In a scathing rebuke of a New York judge's decision to fine Donald Trump a staggering $355 million, entrepreneur and media personality Kevin O'Leary paused, calling the sentence “unjust.” , calling it “appalling” and ultimately “un-American.” ”
Friday's ruling by Manhattan Supreme Court Judge Arthur Engoron not only imposed a hefty fine on President Trump, but also temporarily banned him from doing business in his hometown of New York.
O'Leary, known for his role on “Shark Tank,” slammed the decision, saying it sets a dangerous precedent for the real estate industry as a whole.
O'Leary has previously criticized the months-long fraud scandal in the media, recently telling CNN: This also makes no sense. ”
“The fact that he was convicted means every real estate developer on the planet has been convicted,” O'Leary said in an exclusive interview with the Post.
The judge's ruling bars Trump from holding any executive or director positions in New York for three years, a move O'Leary said would be detrimental not only to Trump but also to the broader business environment. I'm looking at it.
“I don't understand where someone got hurt…What developer wouldn't want the highest price for the building he built?” O'Leary said.
O'Leary predicted the ruling would be overturned on appeal and warned that the ruling could have a lasting impact on U.S. business.
“That is not healthy for the country,” he stressed. “This is wrong for everyone involved, and I hope this is reconsidered, appealed, and overturned.”
He later added: All developers must be jailed. they must be found guilty. They must be put out of business. We can't do this to each other. It's not about Trump. ”
“It's horrible. It's unjust. I'd go so far as to say it's un-American,” O'Leary added.
O'Leary, who called New York a “loser state” in response to the ruling, also noted that if the ruling stands, it could lead to an exodus of businesses from the state.
“We're just shocked. You have no idea. It's a shock to the real estate industry. It's insane,” he said.
The ruling also spared President Trump's two eldest sons, banning them from business for two years and ordering them to pay $4 million each.
In response, and during the 2024 campaign, President Trump denounced the ruling as nothing more than an “election interference witch hunt” and said he perceived it as a biased, politically motivated attack on the judicial system. denounced.
