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🗓️ 22 September 2022
⏱️ 41 minutes
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0:00.0 | Welcome to the beat. I'm Ari Melbourne. We begin with several legal crises that are coming together for Donald Trump right now. |
0:06.0 | It's been a week of setbacks for the former president. |
0:10.5 | The big one is the New York Attorney General taking him to court, demanding sanctions, |
0:16.2 | a quarter billion dollars specifically in penalties, Attorney General James saying that the Trump family and organization |
0:24.0 | have committed massive and repeat fraud. |
0:27.3 | And we're going to walk through this. You may have heard the news yesterday and a lot of it focused on the law, |
0:31.0 | her powers, what she's doing. There hasn't been as much time to really make sense of the evidence in her 220 page filing. |
0:37.8 | And so just briefly here to start the broadcast, I wanted to do that with you. |
0:42.3 | Look at Mar-a-Lago, which of course is in the nexus of multiple legal issues and we'll get to those tonight. |
0:47.6 | But in the New York case, which deals with Donald Trump's fraud in more than one place, |
0:52.7 | Mar-a-Lago down in Florida has an actual property value of $75 million. |
1:01.1 | What you see on the left there is what Leticia James says is, |
1:05.2 | all things considered the rough actual truth, a value of $75 million. |
1:11.4 | Now you might notice when you look at this bar chart here that it seems really kind of low. |
1:15.4 | And that's because of what you're about to see to leave room for the Trump claims, |
1:19.7 | you really have to build a giant chart where the Trump organization made claims legally binding that this was worth $739 million. |
1:32.7 | That's not a bit above or double. It is, as you see, about nine times more than, according to the case, what the AG says it's worth. |
1:41.3 | So it is false as best anyone can tell. It certainly has never fetched $739 million or anything close to that in the sale. |
1:49.2 | What you're seeing on your screen in simple form, which I'm leading the newscast with because it's this important is a piece of evidence for dismantling the Trump organization. |
2:00.0 | If this evidence holds and a judge signs off on it, then you could see Trump and his family banned from running any corporation in New York. |
2:07.3 | Okay, consider that exhibit A. Now let's go to Trump Park Avenue apartments, a unit there reportedly worth about $750,000. |
2:17.4 | Again, you'll notice, and I'm showing you this because it matters and we didn't even have time to get to it in our breaking coverage yesterday. |
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