Orange Is the New Orange: Trump Just Might Go to Jail

Published: Feb. 23, 2021, 5 a.m.

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For years, he\\u2019s gotten away with it. He lied. He cheated. He treated the government like a get-rich-quick-scheme and his most ardent followers like marks. 


But now, Donald Trump could be facing serious criminal charges. The kind of charges that might lead to the former president going to jail. 


The Supreme Court turned down Trump\\u2019s final appeal, and that means his accounting firm has to turn over his tax records and business documents to Manhattan District Attorney Cy Vance ASAP. \\u201cTrump\'s lawyers will always come up with something, but there should be no reason why the grand jury won\'t get these financial records tomorrow,\\u201d Daily Beast legal analyst Jay Michaelson tells Molly Jong-Fast on the latest edition of The New Abnormal. 


\\u201cBasically, what we all know happened was: Trump inflated the value of his business when it suited him, which is in order to get on the Forbes list [of richest people] and also to get loans from Deutsche Bank. And then he deflated his worth in order to save on taxes. So that\'s illegal... Not only is that insurance fraud and bank fraud, but that could affect those loans,\\u201d Michaelson adds.


\\u201cWill he go to jail for, like, the rest of his life? Probably no. Is it possible that this would lead to criminal charges that would carry jail time? I would say that\'s pretty likely, and we could have a grand jury indictment fairly soon,\\u201d Michaelson continues. \\u201cA lot of these kinds of white collar crimes are settled, and they\'re settled out for large financial settlements. In this case, I\'m not sure that Cy Vance is interested in settling with Donald Trump\\u2014even if Donald Trump could afford the fines that he would have to pay, which I don\'t think he can.\\u201d  


To which Jong-Fast asks, \\u201cCan he borrow it from Jared?\\u201d


\\u201cUnfortunately, he\'s not the financial wizard that he makes himself out to be.\\u201d


\\u201cWait. But Jared made $200 trillion.\\u201d


\\u201cDon\'t fall for it. I mean, he\'s cute, but he\'s not really that smart.\\u201d


Also on a packed episode of The New Abnormal: Tommy \\u2018Quentin Quarantino\\u2019 Marcus talks about all the cash he raised for Planned Parenthood\\u2014in Rush Limbaugh\\u2019s name. \\u2018How to Be a Liberal\\u2019 author Ian Dunt tells us how post-Trump Americans should see still-Boris Brits like him: \\u201cSo what you should do is look at us like we were like someone you used to date that is still taking heroin. \\u2018I\'m so glad I left that behind,\\u2019 because that\'s where we are.\\u201d 


Finally, Senate Intelligence Committee Chairman Sen. Mark Warner about how the fight against the far-right needs to be taken international. \\u201cWe\'re going to do a deep dive on this anti-government extremism\\u2014and particularly some of these groups, their ties to right-wing groups in Europe, oftentimes amplified by Russia,\\u201d he says. \\u201cI know the threat is real. I know it\'s not just in this country.\\u201d


If you haven\'t heard, every single week The New Abnormal does a special bonus episode for Beast Inside, the Daily Beast\\u2019s membership program. where Sometimes we interview Senators like Cory Booker or the folks who explain our world in media like Jim Acosta or Soledad O\\u2019Brien. Sometimes we just have fun and talk to our favorite comedians and actors like Busy Phillips or Billy Eichner and sometimes it\'s just Rick & Molly discussing the fuckery. You can get all of our episodes in your favorite podcast app of choice by becoming a Beast Inside member where you\\u2019ll support The Beast\\u2019s fearless journalism. Plus! You\\u2019ll also get full access to podcasts and articles. To become a member head to newabnormal.thedailybeast.com



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