Technology

Jon Stewart gives a no-holds-barred teardown of Trump’s fraud case

A man sits at a talk show desk with an image of an older man in the top-left corner.

Another Jon Stewart-hosted Daily Show, another diatribe against Donald Trump.

This week Stewart turned his attention to Trump’s ongoing fraud case, the penalty for which was slashed yesterday to $ 175 million.

“What did Trump actually do to earn this penalty?” asks Stewart in the clip above. “Well it turns out that for a decade, whenever Trump wanted to get a loan or get a deal, he would illegally inflate the value of his real estate, for instance suggesting that his 11,000 square foot penthouse was a 30,000 square foot penthouse — I guess somehow including the sky in the calculation. We all do it! I mean on my license I’m not listed as 5′ 7”, I’m listed as 30,000 square feet.

“And the attorney general of New York knew that Trump’s property values were inflated, because when it came time to pay taxes, Trump undervalued the very same properties. It was all part of a very sophisticated real estate practice known as lying.”

Mashable