Former President Trump was arrested for the 4th time on RICO laws in Fulton County, Georgia which encompasses the city of Atlanta.
If convicted the former president is facing decades behind bars and massive fines.
What he did the day before his arrest in Atlanta is sure to be litigated if he is convicted and is forced to pay fines.
The former president sold his luxury resort, Mar-a-Lago to his son Trump Jr.
A Zillow listing showed that the resort was sold on August 4th but a recent report has claimed that the property may not have been sold.
The Express reported that the former president might have transferred ownership over to Trump Jr.
the listing is still on Zillow and it shows that a 5,061-square-foot residence at 1100 S Ocean Boulevard in Palm Beach, Florida, was sold on Friday, August 4, for $422,000,000.
From Newsweek:
While the home is not listed by Zillow as “Mar-a-Lago,” the address corresponds to that of Trump’s Palm Beach residence, and so does its size, roughly. The listing also mentioned that the last time that the property was sold was on April 6, 1995—the exact same date when the former president turned the residence, which he purchased in 1985 for $2 million, into The Mar-a-Lago Club. At the time, Zillow said the property was acquired for $12,000,000.
While Zillow does not provide details about who bought the property, the website SunBiz said that the current owner of Mar-a-Lago is a company called Mar-a-Lago Inc., owned by the former president’s eldest son.
Should Trump be convicted it is highly probable that prosecutors will sue to a hold of the $422,000,000 resort.
Fraudulent transfer? https://t.co/qKPxJnA3Qf
— Andrew Weissmann (weissmann11 on Threads)🌻 (@AWeissmann_) August 25, 2023
Former President Trump is the front-runner in the GOP primary and is receiving a ground swell of support in light of his arrests.
