Kevin O’Leary Recommends Moving Investments Out Of New York

“Shark Tank” star Kevin O’Leary reacted to the horrendous ruling in Donald Trump’s New York fraud trial Monday, and it wasn’t pretty. He declared he would “never” invest in the state again and recommended that entrepreneurs move their operations to a more friendly location.

The businessman addressed the public outrage over the decision on “Fox & Friends Weekend.”

O’Leary viciously referred to the Empire State as a “Mega-loser” after last week’s shocking order against the former president. Judge Arthur Engoron, in what could only be described as a foregone conclusion, ordered the 2024 Republican frontrunner to pay $350 million in damages.

The suit was brought by Democratic New York Attorney General Letitia James, who campaigned on the pledge to “get Trump.”

The state argued that the former president inflated the values of his properties to get more favorable loan terms. A rarely used law was dusted off by Democrats to target Trump in a novel prosecution that is being roundly criticized.

To add insult to injury, he is banned for three years from serving as an officer of any New York corporation or legal entity.

O’Leary expressed his disgust at such an egregious political ploy. “I’m no different than any other investor. I’m shocked at this. I can’t even understand or fathom the decision at all. There’s no rationale for it.”

Actually, there is.

The left considers Trump as the sum of all evil. Therefore, any and all means to destroy him are on the table, including weaponizing the power of both the federal government and judicial system to bring him to his knees.

The ultimate goal, of course, is to keep him from returning to the White House.

O’Leary lumped New York in with California and other “loser states” that stifle competition, have exorbitant tax rates and overall bad policy. He further said that to understand the depth the judge sank to, remove the “Trump factor.”

Instead, view the action simply as an investor. “What does this say to everybody that wants to do work in New York and wants to risk capital?…this judge arbitrarily decided that this is the right amount. I don’t understand it. No developer does.”