Raw Story reports:
Attorneys for Donald Trump declared Monday that he is unable to secure the $464 million bond due in his New York fraud case, saying that turning over the entire amount is “a practical impossibility” — and that development could lead to his New York empire becoming property of the state, a legal expert said.
“He is now being asked to put up a bond to secure basically a half-a-billion-dollar judgment, which would represent about one-twenty eighth of his entire assets as Donald Trump [and his lawyer Alina Habba] say,” Kirschner said.
Kirschner went on to say that if Trump’s assets are valued at the level he says they are, “I would think insurance companies and sureties would be beating down his door to do business with him.”
This is the hilarious part. Trump pathologically exaggerates his wealth. Because he did, he got hit with a massive fine. He can only appeal it if he puts up a bond, but no one will lend him the money because they all know he massively exaggerates his wealth.
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