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re: CNN: Trump should sell Mar-a-lago for 250M+ to cover bond that it’s worth 18M

Posted on 3/21/24 at 2:27 pm to
Posted by CreoleTigerEsq
Noneya
Member since Nov 2007
644 posts
Posted on 3/21/24 at 2:27 pm to
quote:

so trump was convicted for saying maralago was worth 250m


No. This wasn't a criminal matter, so he wasn't convicted. It was a civil suit.

The suit that was filed was a civil suit against the Trump Organization. I will say, though, that I think that Trump's legal team is goading James into selling his assets for the amount noted in the documents she alleges were fraudulent.

We'll have to wait and see.
Posted by teke184
Zachary, LA
Member since Jan 2007
96815 posts
Posted on 3/21/24 at 2:30 pm to
She may try to sell them for the $18m the judge claims but the lenders and Trump will have appraisals on file showing it is worth much more than that.
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