Kevin O’Leary says he ‘will never invest in New York’ after Trump ruling
Even before the ruling, “New York was already a loser state” ~Kevin O’Leary
By
Kevin O’Leary, the “Shark Tank” investor known as “Mr. Wonderful,” said he would “never invest in New York” again and other investors feel the same way after a state judge ruled that former President Donald Trump would have to pay more than $350 million in a civil fraud case brought by New York Democratic Attorney General Letitia James.
“Leaving the whole Trump thing out of it and seeing what occurred, I’m no different than any other investor. I’m shocked at this. I cannot understand or fathom the decision at all. There’s no rationale for it,” O’Leary, the chairman of O’Leary Ventures, said Monday on Fox Business.
O’Leary also said that “New York was already a loser state” due to its policies, including high taxes, and this title was only cemented further after Judge Arthur Engoron found Trump responsible for fraud before the trial even began.
The judge later ordered Trump to pay about $355 million and he banned the former president from serving as a director of a New York-based business for three years. Engoron also fined Trump’s two eldest sons, Donald Trump Jr. and Eric Trump, $4 million and banned them from being directors of businesses in the state for two years.
“I would never invest in New York now, and I’m not the only person saying that,” O’Leary also said. Rather than investing in New York, O’Leary said he is looking into Oklahoma, North Dakota and West Virginia because they are “winner states.”
___________
Follow Madeleine Hubbard on X or Instagram.
*********
(TLB) published this report with permission of John Solomon at Just the News. Click Here to read about the staff at Just the News
Header featured image (edited) credit:
Emphasis added by (TLB)
••••
••••
Stay tuned to …
••••
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)
••••
Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.
••••
Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
••••
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.
Leave a Reply