Idiot Trump Doubles Down on Mar-a-Lago Lie in Fraud Bond Freak-Out
One nagging detail is still plaguing Donald Trump as the deadline looms for the $464 million bond in his New York bank fraud trial: how much Mar-a-Lago is worth.Trump faces a Monday deadline to post the massive bond in his fraud trial—and if he doesn’t, New York state is prepared to seize his assets. Amid a Monday morning freak-out over the reality he now faces, Trump once again doubled down on the claim that Mar-a-Lago is worth far more than the judge claimed—an exaggeration that won him the huge fraud fine in the first place.“[Judge Arthur] Engoron’s fraudulent valuation of Mar-a-Lago for $18,000,000, when it is worth 50 to 100 times that amount, is another piece of the Election Interference HOAX. It’s all a giant and totally illegal Witch Hunt against Biden’s Political Opponent!” Trump posted on Truth Social Monday morning, a handful of minutes before entering a Manhattan courtroom for a hearing related to his Stormy Daniels hush-money trial.In other words, Trump is once again trying to claim that Mar-a-Lago could be worth as much as $2 billion—surely a claim that an appeals court could consider when hearing his desperate attempt to overturn the judgment against him.Attorneys for the GOP presidential pick have claimed in court filings that Trump has tried and failed to get upward of 30 suretors to help him secure a bond for the half-billion-dollar disgorgement. But after a trial that found Trump had massively overinflated the value of himself and his assets, with evidence of a massively downsized evaluation for one of his biggest Florida properties, who would?So Trump has attacked the thorny detail for months, claiming every which way that the trial constituted an “election interference scam,” that the estate’s value is worth “50 to 100 times” more, flailing accusations that the price tag was cooked up either by New York Attorney General Letitia James or Engoron, and outright demanding that “the only fraud was the valuation of Mar-a-Lago at $18,000,000 by the Crooked Judge in order to help his already fully debunked narrative.” “They should pay me damages for what they have done, and ultimately will,” Trump wrote ominously on Sunday. “THESE ARE NOT THE PEOPLE THAT MADE AMERICA GREAT, THESE ARE THE PEOPLE THAT ARE DESTROYING AMERICA!”Still, the accusations that either New York official conjured the valuation is, itself, a fabrication. In the judge’s initial September 26 ruling, in which he decided that the Trump Organization had committed fraud, Engoron turned to a local—a Palm Beach County property appraiser—for an estimate on the 20-acre property. It was the appraiser that determined Mar-a-Lago was worth “between $18 million and $27.6 million,” rather than the $426 to $612 million valuation that Trump had tagged it for, and which Engoron noted had overvalued the property by “at least 2,300 [percent].” That lower assessment was for tax purposes.
One nagging detail is still plaguing Donald Trump as the deadline looms for the $464 million bond in his New York bank fraud trial: how much Mar-a-Lago is worth.
Trump faces a Monday deadline to post the massive bond in his fraud trial—and if he doesn’t, New York state is prepared to seize his assets. Amid a Monday morning freak-out over the reality he now faces, Trump once again doubled down on the claim that Mar-a-Lago is worth far more than the judge claimed—an exaggeration that won him the huge fraud fine in the first place.
“[Judge Arthur] Engoron’s fraudulent valuation of Mar-a-Lago for $18,000,000, when it is worth 50 to 100 times that amount, is another piece of the Election Interference HOAX. It’s all a giant and totally illegal Witch Hunt against Biden’s Political Opponent!” Trump posted on Truth Social Monday morning, a handful of minutes before entering a Manhattan courtroom for a hearing related to his Stormy Daniels hush-money trial.
In other words, Trump is once again trying to claim that Mar-a-Lago could be worth as much as $2 billion—surely a claim that an appeals court could consider when hearing his desperate attempt to overturn the judgment against him.
Attorneys for the GOP presidential pick have claimed in court filings that Trump has tried and failed to get upward of 30 suretors to help him secure a bond for the half-billion-dollar disgorgement. But after a trial that found Trump had massively overinflated the value of himself and his assets, with evidence of a massively downsized evaluation for one of his biggest Florida properties, who would?
So Trump has attacked the thorny detail for months, claiming every which way that the trial constituted an “election interference scam,” that the estate’s value is worth “50 to 100 times” more, flailing accusations that the price tag was cooked up either by New York Attorney General Letitia James or Engoron, and outright demanding that “the only fraud was the valuation of Mar-a-Lago at $18,000,000 by the Crooked Judge in order to help his already fully debunked narrative.”
“They should pay me damages for what they have done, and ultimately will,” Trump wrote ominously on Sunday. “THESE ARE NOT THE PEOPLE THAT MADE AMERICA GREAT, THESE ARE THE PEOPLE THAT ARE DESTROYING AMERICA!”
Still, the accusations that either New York official conjured the valuation is, itself, a fabrication. In the judge’s initial September 26 ruling, in which he decided that the Trump Organization had committed fraud, Engoron turned to a local—a Palm Beach County property appraiser—for an estimate on the 20-acre property. It was the appraiser that determined Mar-a-Lago was worth “between $18 million and $27.6 million,” rather than the $426 to $612 million valuation that Trump had tagged it for, and which Engoron noted had overvalued the property by “at least 2,300 [percent].” That lower assessment was for tax purposes.
