{"id":6335,"date":"2024-02-22T20:40:13","date_gmt":"2024-02-22T20:40:13","guid":{"rendered":"https:\/\/ourtimenew.com\/?p=6335"},"modified":"2024-02-22T20:40:13","modified_gmt":"2024-02-22T20:40:13","slug":"watch-kevin-oleary-announces-hes-boycotting-nyc-over-trump-ruling-im-not-the-only-one","status":"publish","type":"post","link":"https:\/\/ourtimenew.com\/?p=6335","title":{"rendered":"WATCH: Kevin O\u2019Leary Announces He\u2019s Boycotting NYC Over Trump Ruling: \u2018I\u2019m Not The Only One\u2019"},"content":{"rendered":"<p>\u2018Shark Tank\u2019 mogul Kevin O\u2019Leary announced he is boycotting New York City following Judge Arthur Engoron\u2019s $355 million ruling against former President Donald Trump. The decision was labeled as \u201ccorrupt and baseless\u201d by O\u2019Leary, who criticized both AG Letitia James and Judge Engoron for their roles in the case.<\/p>\n<p>\u201cI\u2019m shocked,\u201d O\u2019Leary told Fox News. \u201cThere\u2019s no rationale for it. I can\u2019t even understand or fathom the decision at all.\u201d He extended his criticism towards the state of New York, branding it a \u201closer state\u201d alongside California due to unfavorable policies, high taxes, and uncompetitive regulation.<\/p>\n<p>\u201c[New York] was already on the top of the list of being a loser state. I would never invest in New York now, and I\u2019m not the only person saying that.\u201d The reality TV star and entrepreneur also highlighted the impact of the ruling on future investments, particularly in high-end data centers, which are a booming asset class in the real estate sector.<\/p>\n<p>\u201cThis has nothing to do with Trump. Forget about Trump. This is not a Trump situation. This is a New York problem now.\u201d<\/p>\n<p>WATCH:<br \/>\n<iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" title=\"Kevin O&amp;apos;Leary Announces He&amp;apos;s Boycotting NYC Over Trump Ruling: &amp;apos;I&amp;apos;m Not The Only One&amp;apos;\" src=\"https:\/\/rumble.com\/embed\/v4bsvgc\/#?secret=xWNXTKVxVq\" data-secret=\"xWNXTKVxVq\" width=\"1280\" height=\"720\" frameborder=\"0\"><\/iframe><\/p>\n<p>Engoron ruled that Trump must pay over $350 million and is barred from conducting any business in New York State for three years. The landmark ruling on Friday not only threatens to drain Trump\u2019s available cash reserves but also marks a critical juncture in his business career.<\/p>\n<p>The New York Attorney General, Letitia James, accused Trump and his company of inflating asset values on financial statements provided to lenders, insurers, and tax authorities to obtain benefits such as loans and tax deductions.<\/p>\n<p>Judge Engoron played a critical role in the legal saga. Notably, he ordered Trump to comply with subpoenas for documents and testimony related to the investigation, and at times, he ruled against Trump\u2019s legal arguments aiming to limit the scope of the investigation or dismiss the case outright. The case has been highly polarizing. Supporters of Trump have criticized the investigation and Engoron\u2019s rulings as politically motivated.<\/p>\n<p>Trump\u2019s response from his home in Mar-a-Lago was swift and unyielding, as he took to the media to denounce Judge Engoron as \u201ccorrupt\u201d and to castigate the state of New York for its impending financial collapse.<\/p>\n<p>\u201cI also knew we have a corrupt judge. He\u2019s not a respected man,\u201d Trump stated. \u201cAgain, I said before, he\u2019s been overturned on this case by the appellate division four times already. It\u2019s a record. Nobody\u2019s ever been overturned on one case four times.\u201d<br \/>\n<iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" title=\"Trump Responds To $450M Ruling: Claims New York on Verge of Collapse\" src=\"https:\/\/rumble.com\/embed\/v4b9n66\/#?secret=MEBBvIqWRP\" data-secret=\"MEBBvIqWRP\" width=\"638\" height=\"390\" frameborder=\"0\"><\/iframe><\/p>\n<p>The former President did not stop at criticizing the judiciary. He extended his commentary to the broader state of New York. \u201cIt\u2019s a state that\u2019s going bust because everybody\u2019s leaving and it\u2019s all headed up by Biden who\u2019s destroying our country.\u201d<\/p>\n<p>The court found that Trump and his associated entities engaged in fraudulent activities by submitting false financial data to banks and insurers to secure loans and insurance at more favorable rates.<\/p>\n<p>Despite the defense\u2019s denial of these allegations, court documents state they found substantial evidence of fraudulent misrepresentation and imposed several remedies, including the continuation of an Independent Monitor\u2019s appointment, the installation of an Independent Director of Compliance, and restrictions on the defendant\u2019s ability to conduct business in New York for a few years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Shark Tank\u2019 mogul Kevin O\u2019Leary announced he is boycotting New York City following Judge Arthur Engoron\u2019s $355 million ruling against former President Donald Trump. The decision was&#8230; <\/p>\n","protected":false},"author":1,"featured_media":6336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/posts\/6335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6335"}],"version-history":[{"count":1,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/posts\/6335\/revisions"}],"predecessor-version":[{"id":6337,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/posts\/6335\/revisions\/6337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=\/wp\/v2\/media\/6336"}],"wp:attachment":[{"href":"https:\/\/ourtimenew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ourtimenew.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}