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Jon Stewart is facing online backlash after the comedian opined on air this week that Donald Trump’s civil real estate case for overvaluing his properties was “not victimless” — when it turns out the price of a previous home sale finds Stewart doing the exact same thing, The Post has learned.
On Monday night, Stewart, 61, unpacked Trump’s $454 million appeal bond, calling out experts framing the former president’s New York civil case as not causing direct harm to any individual.
“The Daily Show” host rolled a clip of CNN’s Laura Coates interviewing “Shark Tank” star Kevin O’Leary, who commented that the ruling didn’t “go over well” with the real estate industry that was now fretting over the possibility of becoming the next target.
Coates attempts to counter O’Leary’s argument by emphasizing that Trump was legally held accountable for falsifying business records, issuing false financial statements, committing insurance fraud, and engaging in conspiracy, primarily related to asset inflation.
O’Leary replied: “Everything that you just listed off is done by every real estate developer everywhere on Earth in every city. This has never been prosecuted.”
Commenting on the exchange, here are portions of Stewart’s statement: “How is he not this mad about overvaluations in the real world? Because they are not victimless crimes… Money isn’t infinite. A loan that goes to the liar doesn’t go to someone who’s giving a more honest evaluation. So the system becomes incentivized for corruption.”
Social media users delved into Stewart’s property history, revealing an astounding 829% overvaluation of his New York City penthouse, as confirmed by records from The Post. In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million, but records from 2013-2014 assessors indicate the property had an estimated market value of only $1.882 million, with an actual assessment value even lower at $847,174. This disparity resulted in Stewart paying significantly lower property taxes, a practice he criticized Trump for in his Monday monologue.
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