The newspaper penned an article which questionably compared Stewart’s 2014 penthouse sale to Trump’s real estate dealings, for which he was recently found liable of fraud.
, tried to depict the Comedy Central host as a hypocrite after he criticized Donald Trump’s justification of bank fraud as a “victimless crime.”quoted podcaster Tim Pool, who baselessly wondered whether Stewart committed “fraud” when he sold his New York City penthouse for $17.5 million in 2014. The publication based its conclusion on the fact that assessor records from that year showed the property’s estimated market value sitting at $1.882 million.
“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,” Stewart said then.“Did commit fraud when he sold his penthouse for $17.5M? NY listed its market value at $1.8M at around 800k,” Pool asked in a post on X.“OMG!! I've been caught doing something not remotely similar to Trump!” he wrote in a tweet late Wednesday afternoon.
While Trump presented his inflated property values to lenders in order to get favorable loans, Stewart sold his property to a buyer who was willing to pay $17.5 million, which is an entirely different scenario. Stewart did not, for instance, submit documents tripling the size of his penthouse, like the former president did with his own in Trump Tower.
Additionally, it is quite common for a property’s assessed value and its market value—what someone would pay for it—to vary,Monday, is still on the hook for some $454 million following the case—a verdict he says he will appeal.
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