Donald Trump sells private jet to GOP megadonor and real estate mogul amid legal woes

Donald Trump

Donald Trump’s company has offloaded one of his prized private jets in the wake of nearly half a billion dollars in legal judgments this year.

The buyer? A Republican megadonor who funneled nearly $250,000 into a political committee linked to Trump’s 2020 campaign, public filings obtained by the Daily Beast reveal.

The jet in question, a 1997 Cessna, is valued at around $10 million, according to evoJets — though the exact terms of the deal remain under wraps.

Donald Trump’s Cessna Citation X landing in New York in August 2014. Vivaldi/Wikimedia Commons
Donald Trump’s Cessna Citation X landing in New York in August 2014. Vivaldi/Wikimedia Commons
Trump’s Cessna is valued at around $10 million and what he primarily used during his 2016 campaign run. via REUTERS
Trump’s Cessna is valued at around $10 million and what he primarily used during his 2016 campaign run. via REUTERS

On May 13, Federal Aviation Administration records show the aircraft’s registration was transferred from Trump Organization’s DT Air Corp to a Texas-based entity called MM Fleet Holdings LLC.

This company is tied to Mehrdad Moayedi, an Iranian-American construction and development mogul based near Dallas.

Moayedi runs Centurion American Custom Homes and has been building homes since 1990, partnering with both public and private entities.

Mehrdad Moayedi. Centurion American Development Group

Mehrdad Moayedi. Centurion American Development Group

Moayedi, a known Trump supporter, contributed a hefty $245,000 to Trump Victory in 2019 and 2020. This committee raised funds for the Trump campaign, the Republican National Committee and various state GOP parties, with Moayedi giving the maximum $5,600 allowed to Trump’s campaign.

Besides the former president, Moayedi has supported other GOP figures, including the RNC, Sen. Ted Cruz and Nikki Haley. He even donated $2,900, the maximum primary contribution, to Sen. Kyrsten Sinema, an Arizona independent criticized by some Democrats for her Republican-friendly stances.

In this Jan. 24, 2016 file photo, a man photographs the plane carrying then-Republican presidential candidate Donald Trump as it departs Muscatine Municipal Airport after he spoke in Muscatine, Iowa. AP
In this Jan. 24, 2016 file photo, a man photographs the plane carrying then-Republican presidential candidate Donald Trump as it departs Muscatine Municipal Airport after he spoke in Muscatine, Iowa. AP
In this Jan. 24, 2016 file photo, Trump campaign communications manager Hope Hicks stepped off the plane in Muscatine, Iowa. AP
In this Jan. 24, 2016 file photo, Trump campaign communications manager Hope Hicks stepped off the plane in Muscatine, Iowa. AP

Trump has proudly showcased the Cessna on the Trump Aviation website, describing it as a “very special feature” of the fleet.

The site claims the jet is a “rocket in the sky,” capable of reaching speeds up to Mach .92 and altitudes of 51,000 feet. It boasts luxurious interiors for nine passengers and the “signature Trump Crest” for added elegance.

Meanwhile, this might not be the only property Trump will have to unload.

New York Attorney General Letitia James zeroed in on Trump’s lavish Westchester holdings earlier this year, following a recent civil fraud ruling against the former president.

Donald Trump’s private family estate, known as Seven Springs, in Westchester. Trump Organization
Donald Trump’s private family estate, known as Seven Springs, in Westchester. Trump Organization

Just after Judge Arthur Engoron’s Feb. 16 verdict, James’ team moved swiftly, formally registering the judgments in Westchester County. This suggests Trump’s prized properties, including Trump National Golf Club Westchester and the sprawling 212-acre Seven Springs estate, could be at risk.

The filing, made on March 6, notably omitted the specific assets targeted or the reasons behind the move. However, the implications for Trump’s Westchester real estate empire are clear: his luxurious retreats are the first to be on the chopping block.

Currently, the matter is on hold and pending as the case makes its way to the appeals court.

Source: Nypost.com

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