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Trump claims he has $500 million in cash, undercutting lawyers' claims on bond money
(www.nbcnews.com)
this post was submitted on 22 Mar 2024
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politics
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This is the best summary I could come up with:
"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 in a post on Truth Social in all caps.
"The often overturned political hack judge on the rigged and corrupt A.G. case, where I have done nothing wrong, knew this, wanted to take it away from me, and that’s where and why he came up with the shocking number which, coupled with his crazy interest demand, is approximately $454,000,000."
Trump is liable for $454 million, most of the fraud judgment, but the amount he owes has been increasing by more than $111,000 a day because of added interest.
New York Judge Arthur Engoron, who determined the amount of the judgment, issued his ruling on Feb. 23, and Trump had 30 days to hand over the cash.
Trump said in another Truth Social post in all caps Friday that Engoron "came up with a crazy, out of thin air award, in order to damage me politically, and not allow me to use any of the large amount of cash I have built up over the years, through hard work, insight, instinct, and diligence, on my political campaign for president."
Earlier this week, Trump's presidential campaign asked his supporters for money in a fundraising memo, which said, "Insane radical Democrat AG Letitia James wants to SEIZE my properties in New York.
The original article contains 499 words, the summary contains 240 words. Saved 52%. I'm a bot and I'm open source!