The new year could be off to a rough start for Donald Trump.
The former president is facing $250 million in penalties and a ban on doing business in New York when the judge overseeing his civil fraud trial delivers a verdict in the case later in January.
The Manhattan Supreme Court trial — which has been on hiatus since Dec. 13 — is set to resume with closing arguments on Jan. 11, and Justice Arthur Engoron has said he hopes to have a decision in the non-jury case by the end of the month.
Smart move might be selling Trump Tower, rather than move money into New York that would otherwise be difficult to seize. I think his ownership stake is worth about $250 million.