Wednesday, February 28, 2024

Mangino interviewed by Newsweek about Trump fraud trial

My comments to Kate Plummer of Newsweek concerning the New York Fraud verdict against Donald Trump:

Matthew Mangino, a former district attorney in Lawrence County, Pennsylvania told Newsweek "we are far from" the point of Trump selling assets.

He said: "As I understand, Trump must pay the fines or post and bond pending an appeal. I'm sure he isn't paying the penalty. Posting a bond would be more manageable. The bond would only be a fraction of the penalty.

"If James were to seize any of his buildings they would have to go through a legal sale," he said. "The value would be what the market can bear, how much is someone, or some entity, willing to pay for the building(s)?"

"I think we are far from that point, he will post a bond and appeal," Mangino said.

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