Donald Trump Bedminster, NJ- June 13,2023 — Former President Donald Trump spoke to a crowd of supporters outside the clubhouse of his Trump National Golf Club in Bedminster, NJ, hours after he was arraigned in Miami.

Former United States President Donald Trump is facing a pretty horrible situation this week as a New York Judge has determined that Trump and his adult sons, Eric Trump and Donald Trump Jr., engaged in widespread and rampant fraud in order to receive more favorable loans and insurance terms.

According to a recent report from ABC News, New York Judge Arthur Engoron said that Donald Trump and other defendants in the case have a “propensity to engage in persistent fraud” and have submitted “fraudulent valuations” for various assets, including his Mar-a-Lago resort.

“Engoron also found that Trump inflated the value of his Mar-a-Lago club by at least 2,300%, claiming the property assessed by the county between $18 million and $27.6 million was actually worth between $426,529,614 and $612,110,496,” ABC News wrote this week.

It’s absolutely horrible news for Trump as he heads into a $250 million civil fraud trial set to begin next month, and people had plenty to say about it on social media as a result.

We’ll have to see how this plays out for Trump and his family, but it’s clear that the courts aren’t necessarily buying the notion that the property is worth several hundreds of millions of dollars, or even over $1 billion.

[ABC News]