Crime & Safety
Trump Appraiser Fined $10K A Day For Contempt In NY AG Probe
A judge held Cushman & Wakefield in contempt Wednesday for failing to give up records of work done for the Trump Organization.
NEW YORK CITY — A prominent real estate company connected to Donald Trump must pay a $10,000 daily fine until it complies with New York Attorney General Letitia James' probe into the former president's business dealings.
Judge Arthur Engoron found Cushman & Wakefield in contempt Wednesday after the company blew past deadlines to produce documents related its work done for the Trump Organization.
James quickly hailed the judge's decision as a "victory" in her civil investigation into Trump, who has notably dragged his feet on other subpoenas and declared the whole matter a politically motivated witch hunt.
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“No person or company, no matter how powerful, is above the law," James said in a statement.
The civil probe is focused on potentially shady business dealings and practices by Trump and his company.
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Trump had tapped Cushman & Wakefield for appraisals of several properties, including 40 Wall Street, according to court documents.
Those dealings prompted James — who is looking into accusations that Trump and his company lied about the value of properties — to send subpoenas to Cushman & Wakefield.
But the real estate giant failed to comply, according to court documents.
Engoron, the judge, bluntly wrote that Cushman & Wakefield's "willful non-compliance" with subpoenas and deadlines required stiff sanctions.
"Cushman & Wakefield has only itself to blame if it chose to treat the looming deadlines cavalierly," he wrote.
Trump himself faced a similar $10,000 daily fine and a contempt of court ruling from Engoron in April.
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