TRUMP Bond in Letita James Case Lowered by Appeals Court

originally posted by: gortex
a reply to: matafuchs

If this is happening it is because they know #1, the amount was outrageous and #2 they want this it move forward and get it over with.

Seems to me he still has to pay the full amount but has been given extra time to pay it if he stumps up $175 million.

A New York appeals court on Monday agreed to hold off collectionof former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.

Yes IF the verdict is upheld. Good chance the "fines" will be lowered or reversed. Lots of prejudice and bias on the Court that's provable. This case will go for another year at least. 😀

originally posted by: rickymouse
When Trump does win this, which seems probable, he should sue the state of New york for ten billion and then get a court order that states that New York must pay the money within thirty days or he will seize their government buildings for a value based on their actual value on a quick sale. Most of the government buildings go on auction for pennies on the dollar of their worth....they should use that value.

Trump Org could end up owning New York State government buildings and collecting rent from New York!! 😃

a reply to: xuenchen

Instead take it out in leans against the perpetrators estates. There are hundreds to draw from to make it not sting so bad for Lettia James and the others taking liberties against us all with their approach boarding on Banana Republic status.

originally posted by: CataclysmicRockets
I wouldn't even consider it a win if it was reduced to $1
A win would be the case dismissed and thrown out.

Have to agree with this. Can't wait for some dirt to come out on Lefticia James and see what happens with the rest of this case.

originally posted by: Disgusted123
I'll laugh so hard if he can't cover it.

LOL!

I had that thought as well.

He claims he has almost $500 million in cash.

a reply to: gortex

Correct. Bond was lowered.

a reply to: matafuchs

What this proves is that Trump, a supposed multi-billionaire, is a fraud in more than a legal sense.

He didn't have enough to pay for 1/20th of the wealth he said he had.

He still has to pay his fine, even if it is reduced. It isn't a 'victory' just because he has been given a reduced sentence.

LOL.

originally posted by: CarlLaFong
Oh...and the fun part of it all is...Trump ALSO just increased his net worth by another $3b to $4b!

Please explain how him selling companies to himself has increases their real value?

It's all funny-money again.

originally posted by: chr0naut

originally posted by: CarlLaFong
Oh...and the fun part of it all is...Trump ALSO just increased his net worth by another $3b to $4b!

Please explain how him selling companies to himself has increases their real value?

It's all funny-money again.

He sold his company to the public.
You don’t understand this ?

originally posted by: YourFaceAgain
$175M is still a lot, considering all it is is a hurt feelings tax.

He was found guilty of fraud. Nothing to do with 'feelz'.

The judgement is strictly because he hurt a lot of Democrats' feelings. The judgement was to help small, fragile people feel better.

The judgement was to recover money that Trump stole by fraudulent misrepresentation.

The bond amount was specifically designed to try to prevent him being able to appeal the case (which is illegal) because everyone knows the case is a joke.

What are they gonna do if it gets completely overturned on appeal?

The bond was the sentence that was handed down because he comitted fraud. It didn't prevent him from appealing, because the new fine was determined by appeal, that he would have immediately lodged when his sentence was passed.

He can still re-appeal, but he has used up one of his chances already.

originally posted by: chr0naut
a reply to: matafuchs

What this proves is that Trump, a supposed multi-billionaire, is a fraud in more than a legal sense.

He didn't have enough to pay for 1/20th of the wealth he said he had.

He still has to pay his fine, even if it is reduced. It isn't a 'victory' just because he has been given a reduced sentence.

LOL.

His “wealth” is in real estate.

NY doesn’t accept any payments based in real estate.

Even billionaires don’t have billions or even half a billion laying around in cash, not making money. It takes time for anybody to scrape up half a billion cash money.

You really don’t understand this ?

originally posted by: arcticshuffle

originally posted by: chr0naut

originally posted by: CarlLaFong
Oh...and the fun part of it all is...Trump ALSO just increased his net worth by another $3b to $4b!

Please explain how him selling companies to himself has increases their real value?

It's all funny-money again.

He sold his company to the public.
You don’t understand this ?

He retained 60% ownership, but he could still have purchased some of his shares anonymously through shell companies. As an investment it wasn't worth a fraction of what he is claiming.

a reply to: chr0naut

He was found guilty of fraud. Nothing to do with 'feelz'.

No. a judgement was handed down stating he misrepresented the value of a property. No fraud. No conviction.

The judgement was to recover money that Trump stole by fraudulent misrepresentation.

Recover for who? A loan was provided after vetting from the institution who gave it. It was paid in full on time with interest.

The bond was the sentence that was handed down because he committed fraud. It didn't prevent him from appealing, because the new fine was determined by appeal, that he would have immediately lodged when his sentence was passed. He can still re-appeal, but he has used up one of his chances already.

The bond would allow him to appeal. No sentencing. A non-trial judgement made before listening to evidence. His fine is the same, but a higher level court sees that the judgement is absurd. So, they are allowing less to secure his case moving forward. Once that is done she cannot take any property or impose liens.

He has used up nothing. This is to allow him to appeal the entire case. Two different things.

originally posted by: chr0naut
a reply to: matafuchs

What this proves is that Trump, a supposed multi-billionaire, is a fraud in more than a legal sense.

He didn't have enough to pay for 1/20th of the wealth he said he had.

He still has to pay his fine, even if it is reduced. It isn't a 'victory' just because he has been given a reduced sentence.

LOL.

You might wanna look up what wealth is.

Hint: It's not synonymous with cash.

I'm not at all shocked that you don't understand extremely simple finance concepts, given your history here.

So no, it doesn't prove that at all. It proves that you're uninformed on the topic, like most topics you choose to chime in on here.

originally posted by: chr0naut

originally posted by: arcticshuffle

originally posted by: chr0naut

originally posted by: CarlLaFong
Oh...and the fun part of it all is...Trump ALSO just increased his net worth by another $3b to $4b!

Please explain how him selling companies to himself has increases their real value?

It's all funny-money again.

He sold his company to the public.
You don’t understand this ?

He retained 60% ownership, but he could still have purchased some of his shares anonymously through shell companies. As an investment it wasn't worth a fraction of what he is claiming.

Thanks Leticia. Better get that crack detective team up and going again. This is a bigger crime than the first one.

Do you always create an even more ridiculous story, when you’re caught being sketchy ?

Actually it is close to 70% of the shares of the stock. Who cares. Why are you all not checking out the stock portfolios of Congress? Find the real corruption.

This case is showing cracks in the foundation we all knew were coming.

a reply to: matafuchs

Did anyone do a wellness check on Andy ? I think I hear him shake.

The Upcoming padlocks ceremony was the best thing ever in his life.

Maybe nobody told him and he’s still rolling around his bedroom floor, giggling and hyperventilating.

originally posted by: arcticshuffle

originally posted by: chr0naut
a reply to: matafuchs

What this proves is that Trump, a supposed multi-billionaire, is a fraud in more than a legal sense.

He didn't have enough to pay for 1/20th of the wealth he said he had.

He still has to pay his fine, even if it is reduced. It isn't a 'victory' just because he has been given a reduced sentence.

LOL.

His “wealth” is in real estate.

NY doesn’t accept any payments based in real estate.

Wasn't he saying that they were coming after his real estate holdings? Isn't that payment of his fine in real estate?

Even billionaires don’t have billions or even half a billion laying around in cash, not making money. It takes time for anybody to scrape up half a billion cash money.

You really don’t understand this ?

Sure, I understand this, but Trump said in court that he had in excess of $400 million in cash. On Truth Social, he said he had more than $500 million in cash. He doesn't. He is compounding the fraud with more fraud, and has been caught out.

What's Trump worth? A look at his assets and income

originally posted by: FlyersFan
Still is too high.

Correct. As pointed out time and time again by "sane" attorneys, BOND is meant to help ensure those who were defrauded, get paid, if the person loses his/her appeal.

a reply to: chr0naut

It took all of 2 seconds for them to hack a whopping 63% of that fine off.
They know it’s all a bogus.
There was no crime committed.
That law was never meant nor used the way it ever was when they went after Trump with it.

You see all these cases against Trump going to crap.
News flash…. They were crap from the beginning LoL