Does Trump Really Owe $355 Million? Actually, He Owes More.
After reading virtually every word of Judge Arthur Engoron’s 92-page statement which calls for Donald Trump and his two sons to come up with $362,898,416 plus interest dating back to 2019, I end up wondering how could someone create such a massive and valuable portfolio of real estate properties and be so goddamn dumb?
Because Trump had to know, or at last he should have known that the moment he got into politics by announcing his Presidential campaign in 2015, that everything having to do with his business affairs would come under the microscope, in many instances microscopes being held and used by people who wanted to find something wrong, or something bad, or both.
What jumps out from the pages of this report is not only are so many of the scams he pulled so obvious that anyone could figure them out, but the evidence is right in the documents and testimony supplied by the Trump Organization to the Court!
These documents included financial statements used to secure bank loans which both overstated the value of various properties, as well aa understated the amount of money that was lost in other ventures.
For example:
· Trump’s Mar-a-Lago deed required that the property only be used as a social club, even though it was appraised and listed…