Trump Gets Last Laugh After CNN Makes Accidental Admission LIVE On Air

OPINION:  This article contains commentary which may reflect the author’s opinion

When discussing New York Attorney General Letitia James’ civil fraud case against former President Donald Trump, which resulted in a judge ruling that the property is only worth between $18 and $35 million, a CNN contributor casually admitted that Mar-A-Lago is worth hundreds of millions of dollars.

Bess Freedman, a real estate expert, spoke with CNN about the possible acquisition of Trump’s Westchester house and golf course, a move James has already begun to make. James has threatened to confiscate Trump’s assets if he does not pay the full $434 million sentence imposed against him by Monday.

“You need at least 30 days to get any of these properties sold. But the property that you alluded to, Mar-A-Lago, potentially that could be something that could be sold quickly. I think the valuation is something in the hundreds of millions and I think there could be a buyer for something like that,” Freedman said.

“And that would be, literally, picking up the phone, calling someone, and then literally writing a check, if you’re talking about doing that between now and Monday,” CNN’s Erin Burnett continued.

“Yeah, I mean there could be plenty of international people who want to buy that property. I mean, there’s properties that are priced at $150 and $200 million that are nearby that. And Palm Beach is like the Nvidia of real estate. It’s just shot up like a rocket. And people do want to live there. They’ve moved there. So I think that would be the best case scenario as to property if he’s trying to sell quickly,” Freedman continued.

Judge Arthur Engoron has ordered that Trump provide the full $434 fine that was assessed against him by Monday. The endeavor has been described as a “practical impossibility” by Trump’s legal team.

Trump’s attorneys stated, “Very few bonding companies will consider a bond of anything approaching that magnitude, as the amount of the judgment, with interest, exceeds $464 million.” “We have searched the market extensively, but we have not been able to secure a bond for the Judgment Amount for Defendants. This is due to the fact that, in the current situation, obtaining an appeal bond for $464 million is practically impossible.”

If the fine is not paid on time, James has long threatened to confiscate the properties and assets of the former president Trump. In an interview with ABC News last month, James stated, “If he does not have the funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court and we will ask the judge to seize his assets.”

According to a Westchester County internet database, James filed Judge Arthur Engoron’s $464 million judgment against Trump in Westchester County on March 6. In the event that the former president is unable to pay the punishment, this action will facilitate James’ seizure of the 140-acre Trump National Golf Club Westchester and Seven Springs residence, both situated in the New York suburb.

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