Trump faces $250M penalty, ban from doing business in NY when judge issues verdict this month

DevCat@lemmy.world to politics @lemmy.world – 430 points –
Trump faces $250M penalty, ban from doing business in NY when judge issues verdict this month
nypost.com

The new year could be off to a rough start for Donald Trump.

The former president is facing $250 million in penalties and a ban on doing business in New York when the judge overseeing his civil fraud trial delivers a verdict in the case later in January.

The Manhattan Supreme Court trial — which has been on hiatus since Dec. 13 — is set to resume with closing arguments on Jan. 11, and Justice Arthur Engoron has said he hopes to have a decision in the non-jury case by the end of the month.

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He could sell Maralago, apparently it’s worth eleventy bazillion dollars.

Or really put his money where his mouth is and actually sell the Trump Brand rights themselves.

I'm /sure/ that's not overvalued at all.

The thing is, MBS could step in and buy the rights for a lot of money to help him out, then Trump could go “see, it was worth exactly what I said it was!” The Saudis were willing to write off enough money to Musk to help him kill Twitter just to watch it die - they can afford it.

That would still only be a part of his problem though. His trouble was also that the information he put down were factually inaccurate, and he used different valuations for his tax forms.

"Your Honor, I was on the solid gold toilet this morning and I felt a new valuation coming. Or possibly a sudden bowel movement. Anyway, based on market factors that I can't possibly explain to you and my own mood and feelings, I'm valuing Mar-A-Lago at one gorillion dollars. This is actually a lowball price, so I'm certain there's no need to get an appraisal. You can trust me, I know a thing or two about real estate. Bigly."