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.
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 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.
He’s already had to put up $5.5 mil that he couldn’t weasel out of.
https://apnews.com/article/trump-fraud-carroll-fines-82d423b8e7a7f9a32470729c5f4410e5
Yeah $5M for the publicity of an appeal which he’ll likely lose, that he’ll pay. When it’s hundreds of millions, which he may not even have the full amount? He’s gonna Alex Jones that shit.
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.