Trump’s legal debts top a half-billion dollars. Will he have to pay?
10 months, 1 week ago

Trump’s legal debts top a half-billion dollars. Will he have to pay?

LA Times  

Donald Trump speaks at his Mar-a-Lago estate in Palm Beach, Fla., on Friday, the day a judge ordered him to pay millions of dollars in fines. A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements. Gen. Letitia James, who brought the case, said the interest payments totaled $99 million and would “continue to increase every single day until it is paid.” Between Friday’s ruling and the two judgments in Carroll’s case, Trump would be on the hook for about $542 million in legal judgments. If it returns an unfavorable ruling, Trump could try to get the case taken up by New York’s top appellate court, though legal experts say that is unlikely. On Friday, the judge overseeing Trump’s civil fraud case appointed an additional monitor to oversee the Trump Organization’s finances, finding they could not be trusted to follow the law.

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History of this topic

No presidential immunity for Trump in hush money case
Trending News
1 week ago

No presidential immunity for Trump in hush money case

Hindustan Times  

A judge on Monday ruled that Donald Trump's conviction for falsifying records to cover up a sex scandal should stand, rejecting the U.S. president-elect's argument that a recent Supreme Court ruling nullified the verdict, the New York Times reported. Former U.S. President Donald Trump, alongside his attorney Todd Blanche, speaks to the media as he arrives for his criminal trial …

Trump Must Pay $500M Civil Fraud Fine: NY AG
1 week, 6 days ago

Trump Must Pay $500M Civil Fraud Fine: NY AG

Huff Post  

LOADING ERROR LOADING Donald Trump may have won the White House and the powers that come with it, but according to New York Attorney General Letitia James’ office, he cannot escape a roughly $500 million civil fraud fine, as his lawyers insisted just weeks ago. “The ordinary burdens of civil litigation do not impede the president’s official duties in a …

Trump seeks to have $464 million civil fraud ruling quashed for the 'good of the country'
3 weeks, 5 days ago

Trump seeks to have $464 million civil fraud ruling quashed for the 'good of the country'

Firstpost  

Trump’s lawyers filed a letter Tuesday with New York attorney general Letitia James, who brought the proceeding against the president-elect for manipulating his assets when applying for loans and insurances Donald Trump has sought to have a civil judgment against him for fraud and a $464 million penalty set aside “for the greater good of the country” as he prepares …

'Clearly paid off': Expert admits Trump stumbled onto a winning legal tactic
1 month, 1 week ago

'Clearly paid off': Expert admits Trump stumbled onto a winning legal tactic

Raw Story  

Donald Trump's legal strategy seems to have paid off now that he's been re-elected as president without serving time behind bars for the crimes he's accused of committing, an expert said Tuesday. "If the judge decides to keep the conviction intact, the former president’s lawyers are expected to ask Merchan to delay Trump’s sentencing so they can appeal," CNN reported, …

Donald Trump and civil lawsuits: Can they bring accountability?
4 months ago

Donald Trump and civil lawsuits: Can they bring accountability?

Slate  

Former President Donald J Trump keeps figuring out ways to escape criminal liability. But Trump has seen less success defending himself in civil courtrooms - including two judgments against him in defamation cases brought by writer E. Jean Carroll. On this episode of our series “The Law According to Trump,” is the civil court path to holding Trump to account …

'Wrong on the law': Prosecutors slap back at Trump's latest effort to dodge $464M payment
4 months ago

'Wrong on the law': Prosecutors slap back at Trump's latest effort to dodge $464M payment

Raw Story  

New York prosecutors this week hit back at former President Donald Trump and his attempts to get out of paying $464 million in fraud damages, court records show. Attorney General Letitia James' office delivered Wednesday a 168-page argument to the New York Court of Appeals detailing the many reasons they believe Trump's appeal of his civil fraud case doesn't pass …

Donald Trump deep in debt while foreign money keeps coming: disclosure
4 months, 1 week ago

Donald Trump deep in debt while foreign money keeps coming: disclosure

Raw Story  

The finances of Republican nominee former President Donald Trump include gallons of red ink — particularly with the addition of recent legal judgments, according to a new presidential financial disclosure released Thursday. From Bibles to golf: Trump's assets Trump's public financial disclosure — a requirement for all presidential candidates — was released on Thursday after certification from an attorney for …

Stormy Daniels laments owe Trump $600,000 in legal fees
5 months, 2 weeks ago

Stormy Daniels laments owe Trump $600,000 in legal fees

Daily Mail  

Stormy Daniels is still furious that she owes Trump over half a million dollars in legal fees. While Trump was criminally convicted in New York last month, the defamation case Daniels previously brought against him was dismissed. As part of the decision, she must pay him $600,000 in legal costs - a figure she says is 'unfair', given E. Jean …

Trump's primary cash source for legal defense fund is 'dwindling' as bills pile up: report
6 months ago

Trump's primary cash source for legal defense fund is 'dwindling' as bills pile up: report

Raw Story  

Donald Trump's so-called "witch trials" are costing him big bucks. They include Save America paying more than half a million dollars to Chris Kise, who has worked on both the hush money and classified documents cases, and $390,000 to John Lauro, who worked on the election interference case. The PAC also paid $174,000 to James Otis Law Group LLC, the …

'Tons of CASH!' Trump spews angry Truth Social tirade amid NYC fraud woes
6 months, 2 weeks ago

'Tons of CASH!' Trump spews angry Truth Social tirade amid NYC fraud woes

Raw Story  

Former President Donald Trump took to his Truth Social account on Wednesday to rage against the civil fraud judgment made against him earlier this year, which put him on the hook for over $450 million in damages and limited his ability to operate in New York. His complaint arrived days after Trump was convicted in a New York City courtroom …

Trump immediately starts fundraising off guilty verdict in criminal case
6 months, 3 weeks ago

Trump immediately starts fundraising off guilty verdict in criminal case

Raw Story  

Former President Donald Trump was found guilty on all 34 counts in the New York trial that has left him officially a convicted felon. The New York Daily News reported earlier this week that Trump has spent nearly $5 million in legal fees in the month of March alone. The Brennan Center for Justice revealed earlier this month that legal …

Trump sells off $10m jet to major megadonor as he owes millions in legal fees and judgements
6 months, 3 weeks ago

Trump sells off $10m jet to major megadonor as he owes millions in legal fees and judgements

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Donald …

Trump sells $10 million jet to MAGA megadonor amid steep legal fees: report
6 months, 3 weeks ago

Trump sells $10 million jet to MAGA megadonor amid steep legal fees: report

Raw Story  

Donald Trump's legal troubles have left him with hundreds of millions of dollars in fees and, despite how wealthy he claims to be, the ex-president is depending on Republican National Committee donors to help ease the financial stress. The Daily Beast reported Monday that MAGA megadonor Mehrdad Moayedi has purchased the former president's $10 million jet. The "Iranian-American construction and …

What To Expect As Trump's Criminal Trial Nears Its End
6 months, 4 weeks ago

What To Expect As Trump's Criminal Trial Nears Its End

Huff Post  

LOADING ERROR LOADING Donald Trump’s historic hush money trial, which could potentially make the presumptive Republican nominee for president a convicted felon, is winding down. Expect prosecutors to remind jurors of the testimony from the witnesses they called, all of whom filled in the picture of how, in a scheme arranged by the now-disbarred attorney Michael Cohen just days before …

Trump's staggering legal debts come to light in new campaign filings
7 months ago

Trump's staggering legal debts come to light in new campaign filings

Raw Story  

The extent of Donald Trump staggering legal costs came to light in recent filings with the Federal Election Commission. The filings show the Save America leadership PAC, which Trump has used as a legal slush fund, owes $1.1 million to five different law firms and last month paid nearly $3.3 million more for legal consulting, with its biggest debt – …

Trump fined $1,000 for gag order violation in hush money case as ex-employee recounts reimbursements
7 months, 2 weeks ago

Trump fined $1,000 for gag order violation in hush money case as ex-employee recounts reimbursements

Associated Press  

NEW YORK — The judge in Donald Trump’s hush money trial fined him $1,000 on Monday and, in his sternest warning yet, told the former president that future gag order violations could send him to jail. Judge fines Trump $1K for contempt, threatens jail time if he violates gag order again AP correspondent Julie Walker reports on what a judge’s …

Trump scrambles for cash as huge legal fees leave little for battleground campaign: report
7 months, 3 weeks ago

Trump scrambles for cash as huge legal fees leave little for battleground campaign: report

Raw Story  

If fundraising or other means of getting cash falters, Donald Trump is close to running out of funds to pay his legal bills as his New York hush money criminal trial continues, according to a new report. Trump is racking up significant legal bills as the trial, where he's accused of falsifying business records to cover up a hush money …

Hush money trial: Trump fined $9,000 for gag order violation in New York
7 months, 3 weeks ago

Hush money trial: Trump fined $9,000 for gag order violation in New York

Hindustan Times  

The judge overseeing Donald Trump's criminal hush money trial fined the former U.S. president $9,000 on Tuesday for statements that he found violated a gag order in the case. Former President Donald Trump awaits the start of proceedings at Manhattan criminal court, Tuesday, April 30, 2024, in New York. Justice Juan Merchan's order came as Trump's trial was due to …

Donald Trump’s Hush Money trial: Donald Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges
8 months ago

Donald Trump’s Hush Money trial: Donald Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges

The Hindu  

Donald Trump tried to illegally influence the 2016 Presidential election by preventing damaging stories about his personal life from becoming public, a prosecutor told jurors on April 22 at the start of the former President’s historic hush money trial. Within days of the “Access Hollywood” tape becoming public, Mr. Colangelo told jurors that the National Enquirer alerted Mr. Cohen that …

Trump’s $175 million bond in New York civil fraud judgment case is settled with cash promise
8 months ago

Trump’s $175 million bond in New York civil fraud judgment case is settled with cash promise

Associated Press  

NEW YORK — New York state lawyers and an attorney for former President Donald Trump settled their differences Monday over a $175 million bond that Trump posted to block a large civil fraud judgment while he pursues appeals. The bond stops the state from potentially seizing Trump’s assets to satisfy the more than $454 million that he owes after losing …

Trump’s $175-million bond in New York civil fraud judgment case is settled with cash promise
8 months ago

Trump’s $175-million bond in New York civil fraud judgment case is settled with cash promise

LA Times  

Former President Trump returns to the courtroom after a recess at Manhattan criminal court on Monday in New York. New York state lawyers and an attorney for former President Trump settled their differences Monday over a $175-million bond that Trump posted to block a large civil fraud judgment while he pursues appeals. The bond stops the state from potentially seizing …

Donald Trump hush money trial LIVE: Trump says ‘amazing things happened today’
8 months, 1 week ago

Donald Trump hush money trial LIVE: Trump says ‘amazing things happened today’

Hindustan Times  

Summary Donald Trump hush money trial LIVE: The 45th President of the United States, Donald Trump, has been involved in three civil lawsuits in New York after exiting the White House, but this is the first time he could face imprisonment. The amount was handed over for hush money payments he made to former adult film star Stormy Daniels who …

Donald Trump posts $175 million bond in civil fraud case
8 months, 3 weeks ago

Donald Trump posts $175 million bond in civil fraud case

Deccan Chronicle  

Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding asset seizures while his case winds through the appeals process.Last week, a New York appeals court cut a $454 million bond payment he was originally required to make, reducing the sum to $175 million and giving …

Trump posts $175 million bond in civil fraud case; clears path for appeal and asset protection
8 months, 3 weeks ago

Trump posts $175 million bond in civil fraud case; clears path for appeal and asset protection

Hindustan Times  

Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, a court document showed, avoiding payment of a $454 million penalty while his case winds through the appeals process. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump attends the 2024 Senior Club Championship award ceremony at his Trump …

Donald Trump posts $175m bond in civil fraud case
8 months, 3 weeks ago

Donald Trump posts $175m bond in civil fraud case

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump posted a $175m bond on Monday in his …

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty
8 months, 3 weeks ago

Donald Trump has posted a $175 million bond to avert asset seizure as he appeals NY fraud penalty

Associated Press  

NEW YORK — Donald Trump posted a $175 million bond on Monday in his New York civil fraud case, halting collection of the more than $454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. Until the appeals court intervened to lower the required bond, New …

Trump posts $175m bond in fraud case to avoid asset seizures
8 months, 3 weeks ago

Trump posts $175m bond in fraud case to avoid asset seizures

Al Jazeera  

Former United States president was in February found liable for misrepresenting his net worth by as much as $2bn. Former United States President Donal Trump has posted a $175m bond in his civil fraud case in New York, avoiding asset seizures which could have dealt a serious blow to his finances and reelection hopes. An appeals court last week ordered …

Donald Trump posts $175 million bond to avert asset seizure before US Presidential elections
8 months, 3 weeks ago

Donald Trump posts $175 million bond to avert asset seizure before US Presidential elections

India TV News  

New York: Former US President Donald Trump has posted a USD175 million bond in his New York civil fraud case, halting collection of the more than USD454 million he owes and preventing the state from seizing his assets to satisfy the debt while he appeals, according to a court filing. Until the appeals court intervened to lower the required bond, …

When will Trump pay USD 175 million appeals bond? Here's what's next in his civil fraud case
8 months, 3 weeks ago

When will Trump pay USD 175 million appeals bond? Here's what's next in his civil fraud case

Deccan Chronicle  

New York, Mar 27 Former US President Donald Trump got a break this week when an appeals court cut down the amount of money he needs to put up to pause collection while he appeals a USD 454 million-plus judgment in his New York civil fraud case. Before Monday's ruling, Trump insurance broker and friend Gary Giulietti told the appeals …

When will Trump pay his $175 million appeals bond? Here’s what’s next in his civil fraud case
8 months, 3 weeks ago

When will Trump pay his $175 million appeals bond? Here’s what’s next in his civil fraud case

Associated Press  

NEW YORK — Former President Donald Trump got a break this week when an appeals court cut down the amount of money he needs to put up to pause collection while he appeals a $454 million-plus judgment in his New York civil fraud case. The Trump Organization’s top lawyer, Alan Garten, said in a sworn statement that posting the full …

Relief for Donald Trump in $454 million civil fraud case
8 months, 4 weeks ago

Relief for Donald Trump in $454 million civil fraud case

Firstpost  

While the Republican presidential candidate was in court for another case, a hearing in his forthcoming criminal prosecution over paying hush money to a porn star, he received the unexpectedly good news regarding his New York civil fraud case Trump is accused of making the hush money payments in an illegal manner involving falsification of business records Image Courtesy Reuters …

Donald Trump faces big legal day in hush-money trial and a deadline to post $454mn bond
8 months, 4 weeks ago

Donald Trump faces big legal day in hush-money trial and a deadline to post $454mn bond

Hindustan Times  

Donald Trump will ask a judge on Monday to delay or dismiss his trial on charges stemming from hush money paid to a porn star, citing thousands of pages of potential evidence about witness Michael Cohen that prosecutors turned over only weeks ago. Donald Trump faces a deadline on Monday to cover a $454 million civil fraud judgment for manipulating …

Donald Trump lashes out as clock runs down on his $464m bond payment
8 months, 4 weeks ago

Donald Trump lashes out as clock runs down on his $464m bond payment

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, Mr Trump has claimed on his social media platform, Truth Social, that he …

Trump fumes as $454m bond deadline looms, claims he has fine amount ‘in his bank account’
8 months, 4 weeks ago

Trump fumes as $454m bond deadline looms, claims he has fine amount ‘in his bank account’

Hindustan Times  

As Donald Trump's $454 million New York civil fraud judgment deadline approaches on Monday, March 25, the former US President launched a blistering attack on those who could seize his properties. Taking to Truth Social on Monday, Trump claimed that he had "done nothing wrong", adding that Judge Arthur Engoron and New York Attorney General Letitia James should not be …

Court agrees to pause collection of Trump’s massive civil fraud judgment if he puts up $175M
8 months, 4 weeks ago

Court agrees to pause collection of Trump’s massive civil fraud judgment if he puts up $175M

Associated Press  

NEW YORK — A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s more than $454 million civil fraud judgment if he puts up $175 million within 10 days. “What he’s done is such a disservice and should never be allowed to happen again,” said Trump, who argues that the fraud case is …

Trump deadline to pay $454m looms: Here is what happens next
8 months, 4 weeks ago

Trump deadline to pay $454m looms: Here is what happens next

Al Jazeera  

Former United States President Donald Trump has until Monday to post a bond covering a $454m civil fraud judgement or face the risk of New York state seizing some of his marquee properties. According to a June 2021 financial statement, Trump’s properties – including New York City office building 40 Wall Street, the Trump Tower in Manhattan and the Mar-a-Lago …

Court says Trump can put up $175 million to pause collection of massive fraud judgment
8 months, 4 weeks ago

Court says Trump can put up $175 million to pause collection of massive fraud judgment

LA Times  

Former President Trump holds up a copy of a story featuring New York Atty. A New York appeals court on Monday agreed to hold off collection of former President Trump’s more than $454-million civil fraud judgment if he puts up $175 million within 10 days. The appeals court also halted other aspects of a trial judge’s ruling that had barred …

New York court lowers $454m bond as Trump appeals civil fraud case
8 months, 4 weeks ago

New York court lowers $454m bond as Trump appeals civil fraud case

Al Jazeera  

Ruling gives former President Donald Trump, who had faced possible seizure of his assets, 10 days to post $175m bond. An appeals court in the United States has agreed to pause the collection of Donald Trump’s $454m civil fraud judgement, delivering a victory to the former US president and preventing authorities in New York from beginning to seize his assets. …

“His greatest fears”: Trump melts down on Truth Social as $454 million fraud deadline arrives
8 months, 4 weeks ago

“His greatest fears”: Trump melts down on Truth Social as $454 million fraud deadline arrives

Salon  

Former President Donald Trump spent Monday morning raging on Truth Social ahead of a deadline to pay his $454 million fraud judgment or post bond to appeal it. “Why should a Crooked, highly political New York Judge, Arthur Engoron, working in concert and coordination with an even more Corrupt Attorney General, Letitia ‘Peekaboo’ James, his Puppet Master, and the White …

Eric Trump brutally mocked as he says banks laughed at him over attempts to secure dad's $454mn bond
8 months, 4 weeks ago

Eric Trump brutally mocked as he says banks laughed at him over attempts to secure dad's $454mn bond

Hindustan Times  

Ahead of former president Donald Trump's Monday deadline to secure a $454 million bond in his New York fraud case, his son Eric Trump said that their appeal was ignored by every lender, claiming that they have basically laughed at his face. Eric Trump said top insurance executives laughed when he approached for $454 million in bond money for his …

Trump says he has nearly $500 million in cash but doesn’t want to use it to pay New York judgment
9 months ago

Trump says he has nearly $500 million in cash but doesn’t want to use it to pay New York judgment

Associated Press  

NEW YORK — Donald Trump claimed on Friday to have almost a half-billion dollars in cash but said he’d rather spend it on his presidential run than on the $454 million civil fraud judgment against him in New York. Trump’s lawyers asked the state’s intermediate appeals court to reverse a prior ruling requiring that he post a bond covering the …

'That's not the actual amount': Trump's lawyers scramble to explain $500M boast
9 months ago

'That's not the actual amount': Trump's lawyers scramble to explain $500M boast

Raw Story  

Former President Donald Trump's lawyers are scrambling to explain away his $500 million boast, posted to Truth Social Friday morning, after they said in court filings their client couldn't come up with that kind of cash, according to a new report. Trump's attorneys told CNN reporter Kara Scannell Friday morning that Trump's all-caps claim that he currently has almost $500 …

Trump set for $3.3 BILLION windfall as shareholders vote to take his media company that owns Truth Social public
9 months ago

Trump set for $3.3 BILLION windfall as shareholders vote to take his media company that owns Truth Social public

Daily Mail  

Shreholders voted Friday to take Donald Trump's media company public in a move that could provide him a multi-billion lifeline just as he is forced to pay a $454 million court judgement against him. Donald Trump claimed he has half a billion dollars in cash in series of furious posts on Truth Social as the deadline to pay the $454million …

Trump unspools early morning all-cap freakout about half billion he owes as deadline looms
9 months ago

Trump unspools early morning all-cap freakout about half billion he owes as deadline looms

Raw Story  

Donald Trump claimed to have exactly enough cash to pay off his New York fraud judgment in an early morning, all-caps rant. The ex-president was ordered by justice Arthur Engoron to pay $454 million in penalties after he was found liable for habitually defrauding lenders by inflating property values for his own financial benefit, and he complained that New York …

Here's how Donald Trump can raise money by $3 billion to pay his legal bills
9 months ago

Here's how Donald Trump can raise money by $3 billion to pay his legal bills

Hindustan Times  

The Trump Media & Technology Group, the parent of the Truth Social digital platform, may begin to trade on the stock exchange by Monday. Such a transaction could potentially increase former President Donald Trump's wealth by more than $3 billion, serving as a way to pay for expanding legal complaints and further harnessing the President's political ambitions. Upon shareholder approval, …

Will Trump lose property if he can’t pay $464m in New York’s fraud ruling?
9 months ago

Will Trump lose property if he can’t pay $464m in New York’s fraud ruling?

Al Jazeera  

Trump faces a Monday deadline to pay his $545m bond, and the New York attorney general says she is prepared to seize assets. If he fails to meet the cut-off date, New York Attorney General Letitia James could start to seize Trump’s assets, including his estates and other properties. Earlier this week, Trump’s lawyers even told a New York appellate …

Key questions as Trump hurtles toward Monday deadline to pay $454 million fraud penalty
9 months ago

Key questions as Trump hurtles toward Monday deadline to pay $454 million fraud penalty

Associated Press  

NEW YORK — Donald Trump is hurtling toward a critical deadline in his most costly legal battle to date. If the former president doesn’t come up with a financial guarantee by Monday, New York’s attorney general can start the process of collecting on the more than $454 million Trump owes the state in a civil fraud lawsuit. If Trump isn’t …

Is Donald Trump broke? What his net worth has to say
9 months ago

Is Donald Trump broke? What his net worth has to say

Hindustan Times  

Last night Donald Trump has said he couldn't secure a bond for his civil fraud trial in New York as 30 companies spurned his side. His attorneys have stated, “to obtain the bond, they would need to post collateral worth $557 million”—a task they consider to be a “practical impossibility.” Last week New York Judge Arthur Engoron ordered Trump to …

Trump's failure to pay $464M fraud debt could open him to perjury charge: Michael Cohen
9 months ago

Trump's failure to pay $464M fraud debt could open him to perjury charge: Michael Cohen

Raw Story  

JustSecurity reporter Adam Klasfeld reported Monday that four potential brokers said they couldn't find anyone to take Donald Trump up on a bid to offer his real estate empire as collateral for a nearly $500 million bond, citing a deposition from the former president's lawyer Alan Garten. According to Trump's former lawyer, Michael Cohen, the reason is that the deal …

Donald Trump can't secure $454 million bond in the New York fraud case: Lawyers say it's impossible to come up with the cash
9 months ago

Donald Trump can't secure $454 million bond in the New York fraud case: Lawyers say it's impossible to come up with the cash

Daily Mail  

Donald Trump's lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals. The former president's lawyers wrote in a court filing that 'obtaining an appeal bond in the full amount' of the judgment 'is not possible under the circumstances …

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