BLOBFISH.................
Posted on 03/22/2024 11:00:50 AM PDT by Red Badger
Former President Trump claimed Friday he has nearly $500 million in cash, conflicting with messaging from his attorneys who claim he won’t be able to post the $454 million bond for his civil fraud case.
“THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT,” Trump wrote on his Truth Social platform.
Trump criticized New York Judge Arthur Engoron and New York Attorney General Letitia James (D) whom he said knew how much money he had on hand and set the penalty in that range on purpose.
Engoron ordered Trump to pay nearly $355 million in penalties plus interest after finding he conspired to lie about his net worth to receive favorable treatment from banks and insurers. The total sum is now worth more than $454 million with $112,000 in interest added each day.
The former president faces a Monday deadline to secure a bond or pay the $454 million due in the case. Earlier this week, his lawyers indicated that it would be “impossible” for them to secure the bond.
His attorneys claim that they’ve spend “countless hours” negotiating with one of the largest insurance companies and have approached 30 companies to back the bond, but to no avail. His lawyers said Trump is also unable to put up property for collateral as part of the bond.
Trump’s critics have suggested the former president might secure the funds from a foreign source if he’s unable to secure a bond before Monday.
His lawyer Alina Habba responded to those claims Wednesday. “Well, there’s rules and regulations that are public. I can’t speak about strategy; that requires certain things, and we have to follow those rules,” she told Fox News’s Martha MacCallum.
If Trump fails to meet the deadline, James, who brought forth the fraud case against Trump, said she may seize some of his assets.
“They’re his own personal campaign funds.”
That is how I have read it. The money is funds from his campaign.
NYC is circling the toilet. Trump will survive, I can’t say the same for the Rotten Apple.
Exactly.
It’s called a budget. Something dems know nothing about.
Trump uses a lot of his own money during his campaigns. Many politicians do.
That would be hilarious......Mixed change would be even better because they would have to separate it also!................
Negotiate w these commie basters? No way they are going to give an inch.
That’s a good idea...Leticia can roll it while she’s in prison.
“He will show up at the last minute as James is filing her paperwork to seize his assets, and hand her the check in front of hundreds of cameras.................”
eff em all
He should pay it in buckets of nickels!
Do you know how long that would take to carry in, dump out, and have the court count 500,000 buckets of nickels?
Might be until November?
Oh good lord - Political funds cannot be used to pay off personal loans.
$454 million with $112,000 in interest added each day , is James a Loan Shark ?
There are conflicting stories.
https://nypost.com/2023/10/03/trumps-statute-of-limitations-claim-at-civil-trial-explained/
Everyone sees it for what it is, anything to stop Trump.
When he gets reelected the response should be biblical.
BLOBFISH.................
No he does not have that amount in his campaign. By law he is legally required to disclose cash on hand.
He has only $42 million according to his FEC filings. https://www.politico.com/news/2024/02/21/biden-trump-campaign-finance-00142555
If Trump wins—Ms. James and her crew will be dead men walking. Revenge is a dish best served cold. The smirking Judge will face an unkind government under Trumps rule.
Thanks! It is confusing.
Liberals are evil little snots who don't even respect the Constitutions. Watch the glee on their faces when they think about destroy a man, his family and his businesses. Now we know why and how democrats could pretend they didn't know young illegal children were being put in kiddie whore houses... Because they got off on evil...
Scum of the earth. One ore reason Hispanics are turning their backs on "liberals". Those kids in kiddie whore houses? The 'lost' children? They're Hispanic kids.
Thx. Saved me the typing.
Liberals are evil little snots who don't even respect the Constitutions. Watch the glee on their faces when they think about destroying a man, his family and his businesses.
Scum of the earth. One more reason Hispanics are turning their backs on white "liberal" elites... Those kids in kiddie whore houses? The 'lost' children? They're Hispanic kids.
Judgements accrue interest at 9% in NY. Just run the numbers, that’s $112k/day. Of all the things to pin on James, this ain’t it.
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