'Substantial blow' dealt to loan shark freed by Trump

Loan shark Jonathan Braun is among the many felons who was granted a federal commutation by former President Donald Trump. The Brooklyn Daily Eagle's Rob Abruzzese reports, however, that Braun has been dealt a "substantial blow" by New York State Justice Andrew Borrok.

Borrok, according to Abruzzese, has "issue a temporary injunction, forbidding Braun from the business of lending."

"In the official order dated September 1," Abruzzese reports, "Justice Borrok emphatically stressed that neither Braun nor his associates should partake in any lending activities or attempt to collect on previous loans or advances."

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On January 22, 2021, the New York Times reported that Trump had commuted Braun's ten-year federal prison sentence for drug smuggling. The Times stressed, however, that New York State Attorney General Letitia James had been conducting a loansharking investigation of Braun.

The Times reported, "According to lawsuits filed in June (2020) against Mr. Braun and two associates by the New York State attorney general, Letitia James, and the Federal Trade Commission, Mr. Braun helped start and worked as a de facto enforcer for an operation that made predatory loans to small-business owners, threatening them with violence if they refused to pay up."

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The Brooklyn Daily Eagle's full report is available at this link.