 1]

24. The RICO Act of 1970 created a "civil law cause of action"

https://tollefsenlaw.com/civil-actions-under-rico/

[NastyRiffraff]

18. This is as sleazy as it gets

Scamming a pyramid scheme, They historically have preyed on low income, undereducated people.

I hope the convictions put them all in jail.

[pdsimdars]

22. Lock them up, Lock them up!

[red dog 1]

25. K&R, thanks for posting

[mahatmakanejeeves]

26. A few very preliminary thoughts on the new RICO complaint against Trump.

You'll have to unroll the thread.

A few very preliminary thoughts on the new RICO complaint against Trump.
/1

Link to tweet

[sarcasmo]

27. Ponzi Scheme, thanks SDNY.

[libdem4life]

30. Dare we hope? n/t

[Vinca]

32. Sadly, it's only a civil suit. I want the whole lot of them in orange jumpsuits.

[marble falls]

33. That's my thought. He'll get this dragged out for years.

[Honeycombe8]

34. Okay, this is another civil action by investors who were defrauded.

They are claiming the fraud is the type that makes it a RICO. But this is NOT a RICO action, which is a criminal action by the govt. This is another lawsuit by investors for fraud. It's not being reported on CNN yet.

https://www.palmerreport.com/analysis/civil-rico-suit-trump-kids/13747/

[uponit7771]

35. ...and so it REALLY begins.