If he can’t pay, saddle him with a debt repayment plan that will rob him of whatever he doesn’t need to strictly survive in order to pay back what he owes.
That’s usually what happens to ordinary shmucks.
Trump unable to pay $464m bond in New York fraud case, his lawyers say
Submitted 8 months ago by throws_lemy@lemmy.nz to globalnews@lemmy.zip
Comments
ExtremeDullard@lemmy.sdf.org 8 months ago
Cort@lemmy.world 8 months ago
No the point is put up or shut up. We know if we send him a bill he’s not going to pay it, he’s notorious for it.
And if his lawyers suggest putting property up as collateral, we should say no because he’s also known to inflate property values.
Rapidcreek@lemmy.world 8 months ago
I’ve little doubt that the petition to take his assets will be registered with the court on Monday.
maculata@aussie.zone 8 months ago
Believe it or not; jail.
Wiggle_Hard@hilariouschaos.com 8 months ago
Can we talk about how they rated mar lago only with 20 million when it’s worth much more?
OneStepAhead@lemmynsfw.com 8 months ago
It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.
Kayel@aussie.zone 8 months ago
Zoning. No it’s not.
Wiggle_Hard@hilariouschaos.com 8 months ago
I only read the headlines but i def need to look more into it, but south beach is expensive AF
BrikoX@lemmy.zip 8 months ago
Palm Beach County assessor had appraised Mar-a-Lago’s market value to be between $18 million and $27.6 million
Source newsweek.com/how-much-mar-lago-worth-donald-trump…
And it has a permanent deed restriction to remain a club, it can’t be developed or turned into a single-family estate.
Wiggle_Hard@hilariouschaos.com 8 months ago
The real question i have is fraud charges penalty of +400 million dollars if no one is owed money and none of the banks filed complaints, I’m not saying this as a gotcha, i genuinely don’t follow liberal media or the case
maculata@aussie.zone 8 months ago
I thought we also heard that the FBI are fairly sure that all the classified documents were NOT recovered. Therefore he’s likely got a bargaining chip for several avenues out. Selling them to foreign parties or merely threatening to do so.
darthsid@lemmy.world 8 months ago
He can start a gofundme campaign and I’m sure his followers will contribute
takeda@lemmy.world 8 months ago
You probably know about it, but just in case, there actually is one.
It’s fucking pathetic seeing regular people donating to a billionaire.
People donating $5, $10, $25 but some also $100, $200, $500, but it is barely moving. Perhaps a good lesson showing how much money billionaires actually have and how much is a half billion. Although I suspect it probably flies over the donor’s heads.
deadbeef79000@lemmy.nz 8 months ago
If you earn $1m a year how long will it take to earn $1b? A thousand years.
If you earn $1m a month, how long? A thousand months, about eighty years.
If you earn $1b per year, how long to earn enough to get in the top ten billionaires list? 115 years.
A billion dollars is a truly staggering amount of money.
Madison420@lemmy.world 8 months ago
And I’m going to bet that list is going to be used as evidence in child support cases to show ability to pay but refusal.
ChicoSuave@lemmy.world 8 months ago
If Trump was a billionaire he would be able to pay the fine. If he had any kind of assets he could borrow against he could easily create the liquid capital to pay for a shit load. He has no money. He has no assets that aren’t provided under the Trump corporation, which filters all this bullshit away fromnhim personally while also providing his money and clout. The state of New York has firmly stopped the Corp from benefitting the man. He is broke, broken, and still falling.