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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Confesses He Has the Money to Post Bond Amid Bizarre Meltdown
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.
Trumps words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trumps latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial. 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.
Trumps words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trumps latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial.
Link to tweet
https://newrepublic.com/post/180055/trump-confesses-money-bond-fraud-trial
Hugin
(33,222 posts)He is a rapey rapist who rapes and lies!
PatSeg
(47,733 posts)then it is a lie. Can't believe a word the man says. Tomorrow, he'll probably say something different.
Aristus
(66,520 posts)"It's out there. The proof is out there. You just have to look. Trust me..."
Think. Again.
(8,775 posts)...after that NY state will have to just take it, or anything else he has, to cover the judgement.
brush
(53,971 posts)I hope he's lying again.
LakeArenal
(28,865 posts)How do those donors feel now?
You mean he had the money all along?
Tommy Carcetti
(43,227 posts)He psychologically cannot ever admit any weakness, and he ends up stumbling over himself because of it.
The underlying judgment on the fraud claim underscores this. For example, when it came out that the tax assessed value of Mar-a-Lago was only $15 million (because he agreed to have it taxed as a club and not a residence), he threw a complete fit, insisting that the value of the property was much higher. Which--if it were viewed as a residence--might be true, except that corroborated his fraudulent statements to lenders inflating that official tax assessed value, thus supporting the finding of fraud.
gordianot
(15,253 posts)Like the Narcissist I dealt with back in the day they all share the same condition of not keeping quiet when they should for their own benefit. More often than not they lie and live in a fog of delusion.
Torchlight
(3,418 posts)Wile E. Coyote, Super Genius (it's true, it's printed on the business card)
Deuxcents
(16,433 posts)And well know by Monday if hes gonna pay or not. Until then, I dont care because he loves the attention and hes not getting mine. The judicial system has a real problem and it wont get any better until they put an end to his delay games and face his consequences like the rest of us would have to.
Johnny2X2X
(19,254 posts)If you or I were facing court sanctions and we whined to the judge for several days we can't come up with the money, but then we post on social media that we have the money, we just wanted to use it for something else, you or I would be arrested and held in contempt of court.
MadameButterfly
(1,101 posts)he wants someone else's money at risk because he's planning on somehow not paying (once he is dictator). If he puts up his own cash, when he loses it's gone.
Of course he's also probably lying about having the money. But if he did have it....
bif
(22,812 posts)Meadowoak
(5,571 posts)Would have secured his bond. They did not, because Trump is broke. Period.
BComplex
(8,082 posts)Or was it the Saudi prince?
walkingman
(7,690 posts)-misanthroptimist
(830 posts)But as the weakest man in human history, he can't admit that.