Former President Donald Trump will likely run out of legal defense funds this summer, Bloomberg reported.
In 2023, Trump spent $51.2 million on legal costs and has a further $23.5 million available for lawyers’ fees — but that source of money will likely dry up around July, the report said.
The ex-president may now be forced to turn to a few undesirable options to cover his costs.
What’s the vig? I hope it’s high.
The ex-president may now be forced to turn to a few undesirable options to cover his costs.
Like selling ugly scene clothing? Magats sporting the ugly red hats and gold T sneakers. Worst brand ever.
This is the best summary I could come up with:
Former President Donald Trump will likely run out of legal defense funds this summer, Bloomberg reported.
One option for Trump is getting the Republican National Committee (RNC) to help pay for his defense.
While it wouldn’t be the ideal time to ask the cash-strapped party for money, that’s what his GOP presidential nomination rival Nikki Haley recently speculated he might do.
The ex-president could also look to take more money from small donors for his “Save America” leadership political action committee (PAC), per Bloomberg.
But the leading Republican candidate is also facing huge legal penalties as the run in to the presidential election ramps up.
As his financial and legal woes mount, Trump made a surprise appearance at “Sneaker Con” in Philadelphia on Saturday.
The original article contains 387 words, the summary contains 124 words. Saved 68%. I’m a bot and I’m open source!
So sell Mar-a-Lago to pay for your lawyers.
Right? Isn’t it worth billions?
He can just ask his supporters to pay his bills.
That will be just in time for trial. Good.
Just in time for the crimimal verdicts!
There’s always money in the banana stand. Eric needs a break from running it anyways.
Love this reference! It got me thinking - is Eric more like Buster? Jnr is Gob. Baron is George Michael. Melania is Lindsay, ivanka is maeby, Ivana was Lucille, Lucille 2 is about to take over the RNC. Michael cohen = Barry Zuckercorn and Trump is George Sr who may have committed some light treason and definitely hires the worst lawyers.
I’d say Eric is more like Buster because if they had a Michael they might not be in so much trouble.
Yeah, there is definitely no Michael in this family, because anyone with a good head in their shoulders actually did manage to leave the family before being caught in their miasma of chaos and grift
[season 4 Michael disappointed me so much]
Oh no,
Anyway…
Haha, keep having a good day! Made me smile
I’m sure he can just keep selling his golden sneakers to launder rubles from Russia.
(Wow… we live in a world where that sentences makes sense)
That’s the end of the article. He’s selling $399 Trump-branded “never surrender” sneakers claiming it’s “not political”
Right. He claims everything else about him is political, like being prosecuted for crimes or civil offenses, but not the shoe selling though…
“never surrender” sneakers from the guy who checks notes surrendered.
It’s tiring reading news about him still and there have been no consequences. I’m kind of just resigned to that fact that he might win the election anyways and all his problems will just go away.
He just got fined $350+ million and banned from running his own company for 3 years. He just got hit with an $83 million judgement against him for sexually assaulting a woman.
The consequences have begun.
Once he has to actually pay them vs appealing, I’ll believe it.
He can’t appeal without bonding the full amount and nobody was willing to bond the 5 million he got hit with last year. Looks a lot like he just has to put up the cash.
I can’t see him doing this… he’s going move money his money to somewhere he thinks the government can’t get it and declare bankruptcy.
He’s gonna go full Alex Jones.
He’s already had to put up $5.5 mil that he couldn’t weasel out of.
Trump has already deposited $5 million owed to Carroll for the first defamation case into a court-controlled account, along with an additional $500,000 in interest required by New York law. Carroll will not have access to the funds until the appeals process plays out.
He may soon be forced to do the same for the $83.3 million judgment in the second Carroll verdict. Alternatively, he could secure a bond and pay only a portion up front — though that option would come with interest and fees and likely require some form of collateral. Trump would have to find a financial institution willing to front him the money.
https://apnews.com/article/trump-fraud-carroll-fines-82d423b8e7a7f9a32470729c5f4410e5
He has a monitor overseeing him. Too late for any shenanigans.
Right… forgot about that. But I feel like that just limits his shenanigans and hes got a lifetime of experience at shenanigans. I dunno really, but I’m not betting against Trump’s crook skills.
Regardless. He cannot appeal without putting up the money or a collateralized bond.
There’s no appeal here. He has nothing to point to for procedural errors or unconstitutional laws. Plus he has to put up the money before he can do anything.
He lost his business empire and has to pay more than $450m. How is that not consequences?
He lost his ability to do business in one state, which likely just means he’ll do it by proxy
And I wouldn’t be a bit surprised if he weasels his way out of paying somehow
And I wouldn’t be a bit surprised if he weasels his way out of paying somehow
He has a deadline of 30 days to pay, and in order to appeal he first has to put 110% of the amount owing in escrow.
He won’t. Stop spreading misinformation.
Fortunately $399 sneaker grift has landed just in time
And people starting gofundme’s to help him with his legal bills lol.
Yes $40k will put a huge dent in this. As it’s supposed to be a limited run of 1000, unless of course there’s going to be more fraud involved.
The 399 sneakers were just to draw attention to his other sneakers that are more affordable on the same site. Those will presumably bring in the lion share of the money.
Donald’s shoddy products are going to fuck up some spines.
Nah, most of the people buying them will be in mobility scooters.
Huge sneaker orders coming out of Russia. Huuuuge!
Correction: Trump supporters will likely run out of legal defense funds by summer
Trump isn’t running out of anything, unless you count whatever hall leads to the bathroom, in which he won’t make it in time
Good. Make him sell some property.
Make him sell some property.
Much easier for him to sell our democracy
He wont run out of money. Even if those idiots who support him run out of money, his comrade putin will help him out. Or even orban, who has piles of our money.
Or some Saudi Arabian benefactor. Or…
Didn’t Musk visit him right after the verdict?
Did he, seriously?
No he won’t. He’ll fleece his cult and/or rob the coffers of his and/or the GOP campaign funds to cover his legal bills.
