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Michael R. Sisak

Michael R. Sisak

The Diplomat

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New York's highest court overturns Harvey Weinstein's 2020 rape conviction: 'An abuse of judicial discretion'

The court ordered a new trial for Weinstein, 72, who is serving a 23-year sentence.

25.04.2024 10

Fortune

Michael R. Sisak

Trump’s ex-CFO Allen Weisselberg will be sentenced for lying under oath in ex-president’s New York civil fraud case

He is expected to be sentenced to five months in jail after pleading guilty last month to two counts of perjury.

10.04.2024 20

Fortune

Michael R. Sisak

Trump hangs onto New York assets—for now—by posting $175 million bond in civil fraud case

The bond Trump is posting with the court now is essentially a placeholder, meant to guarantee payment if the judgment is upheld.

02.04.2024 10

Fortune

Michael R. Sisak

Billionaire known for high-interest loans to car buyers with poor credit chairs the insurance group that underwrote Trump's $175 million bond

The bond Trump is posting with the court now is essentially a placeholder.

02.04.2024 40

Fortune

Michael R. Sisak

Trump says he’s struggling to come up with a bond for his $454m court judgment. Here’s what happens next if he misses the Monday deadline

Trump’s lawyers said freeing up cash by offloading some of Trump’s properties in a “fire sale” would result in massive, irrecoverable losses.

20.03.2024 10

Fortune

Michael R. Sisak

Trump is struggling to come up with the cash for a bond on his $454 million court judgment, lawyers say

Trump's lawyers wrote that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented."

19.03.2024 20

Fortune

Michael R. Sisak

Trump's request to halt his $454m fraud penalty while he appeals is denied by New York judge

The judge however granted a stay pausing part of the Feb. 16 verdict that barred Trump, his company and co-defendants from borrowing money from New...

29.02.2024 10

Fortune

Michael R. Sisak

Trump is prepared to post $100 million bond but not the full $454 million judgment, lawyers say

New York AG Letitia James has said that she will seek to seize some of Trump's assets if he's unable to pay the judgment.

28.02.2024 5

Fortune

Michael R. Sisak

Trump appeals $454 million civil fraud judgment in New York

Trump maintains that he's worth several billion dollars and testified last year that he had about $400 million in cash. His appeal was expected.

26.02.2024 6

Fortune

Michael R. Sisak

Trump’s property could be seized if he can’t pay $454 million civil fraud debt, New York AG says

Here's a look at where things stand in the wake of Trump’s costly verdict.

22.02.2024 10

Fortune

Michael R. Sisak

Inside Donald Trump’s $355M civil fraud verdict and what comes next

The ruling cuts to the core of Trump’s image as a wealthy, shrewd real estate mogul turned political force.

19.02.2024 20

Fortune

Michael R. Sisak

Trump hit with $364 million civil fraud judgment in New York over yearslong scheme to inflate his wealth

Trump also was barred from serving as an officer or director of any New York corporation for three years.

16.02.2024 8

Fortune

Michael R. Sisak

#MeToo undone? Top New York court considers overturning Harvey Weinstein's 2020 rape conviction

He would remain locked up because of his California conviction.

15.02.2024 7

Fortune

Michael R. Sisak

Trump threatened with ejection from courtroom over loud remarks—‘it is a witch hunt’—as E. Jean Carroll testifies

Judge Lewis A. Kaplan told the former president that his right to be present at the trial will be revoked if he remains disruptive.

18.01.2024 6

Fortune

Michael R. Sisak

Donald Trump has to pay The New York Times $400,000 in legal fees over their story about his wealth and taxes

The story won a Pulitzer Prize in 2018.

13.01.2024 4

Fortune

Michael R. Sisak

Trump defies judge with 6-minute courtroom speech on tense final day of New York civil fraud trial: ‘I’m being persecuted by someone running for office’

Judge Arthur Engoron let him continue almost uninterrupted for what amounted to a brief personal summation, then cut him off for a scheduled lunch...

12.01.2024 8

Fortune

Michael R. Sisak

‘King of the NRA’ Wayne LaPierre’s lavish spending at center of New York civil trial into whether executives violated nonprofit laws at gun group

LaPierre’s methods as the NRA's chief executive officer allowed him to operate the powerful gun rights organization “as Wayne’s World for...

09.01.2024 10

Fortune

Michael R. Sisak

NRA chief LaPierre announces resignation days before trial accusing him of corruption

New York AG Letitia James said the resignation “validates our claims against him" and confirmed that the trial will go on as scheduled.

06.01.2024 10

Fortune

Michael R. Sisak

Rudy Giuliani, worth less than $10 million and facing a $148 million defamation judgment, files for bankruptcy

The man once known as "America's mayor" was recently found guilty of defaming two election workers who faced abuse and death threats.

21.12.2023 4

Fortune

Michael R. Sisak

Donald Trump's civil fraud case enters the final phase after 40 witnesses and a judge wistfully saying, 'In a strange way, I'm gonna miss this trial'

The judge has already ruled that Trump is liable for making fraudulent statements, but other claims and a potential final penalty still need to be...

16.12.2023 3

Fortune

Michael R. Sisak

Trump reverses day before expected New York fraud trial appearance and says he won’t testify again because he has nothing more to say

“I will not be testifying on Monday," Trump wrote in an all-capital-letters, multipart statement on his Truth Social platform less than 20 hours...

11.12.2023 10

Fortune

Michael R. Sisak

Former gang leader who stabbed Derek Chauvin in prison 22 times charged with attempted murder, prosecutors say

The Bureau of Prisons said employees performed “life-saving measures" on Chauvin after John Turscak stabbed him repeatedly in the prison law...

04.12.2023 10

Fortune

Michael R. Sisak

Donald Trump Jr. testifies to his father's 'incredible vision' at fraud trial that threatens the family business: 'He’s an artist with real estate'

Trump Jr. first testified two weeks ago, called in by New York State Attorney General Letitia James' office, which is suing the Trump family business.

14.11.2023 10

Fortune

Michael R. Sisak

Donald Trump Jr. is returning to the witness stand in New York trial as defense hits back at civil fraud claims that threaten ex-president's real estate empire

New York AG Letitia James alleges Donald Trump, his company and executives including Eric and Donald Jr. exaggerated his wealth by billions of...

13.11.2023 10

Fortune

Michael R. Sisak

Trump’s brawling fraud trial testimony veered from ‘The fraud is on the court, not on me’ to ‘I’ve had a lot of cash for a long time’

“How do you rule against somebody and call them a fraud, as the president of the United States, who did a great job?”

08.11.2023 10

Fortune

Michael R. Sisak

Donald Trump Jr. tells fraud trial he never worked on his father's financial statements despite being a Trump Organization EVP

Trump Jr. said he signed off on statements as a trustee, but had left the work to outside accountants and the company's then-finance chief, Allen...

02.11.2023 6

Fortune

Michael R. Sisak

Donald Trump’s sons are about to testify. Trump Jr. can’t recall using GAAP except ‘probably in Accounting 101 at Wharton’

Donald Trump Jr. previously testified that he couldn't recall having to use GAAP standards in his work.

01.11.2023 6

Fortune

Michael R. Sisak

Trump returns to his New York civil fraud trial, but star witness Michael Cohen wasn’t there as expected

An outside appraiser testified that his company essentially put a thumb on the scale when sizing up his properties' value.

18.10.2023 7

Fortune

Michael R. Sisak

Trump’s disputed financial statements were key to the approval of $232m in loans, but the lender gave sizable ‘haircuts’ to his values, bank official testifies

Trump’s statements were key to the approval of a $125m loan in 2011 for his resort in Doral, Fla., and a $107, loan in 2012 for his Chicago...

12.10.2023 7

Fortune

Michael R. Sisak

Trump admits in fraud trial that his New York penthouse is 11,000 square feet, not 30,000

Trump claimed for years that his New York Trump Tower was nearly three times its actual size on financial statements to make deals and secure loans.

11.10.2023 40

Fortune

Michael R. Sisak

Trump’s longtime finance chief Allen Weisselberg, who went to jail for dodging taxes on $1.7m in job perks, is set to testify in ex-president’s fraud trial

Weisselberg, also a defendant in the lawsuit, is expected to testify about his role in preparing Trump’s annual financial statements — including...

10.10.2023 10

Fortune

Michael R. Sisak

Donald Trump fails to halt fraud trial in New York as Letitia James says he lives in a ‘fantasy world’ 

Attorney General James said Trump’s side was “falsely claiming victory” for a resolution that her office had proposed—to leave him in control...

07.10.2023 4

Fortune

Michael R. Sisak

Trump's corporate controller tells court they boosted value of his Trump Tower penthouse by $20m because he was famous

Another $100 million hike in the estimate was based on a single email from a real estate broker, who hadn’t commissioned an appraisal, didn't...

06.10.2023 20

Fortune

Michael R. Sisak

Trump's financial statements were key to loan deal, evidence in fraud trial shows—after he said he never thought they 'would be taken very seriously'

Trump's defense argued that if there were problems with the statements, accountant Donald Bender was to blame.

06.10.2023 30

Fortune

Michael R. Sisak

Trump calls business fraud trial a ‘disgrace’ as accountant testifies that they didn't ‘verify the accuracy of any of the information’ from ex-president’s company

At the heart of the case are the “statements of financial condition,” yearly snapshots of Trump's wealth that were given to banks, insurers and...

05.10.2023 4

Fortune

Michael R. Sisak

Trump hit with limited gag order after publishing disparaging Truth Social post about New York court clerk in business fraud case

Judge Arthur Engoron told all participants in the case not to smear court personnel, warning of “serious sanctions” if they do.

04.10.2023 8

Fortune

Michael R. Sisak

Trump slams 'disgraceful trial' as he sneers through rare court appearance in New York lawsuit

The former President is being accused of deceiving banks, insurers and others by misstating his wealth for years in financial statements.

03.10.2023 10

Fortune

Michael R. Sisak

Trump will attend New York trial scrutinizing his business after judge issues ‘corporate death penalty’

Trump lashed out in his post at New York Attorney General Letitia James, who is suing him, and Judge Arthur Engoron, who is presiding over the...

02.10.2023 9

Fortune

Michael R. Sisak

The judge poised to disrupt Trump’s collection of skyscrapers was once a cabbie

The future of Trump's real estate empire will be decided by New York City judge Arthur Engoron.

01.10.2023 5

Fortune

Michael R. Sisak

Donald Trump defrauded banks with 'fantasy' to build his real estate empire, judge rules in a major repudiation against the former president

The judge found that the former president and his company massively overvaluing his assets and exaggerating his net worth on paperwork to secure...

27.09.2023 4

Fortune

Michael R. Sisak

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