this post was submitted on 25 Aug 2023
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Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.

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[–] twistypencil@lemmy.world 17 points 1 year ago

Bail bondsmen are notoriously corrupt, so this tracks

[–] Jumper775@lemmy.world 17 points 1 year ago (6 children)

That’s how he got so rich, spending the bare minimum amount of money he can on anything in any situation.

[–] jballs@lemmy.world 11 points 1 year ago

Using a bail bondsman is the exact opposite of spending the bare minimum. It's basically the equivalent of taking out a payday loan at a check cashing store.

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[–] Red_October@lemmy.world 16 points 1 year ago (1 children)

If he skips town and leaves the country, it's not his money that's gone. He's already the sort who will live with paranoid levels of security so some bail bondsman bounty hunter trying to bring him in is hardly a concern.

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[–] Franzia@lemmy.blahaj.zone 16 points 1 year ago* (last edited 1 year ago) (12 children)

I read he's paying about 2 million a month for legal fees. He only just stopped campaigning recently, too. I wouldn't say he's broke so soon.

Edit: Right his PAC is paying for them sorry

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[–] Delusional@lemmy.world 15 points 1 year ago (2 children)

Try to overthrow democracy in the US? Just $200k bail.

[–] preciousjewel128@lemmy.world 10 points 1 year ago

I always remember a line Quark said in ds9. A fine just means legal for a price. (I realise a fine a bail aren't the same thing.)

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[–] Rakonat@lemmy.world 12 points 1 year ago (2 children)

This is nothing new for Trump, why pay the bill when someone else will pony up for him? He has a long history of not paying bills and using legal loopholes to get out of settling private debts. You can't do that with the state, but you can do that with a commercial business. While he's clearly not worth the amount he claims he is, there is no doubt in my mind that the amount he's still siphoning off of his base will cover all his legal expenses.

As much as conservative voters and talking heads say they hate Socialism, they sure do love being the social safety net of the rich.

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[–] krayj@sh.itjust.works 12 points 1 year ago* (last edited 1 year ago) (1 children)

His private jet (a Boeing 757) that flew him from Palm Beach to Atlanta for his booking....costs $15k to $18k per hour to operate, and it's a 2-hour flight each way (not counting warmup, taxi, and idle time waiting to takeoff). He basically dropped $60k+ for that flight. It doesn't make sense that he'd need the services of a bail bondsman when he's dropping $60k for plane rides, or maybe his campaign funds are paying to operate that jet - I wouldn't be surprised.

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[–] Snapz@lemmy.world 12 points 1 year ago

I bet this is money laundering/bribery kind of scheme. Some actual billionaire likely told the bondsman they would cover the bond regardless, they tell trump it's covered, trump does whatever the fuck he wants, and the billionaire buys the favor.

I'm telling you, look into the bondsman - that POS probably just got his boat or mortgage unexpectedly paid off.

[–] boonana@lemmy.world 10 points 1 year ago (2 children)

He sold Mar-a-Lago. apparently he's scraping together his money to leave the country.

[–] twistypencil@lemmy.world 10 points 1 year ago

He didn't sell it. He transferred it to his son as a "sale", probably to protect his assets from seizure

[–] jmanes@lemmy.world 10 points 1 year ago (3 children)

Saw that going around. It has been debunked though.

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[–] autotldr@lemmings.world 9 points 1 year ago

This is the best summary I could come up with:


Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it.

Trump voluntarily turned himself in at the Georgia jail where he was booked on 13 felony counts linked to his alleged efforts to overturn his loss in the 2020 election in the state.

Trump and 18 co-defendants, including his personal lawyer Rudy Giuliani and former White House chief of staff Mark Meadows, are accused of conspiring together in the same election plot, according to the indictment released earlier this month.

"It's also unusual for a billionaire to post a bond in cash as he did in the E. Jean Carroll's case instead of getting a commercial insurance company to do it for him, and he couldn't do it there," Rubin said.

Earlier this month, the Associated Press reported that Trump's campaign finances were strained as the former president was dedicating tens of millions of dollars towards his legal defense.

On his campaign website, Trump asks his supporters for a "contribution to evict Crooked Joe Biden from the White House and SAVE AMERICA."


The original article contains 661 words, the summary contains 199 words. Saved 70%. I'm a bot and I'm open source!

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