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submitted 7 months ago* (last edited 7 months ago) by MicroWave@lemmy.world to c/politics@lemmy.world

Donald Trump is close to the deadline to post bond in his fraud trial—and he’s screwing himself over even more.

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.

Trump’s words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trump’s latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial.

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[-] gravitas_deficiency@sh.itjust.works 223 points 7 months ago

I mean, yeah, he “admitted” it… but knowing how much of a pathological liar he is, it’s also possible that he just wanted to look “successful” to his captive rubes.

Either way, he is absolutely creating real and serious problems for himself by saying that. And I love that for him.

[-] just_another_person@lemmy.world 53 points 7 months ago

If his sheep believe it maybe they'll stop giving him money though. Bonus.

[-] PizzasDontWearCapes@sh.itjust.works 39 points 7 months ago

The best scenario is conservatives keep giving him their money, and he loses

[-] rockSlayer@lemmy.world 31 points 7 months ago

He's already going to bankrupt the rnc. This is a bonus

[-] LifeInMultipleChoice@lemmy.world 15 points 7 months ago* (last edited 7 months ago)

That unfortunately could go wrong in several ways I assume.

  1. Being a highly funded coop
  2. Being that a mass of people just took money from the lower and middle class and gave it to the rich where it may not be spent leading to an economic hit that pushes more people against more liberal ideals.
[-] bradorsomething@ttrpg.network 9 points 7 months ago

Number one worries me, our chickens are certainly coming home to roost here.

[-] just_another_person@lemmy.world 1 points 7 months ago

Well that's just about satisfaction maybe haha.

[-] Jimmyeatsausage@lemmy.world 9 points 7 months ago

I mean, he said on day 1, after descending his golden escalator, he was funding everything himself, and they've been paying him every day since. I'm not sure why they'd stop now.

[-] just_another_person@lemmy.world 3 points 7 months ago

Not actually a legal case though.

[-] GiuseppeAndTheYeti@midwest.social 7 points 7 months ago

Can you explain what you mean by the 2nd paragraph? Could that put him in legal trouble for the motion his lawyers filed to the court that claimed it was "impossible" for him to secure enough cash to cover bond?

[-] gravitas_deficiency@sh.itjust.works 16 points 7 months ago

If he’s saying he has it and he actually has it: he shot himself in the foot, because now the courts will put his finances under a microscope to find it. And they’ll probably find it.

If he’s saying he has it and he doesn’t actually have it: he still shot himself in the foot, because the courts are still gonna put his finances under a microscope, except it will last way longer because they’ll find out he’s actually broke, and also perhaps misrepresented his assets and income outside of the context of the NY civil case, which might yield some new charges involving criminal tax evasion, depending on what they find.

[-] GiuseppeAndTheYeti@midwest.social 14 points 7 months ago

So he's essentially inviting the state of New York to perform a super mega audit of his finances. Got it.

More or less, yeah. And, depending on what they find, they might tell the IRS that they should have a look, too.

[-] Mog_fanatic@lemmy.world 8 points 7 months ago

The way I'm reading it (and I could absolutely be wrong here) but it sounds like he might be saying he has the money now thru hard work and tan lotion or whatever the hell. Not that he always had it. That would still cause problems but not nearly as much as if he is saying he always had it. Cause then he basically lied in court under oath which is obviously a no no.

But if he's saying he like hit the ground and made some shrewd genius business moves to raise the money quickly or something I don't think that would cause a ton of problems. And I could easily see some moron rich people getting together and just giving him the money or something

It’s that, or he’s getting ready to have the RNC bankroll his financial losses. Which I’m sure will trigger tons of lawsuits from people who are very not ok with that.

This is all just a smokescreen. The objective is to create chaos and confusion. Delays here help trump.

[-] capt_wolf@lemmy.world 6 points 7 months ago

He admitted it just like he claimed he was a billionaire. It doesn't make it true. The question when he makes statements like this needs to be, "Is it true?" followed by, "To what degree does he believe his own lie?" because at some point, we step into the realm of severe mental illness and delusions of grandeur. Everything else is just posturing to save face for his idiot voter base.

[-] DogPeePoo@lemm.ee 10 points 7 months ago* (last edited 7 months ago)

I have the money! (all of the sudden)

I just need time to convert it from Rubles to dollars!

[-] capt_wolf@lemmy.world 6 points 7 months ago* (last edited 7 months ago)

"Sure I've got the money! Everybody knows I've got the money! Crooked Joe Biden knows I've got the money, but I'll say to you what I'd say to him and his fake, crony judges! You're not getting a red cent from me or America! In fact, when November rolls around and we take back what was STOLEN from us, it'll be Dirty Joe and his goons who'll be the ones to pay!"

*Cue cheering in moron ad nauseum*

[-] Lifter@discuss.tchncs.de 3 points 7 months ago

Yes, one could argue that he is still keeping up with the fraud scheme he was just sentenced for. Could he be charged again?

this post was submitted on 23 Mar 2024
660 points (96.9% liked)

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