EXCLUSIVE: THE COLLAPSE OF FTX BY SAM BANKMAN-FRIED. THE ONLY BOOK WRITTEN BY SAM BANKMAN-FRIED DETAILING WHAT REALLY HAPPENED AT FTX!!
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OVER 260 PAGES PREPARED AT THE DIRECTION OF THE TRUMP ORGANIZATION, TO ENHANCE DONALD J. TRUMP'S NET WORTH AND TO OBTAIN FINANCING BASED ON AN INFLATED VALUE!!! THE DOCUMENTATION WITHIN THE APPRAISAL WERE NOT PUBLIC INFORMATION AND WERE NEVER KNOWN TO EXIST TO THE PUBLIC, UNTIL NOW!!!!
This ORIGINAL APPRAISAL, shows how the Trump Organization utilizes projections not obtainable to achieve, to reach unrealistic values on properties. THIS IS THE ORIGINAL APPRAISAL PREPARED FOR THE TRUMP ORGANIZATION, at the direction of The Trump Organization. This shows how The Trump Organization purchases a property at FAIR MARKET VALUE, AND THEN GETS APPRAISERS TO VALUE IT AT VALUES THAT IN REALITY MAKE NO SENSE. Fact, The Trump Organization bought the Trump Castle Casino for around $350,000,000, but shortly after using non achievable projections and enhanced value techniques without any justification, bring the same property to be then worth $650,000,000!!! All documented by a licensed appraiser, so that The Trump Organization can go to investors, lenders and most importantly ENHANCE THE NET WORTH OF DONALD J. TRUMP. At the end of the day this project fails and is sold for around $38 million. Why not the $500-$600,000,000 range like the appraisal said it was worth?? Why, because that value is not the value!! These are the documents that CLEARLY show that The Trump Organization and Donald J. Trump are not worth what they claim they are worth. How they enhance values utilizing smoke and mirrors and the banks are either gullible or are in on the game!!!
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