Donald Trump has no idea how to post bond in the fraud trial—and he’s absolutely losing it.
Donald Trump has no idea how to post bond in the fraud trial—and he’s absolutely losing it.
In just shy of a week, Donald Trump’s $454 million judgment from his New York bank fraud trial will become collectible, either by way of liquid cash or financial assets—and it has officially sent Trump into meltdown mode.
The notoriously sleep-deprived GOP presidential nominee spent the better part of Monday night shouting into the void about the massive, half-billion-dollar judgment and his apparent inability to pay it off, bemoaning being required to follow the law before being allowed to appeal the case.
“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!” Trump posted Tuesday morning.
“I shouldn’t have to put up any money, being forced by the Corrupt Judge and AG, until the end of the appeal. That’s the way system works!” he added, forgetting that he’s being held to the same standards as every private citizen.
“The only FRAUD in the Peekaboo James case, our failed and disgusting New York State Attorney General, was her convincing ‘Judge’ Arthur Engoron to put a value on Mar-a-Lago, in Palm Beach, Florida, of just $18,000,000, when it is worth 50 to 100 times that amount. This was fraudulently and illegally done, working closely together in a corrupt Communist system, to set their NARRATIVE after learning that their Values and Facts were completely wrong,” Trump posted,
100 times would be 1.8 billion dollars...
4 years ago it was worth a little over half a billion when he talked to banks, and 18 to 27 million when he paid taxes.
Judge Engoron already determined in a summary judgment that Trump overvalued Mar-a-Lago by "at least 2,300%" by valuing the club between $426 and $612 million in his financial statements, despite the Palm Beach county assessor appraising the value between $18 and $27.6 million between 2011 and 2021. The documents entered into evidence today, as well as testimony from former Trump Organization VP Raymond Flores, adds context regarding who at the Trump Organization could have been aware of the discrepancy.