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How Donald Trump’s business empire would thrive in his second term

Former President Donald Trump will continue to expand his business empire if elected president, a legal expert said.

Eric Chaffee, a law professor and white-collar crime expert at Case Western Reserve University in Ohio, said: News week that the Republican candidate would use the White House to expand his activities, just as he did during his first presidential term.

“Throughout his career, Donald Trump relentlessly pursued the growth of his business empire,” Chaffee said. “His quest for wealth did not stop during his first administration, although he hinted that he would divest his assets to avoid conflicts of interest.”

Chaffee said Trump would take advantage of the opportunity, even though he has been banned from the New York real estate industry for three years.

Donald Trump
Former President Donald Trump and his lawyer, Christopher Kise, during the civil fraud trial in New York on January 11. Legal expert believes Trump will continue to expand his business empire, despite…


Shannon Stapleton/Getty Images

Judge Arthur Engoron ruled in February that Trump lied for years about his wealth on documents given to banks, insurers and others to make deals and obtain loans. The judge ordered him and others to pay more than $350 million in fines, a sum that ballooned with interest to more than $489 million.

Engoron also barred Trump from serving as any director for three years and his companies were barred from taking out loans from financial institutions.

Donald Trump Jr. and Eric Trump were each ordered to pay more than $4 million and were banned from doing business in New York for two years.

News week On Thursday, he requested comment via email from Trump’s lawyer and the Trump campaign.

Chaffee said that, if elected president, Trump would find ways to get around Engoron’s decision.

“Due to recent legal issues, his ability to manage certain aspects of his business has been limited,” he said. “It has adapted and evolved to continue to operate these businesses.

“He has also used numerous legal avenues to attempt to remove limitations on his ability to run his business empire. If he is elected to a second term, the public can expect more of the same. He will continue to seek profit, and he will continue to use the legal avenues available to him to attempt to make a profit and protect himself in doing so.”

Chaffee said Trump would view the White House as additional protection for his business empire.

“What will be new is that the office of president will give him additional power as well as new legal arguments and tools to pursue his objective,” he said.

On July 1, the U.S. Supreme Court granted Trump broad immunity from prosecution and barred prosecutors from using presidential actions as evidence of crimes committed in private life. That means conversations and phone calls to the White House would likely be protected from prosecution, even if they concern Trump’s business dealings.

“Donald Trump prides himself on being a maverick politician, which makes it difficult to predict precisely what he will do,” Chaffee said. “What is predictable is that he will continue to be a businessman, even when he is president, if he is elected to this position.”