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“We have a lot of cash,” Donald J. Trump boasted 10 months ago, under oath, claiming that the number was “going up very substantially every month.”
But whatever cash he had may soon be gone.
On Friday, the judge overseeing Mr. Trump’s civil fraud case issued a final ruling that inflicted a staggering financial penalty. With interest, the former president has been ordered to pay New York State about $450 million, a sum that threatens to wipe out a stockpile of cash, stocks and bonds that he amassed since leaving the White House, according to a New York Times review of Mr. Trump’s financial records. He will have only 30 days or so to either come up with the money or persuade an outside company to post a bond.
https://www.nytimes.com/2024/02/17/nyregion/trump-civil-cases-millions.html
But whatever cash he had may soon be gone.
On Friday, the judge overseeing Mr. Trump’s civil fraud case issued a final ruling that inflicted a staggering financial penalty. With interest, the former president has been ordered to pay New York State about $450 million, a sum that threatens to wipe out a stockpile of cash, stocks and bonds that he amassed since leaving the White House, according to a New York Times review of Mr. Trump’s financial records. He will have only 30 days or so to either come up with the money or persuade an outside company to post a bond.
https://www.nytimes.com/2024/02/17/nyregion/trump-civil-cases-millions.html