Trump Melts Down On Social Media, Says He May Have to ‘Mortgage or Sell Great Assets, Perhaps at Fire Sale Prices’ to Pay $464M Bond

 
Former President Donald Trump sits in the courtroom with his legal team before the continuation of his civil business fraud trial at the New York Supreme Court, Tuesday, Oct. 24, 2023, in New York.

Mike Segar/Pool Photo via AP

Former President Donald Trump embarked on an extended rant about the $464 million bond he must pay after losing the fraud case brought against him in New York State on Truth Social Tuesday morning.

On Monday, Trump’s legal team announced that he could not find an insurance company to underwrite the bond payment and asked an appeals court to allow Trump not to pay it until after it decides whether uphold Judge Arthur Engoron’s decision to fine Trump $355 million for fraudulent business practices.

The former president himself weighed in on the issue Tuesday, declaring that “Any business thinking about moving into New York State is CRAZY!”

“Numerous people have spoken to me about this since the Racist and Politically Corrupt A.G., who ran for office on a platform of ‘I will get Trump’ without knowing anything about me or my business, and her corrupt puppet Judge, Arthur Engoron, who has already been overturned 4 times on this case, a record, started doing a number on me,” he continued.

The rant proceeded apace in a series of follow-up posts in which he continued to rail against Engoron and insisted he shouldn’t “have to put up any money”:

Engoron will not do what the Appellate Division has ordered him to do on Statute of Limitations. This has never happened to the Appellate Division before. Remember, he is the judge that fraudulently valued Mar-a-Lago at $18,000,000, and who was already overturned 4 times on this case, a record!

Engoron wants me to put up the ridiculous fine (I DID NOTHING WRONG!) before I get a chance to Appeal his crazed ruling – A first!

ELECTION INTERFERENCE!

The Corrupt Political Hacks in New York, Judge and AG, are asking me to put up massive amounts of money before I am allowed to appeal the ridiculous decision. Never done before. No jury, no victim, full disclaimer clause, happy banks. ELECTION INTERFERENCE! WITCH HUNT!

I shouldn’t have to put up any money, being forced by the Corrupt Judge and AG, until the end of the appeal. That’s the way system works!

If I weren’t running for President, and leading by a lot, none of this LEGAL LAWFARE would be happening. ELECTION INTERFERENCE! MAGA

“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me when I have already won at the Appellate Division, but he refuses to accept their already made decision.” submitted Trump in another post. “Nobody has ever heard of anything like this before. I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”

 

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