Trump to Attend Sneaker Con After $355 Million Fraud Penalty

Written by Henrik Rothen

Feb.17 - 2024 5:15 PM CET

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Photo: Shutterstock.com
Photo: Shutterstock.com
Trump to Attend Sneaker Con After $355 Million Fraud Penalty.

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Following a significant legal defeat in New York, former President Donald Trump announced plans to visit Philadelphia for Sneaker Con, then proceed to a Michigan rally. This announcement came after Judge Arthur Engoron ordered Trump to pay $355 million in penalties for inflating assets for better loans, a case brought by New York Attorney General Letitia James.

The ruling also restricts Trump, along with executives Allen Weisselberg and Jeff McConney, from holding officer or director positions in New York-based corporations for three years. Trump's sons, Donald Jr. and Eric, face over $4 million in fines each and a two-year business ban in the state.

Despite the legal setbacks, Trump, leading the GOP for the 2024 presidential race, denies wrongdoing, deeming the case politically motivated. He plans to appeal, with his lawyer confident of overturning the trial court's decisions.

Photo: Truth Social

Trump's Sneaker Con attendance highlights his campaign trail activities, emphasizing Pennsylvania's strategic importance in the upcoming election. Amidst ongoing national campaigns, polls show a tight race between Trump and President Joe Biden, with potential outcomes hinging on economic performance and voter sentiment.

This legal and political saga underscores the tumultuous landscape leading into the 2024 presidential election, with both candidates actively campaigning and legal challenges continuing to unfold.

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