• pelespirit@sh.itjust.worksOP
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    1 year ago

    I’m pulling for him to get worst case scenario, but I’m not getting my hopes up.

    The worst-case scenario for Mr Trump and his fellow defendants would see them barred from doing business in New York, and hit with fines of at least $250m.

    The Trump Organization could be forced to hand over control to a court-appointed receiver, or ultimately have to sell some of its most iconic landmarks - potentially even Mar-a-Lago. New York City

  • LordOfTheChia@lemmy.world
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    1 year ago

    Trump: “They claimed that Mar-a- Lago was worth only $18,000,000, when it was worth 50 to 100 times that amount”.

    Florida property tax assessor:

    • CharlesDarwin@lemmy.world
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      1 year ago

      Wait, does OJ really think it is worth 1.8 billion? Or expect others to believe that? What a fucking jackass. That’s nearly 2x the already-absurd claim of being worth one billion. WTAF.

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    Throughout the 10-week trial in New York, the prosecution and defence have contested the value of Mr Trump’s private club in Florida - as well as the line between legitimate real estate valuations and fraud.

    The trial is now coming to a close, but before it even started, Judge Arthur Engoron, a Democrat, ruled the financial documents at the core of these allegations “clearly contain fraudulent valuations that defendants used in business”.

    The former president had been expected to return to the witness stand on Monday, but announced in a social media post on Sunday evening that he had nothing more to say in a case he describes as politically motivated.

    The attorney general’s case claims this is fraud, that the Trump Organization knew about Mar-a-Lago’s deed restrictions and ignored them to come up with values as if it were purely a private residence.

    Trump’s legal team called luxury Florida real estate broker Lawrence Moens as a witness, and he told the court Mar-a-Lago was worth more than $1bn.

    After this week’s final testimony, and a long break before closing arguments in January, Judge Engoron will deliver his ruling on the remaining fraud charges as well as any penalties.


    The original article contains 1,265 words, the summary contains 199 words. Saved 84%. I’m a bot and I’m open source!

  • Rapidcreek@reddthat.com
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    1 year ago

    Mar-a-logo is a very interesting property with a long history. It was once owned by the US government as well as the Beatles.

    • Flying Squid@lemmy.world
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      1 year ago

      I’m not sure that’s true about the Beatles. I can’t find any corroboration. I would think that would be something Trump would never shut up about.