Donald Trump is close to the deadline to post bond in his fraud trial—and he’s screwing himself over even more.
Donald Trump is close to the deadline to post bond in his fraud trial—and he’s screwing himself over even more.
After having reached out to several guarantors and 30 suretors for help posting his $464 million New York bank fraud bond, Donald Trump suddenly wants everyone to know he actually does have the cash.
In a bizarre rant on Friday morning, the man who was found to have defrauded banks and investors by overvaluing himself and the value of his properties claimed that he had accrued the wealth by way of “HARD WORK, TALENT, AND LUCK.”
Trump also admitted he has nearly half a billion dollars in cash.
The confession directly contradicts a filing from his legal team last month arguing that it would be “impossible” to secure a bond covering the full amount of the multimillion-dollar ruling.
Trump’s words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trump’s latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial.
I mean, yeah, he “admitted” it… but knowing how much of a pathological liar he is, it’s also possible that he just wanted to look “successful” to his captive rubes.
Either way, he is absolutely creating real and serious problems for himself by saying that. And I love that for him.
Honestly I don't believe for a second that he actually has the money. I just don't think he can handle people (HIS people) knowing that he's flat fucking broke and at the end of his rope.
Monday we'll find out if Schrodinger's cash was in the box or not.
I'm glad the writer with The New Republic doesn't mince words.
Still this is the classic Trump strategy of doubling-down when backed in a corner. If it's worked for him all his life why would he do any different now?
If he admits he has the money, he is at the very least admitting he lied on record when he said he didn't. If he admits he doesn't have the money, he is at the very least publicly admitting he was never as rich as he told his supporters he was - but also admitting that he overvalued the properties, which is lying on record since he said he didn't overvalue them.