Judge Blocks Trump From Secretly Transferring His Money
Engoron issued a new ruling on Thursday morning, ordering all the defendants named in the lawsuit to provide a list of all the entities they currently own and to what extent any third party may have an ownership or interest in those entities. They must also provide advance notice for "the creation of a new entity" and "any anticipated transfer of assets or liabilities to any other entities."
Trump, his two eldest sons, Donald Jr. and Eric, former chief financial officer of the Trump Organization, Allen Weisselberg, and Trump Organization controller Jeffrey McConney will have a week to disclose all of the information to former federal judge Barbara Jones, the court-appointed monitor currently overseeing the company's finances.
Trump has been ordered to disclose of "any anticipated transfer of assets" to a court-appointed monitor in a move that will prevent Trump from hiding his money.
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Justice Arthur F. Engoron wants to make sure Trump doesn't shift around his assets to hide them from a judgment against the Trump Organization.
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