Trump's Real Estate Empire Faces Potential Dissolution under New York Law

Former President Donald Trump could potentially have his real estate business empire ordered "dissolved" under New York's anti-fraud law for repeated financial misrepresentations. Dissolution would be an unprecedented penalty without obvious victims, adding Trump to a list of scam artists and con artists hit with this punishment. Most previous cases involved major losses or deception of customers, while Trump's banks said financial figures had little impact on lending decisions. Experts worry a shutdown order could set a precedent for dissolving businesses more easily in the future without major harm.