Accounting Fraud

Trump says he’d have to hold ‘fire sale’ of properties to meet $464M bond

Well since he valued them all at fire sale prices for tax assessment purposes, I fail to see the problem. And? His whole real estate empire is kinda like a ponzi scheme. He has to sell off a property to be able to pay the loan of another one. I guess they’ve been doing a decent job but once there is a hiccup they will have problems unless oligarchs come to save him again Better hurry, bud. You’ve got a week left before New York starts running the fire sale for you.

“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision.… Continue reading

Trump has been unable to get bond for $464 million judgment, his lawyers say

Trump has been in quite a pickle recently. His attempt to seek a reduction in the bond amount from $464 million to $100 million was unsuccessful, and now his lawyers are arguing he shouldn’t have to put up any bond at all. It’s quite amusing to see the man who prides himself on being a billionaire struggling to come up with a fraction of that amount.

In a desperate attempt to delay posting the bond until his appeal is over, Trump’s lawyers have argued that the value of his properties far exceed the judgment. However, considering the fact that inflating property values was one of the things he was found guilty of, it’s hard to believe that any bond provider or court would believe such a statement.… Continue reading

Donald Trump found to have fraudulently boosted value of Scots homes by up to £200m

I am utterly shocked and not surprised at all to hear that Donald Trump has been found to have fraudulently boosted the value of Scottish homes by up to £200m. This man seems to be incapable of engaging in any business dealings without committing some form of fraud or deception. It’s almost comical how consistent he is in his dishonest practices. From lying about the number of homes built in a project associated with a loss-making golf club in Aberdeen to inflating property valuations to dupe banks, Trump’s fraudulent behavior knows no bounds.

The fact that a US judge found that it had been falsely claimed that 2500 homes had already been built when only planning permission for 500 existed is a clear indication of the extent of Trump’s deceitful tactics.… Continue reading

Trump lawyers say he’s prepared to post $100 million bond while appealing staggering fraud penalty

I can’t help but shake my head at the latest news surrounding Trump and his legal battles. The fact that he’s scrambling to post a $100 million bond while appealing a staggering fraud penalty of $454 million is both baffling and laughable at the same time. It seems like he’s playing a game of financial maneuvering in a desperate attempt to avoid facing the consequences of his actions.

The audacity of Trump’s legal team to argue that he shouldn’t have to post the full bond amount because he’s supposedly so wealthy is honestly mind-boggling. It’s as if they believe that the rules don’t apply to him simply because of his financial status.… Continue reading

Trump Is Broke as Heck and Completely “Embarrassed” by It: The former president is struggling to pay his New York civil fraud fine.

Trump Is Broke as Heck and Completely “Embarrassed” by It: The former president is struggling to pay his New York civil fraud fine.

The recent revelations about Trump’s financial struggles and his inability to pay the fines imposed on him in New York have sparked a flurry of reactions and discussions. As someone who has closely followed the trajectory of this divisive figure, it is both amusing and gratifying to see the tables turning on him.

While Trump has always projected an image of wealth and success, boasting about his billions and lavish lifestyle, the truth behind his financial facade is beginning to unravel.… Continue reading

Woman charged $1,010 for a single Subway sandwich, still waiting for solution

I cannot begin to fathom the shock and frustration that this woman must have felt upon realizing that she was charged a whopping $1,010 for a single Subway sandwich. It is absolutely mind-boggling how such an error could occur in the first place. The fact that she was unable to immediately rectify this outrageous mistake with the Subway employees on the spot is truly baffling. In a world where customer service seems to be a thing of the past, incidents like these bring to light the lack of accountability and responsibility that some businesses exhibit.

It is disheartening to see how difficult it has been for this woman to find a resolution to this absurd situation.… Continue reading

Letitia James live tweets $114,000 daily interest charges on Trump’s $464m fraud ruling

Letitia James certainly knows how to get under Donald Trump’s skin, and her recent live tweeting of the daily interest charges on his $464 million fraud ruling is nothing short of brilliant. The fact that Trump supporters are suddenly concerned about the “decorum and optics of officials” is the epitome of hypocrisy. Trump Sr.’s daily interest accrual of $111,984 is a clear indication of the consequences of his fraudulent actions.

The daily interest charges accumulating on Trump’s outstanding debt are a staggering $111,984, and this amount increases with each passing day. The ruling against Trump, his adult sons, and former Trump Organization employees is a significant blow, and Letitia James is not going to let him forget the financial consequences of his actions.… Continue reading

Trump Tries to Change NY Business Addresses to FL in Fraud Judgment

Trump’s latest attempt to change the addresses of his New York businesses to Florida after a fraud judgment is not only comical but also alarming. It seems like he’s trying to pull a fast one, hoping to evade the consequences of his actions by playing around with addresses on paper. This move reeks of desperation and a blatant disregard for the legal system.

What’s even more concerning is the fact that Trump seems to think he can just slide these changes in unnoticed. It’s like watching a toddler trying to hide behind their hands, thinking no one can see them. The audacity of committing fraud after being convicted of fraud is mind-boggling.… Continue reading

Judge denies Trump’s request to delay enforcement of $355M fraud case penalties

The recent news of a judge denying Trump’s request to delay the enforcement of $355M fraud case penalties is truly a moment of accountability and justice prevailing. The judge’s firm stance against Trump’s attempts to evade consequences for his actions is a victory for those who believe in upholding the rule of law.

It is satisfying to see the judge’s response to Trump’s baseless request for a stay, reminding him that he has failed to provide any valid justification for delaying the penalties imposed on him. Trump’s audacity to insult the judge and his staff, coupled with his futile attempts to change the addresses of his business entities, only further highlight his lack of remorse for his fraudulent actions.… Continue reading

It Sure Looks Like Trump Can’t Pay the Bond in His Fraud Trial

Every headline, every tweet, every rumor spreading like wildfire seems to confirm what many have suspected all along – it sure looks like Trump can’t pay the bond in his fraud trial. The discussions, the speculations, the analyses all point towards a looming financial meltdown for the former president. And yet, amidst all this chaos, one thing remains crystal clear – the truth always has a way of coming to light.

The staggering amount of debt, the mounting legal fees, the looming judgments – it all paints a picture of a man who is not as financially stable as he portrays himself to be.… Continue reading