Donald Trump‘s lawyers made the embarrassing admission in court this week that he can’t find an insurance company to underwrite his bond to cover the ginormous judgment against him in New York Attorney General Letitia James’ civil fraud lawsuit.
The one term, twice-impeached, quadruply-indicted ex-president and alleged multi-billionaire says he’s reached out to 30–30!–different underwriters to back the bond and every single one of them has turned him down.
Whomp, whomp.
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“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers wrote in a filing with a New York appeals court.
In a Truth Social post, the 77-year-old ex-president called the bond, which is due by the end of this month, “unConstitutional, un-American, unprecedented, and practically impossible for ANY Company, including one as successful as mine.”
James has already said that if Trump, who bragged about having “in excess of $400 million in cash” during his deposition, can’t post the $464 million bond by March 31, she’s going to seize his assets, which may include his prized 40 Wall Street and Trump Tower in New York.
She could also go after properties in other states, including Mar-a-Lago in Florida and Trump National Golf Club Bedminster in New Jersey. Which brings us to…
Ivana Trump, the ex-president’s first wife, who he cheated on with his second wife before divorcing her in 1990, and who also happens to be the mother of his three eldest children, Don Jr., Ivanka, and Eric.
After Ivana tumbled to her death down the spiral staircase of her New York townhouse in the summer of 2022, Trump had her cremated and buried at Trump National Golf Club Bedminster.
Now, you might be wondering why anyone would be buried on a golf course. Let alone, a golf course owned by someone they divorced 30 years earlier.
Rumor has it, Trump did it for tax purposes.
New Jersey tax code exempts cemetery land from all business taxes, sales taxes, income taxes, inheritance taxes, rates, and assessments. By burying his ex-wife on his 520-acre golf course, he doesn’t have to pay taxes on the 10-acres surrounding her gravesite.
Every penny counts, right?
Especially when you owe half a billion dollars in legal penalties!
All that being said, if James decides to seize Trump National Golf Club Bedminster, that means Ivana comes with it. And people on the internet have A LOT to say about that…
James hasn’t said which of the ex-president’s assets she’ll go after first, but she’ll likely start with his New York properties since those will involve less paperwork than the ones located out of state. And if there’s one thing we know about the New York AG, she’s all about efficiency!
That said, Trump owes a ton of money. If seizing his New York properties doesn’t satisfy the judgment, James will have no choice but to go after his out of state ones as well. And Trump National Golf Club Bedminster is just a quick car ride away.
At this rate, we think it’s safe to say Ivana Trump is never gonna rest in peace.
m
Thoughts and prayers.
Mack
lol I thought that only applied to kids being gunned down at school?
Dave
Not a Trump fan but this is just gross opportunistic “reporting” at it’s worst. Disgusting. Have some respect for the dead.
abfab
Finding respect for the most disrepectful family in the United States. Nope.
dman
Do you mean like the Trump family have shown respect by ignoring the grave and letting it become overgrown with weeds?
bachy
It astonishes me that her children have not been questioned regarding this bizarre and pitiable burial arrangement.
abfab
The children are too busy planning the future family plots at Golf Doral.
Harley
More likely they are plotting to steal all the dementia patient Trump’s money, just like Fred Trump’s kids to him when Fred got Alzheimer’s disease.
RIGay
It’s the plot of “Goldfinger”, we’ll call it “Spraytanface” – Much like Goldfingers Rolls Royce, Trump buried his ex-wifes remains in a SOLID GOLD casket made by smeltering down a private stash of Nazi gold. It’s not what’s in the casket, it’s the casket of itself.
And I would not put it past him one bit.
Jim
Oh, the humanity Donny will. lose is macabre tax break
winemaker
Gee folks, don’t you all have lives and better things to do with your time than keep up this obsesssion with Donald Trump? He’s been gone for 3+ years, let it go and by the way he just might be the next president of the US., so get used to it. Just what have the liberals done to improve your lives? I’ll wait for a logical answer but won’t hold my breath. too late, answer: they’ve done ZIPPO and if you live in San Francisco the former jewel of California now resembling a 3rd world country in many places, the evidence is all around you. More and more people are tired of what’s going on in DC and are ready for a change come November 5th 2024 and are ready to get rid of biden who has done little for the American people and America. Why do you still suport the liberals who do nothing but play you for fools and treat you like walking ATM’s for higher taxes all while doing nothing to improve things? This isn’t a pro Trump thing, this a common sense thing. Who in their right mind keeps voting for crap like this?
abfab
Tell the world why you continue to read tabloids and then complain about the content, to show you care about the issues, while you also do nothing about the issues. No wait. Don’t.
wiccanboy
I don’t Like Trump at all but Her grave site should not be disturbed
abfab
She’s in the Meadowlands. That’s where most criminal organizations in NJ dump the bodies.