Trump will likely run out of legal defense funds by summer, report says

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.

Drusas,

Good. Make him sell some property.

surewhynotlem,

Make him sell some property.

Much easier for him to sell our democracy

MrPoopyButthole,

Damn, even after his sick new sneaker line?

TubeTalkerX,

Oh no,

Anyway…

Newguy,

Haha, keep having a good day! Made me smile

Jaysyn,
Jaysyn avatar

That will be just in time for trial. Good.

PeckerBrown,

The ex-president may now be forced to turn to a few undesirable options to cover his costs.

Isn’t that his entire M.O.?

TropicalDingdong,

undesirable options to cover his costs

Sounds like a foot channel on only fans.

SatansMaggotyCumFart,

I’d pay bigly to see those tremendous feet.

LeftHandedWave,

🤮

CleoTheWizard,
@CleoTheWizard@lemmy.world avatar

deleted_by_author

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  • aidan,

    I interpret this as a joke, but we’ve gotten a couple reports on this being wishing death on the commenter. So, can you just clarify if this is a joke or not?

    CleoTheWizard,
    @CleoTheWizard@lemmy.world avatar

    Ofc it’s a joke, not wishing harm on anyone. Deleted it but sorry to everyone who misinterpreted my comment.

    aidan,

    Thank you!

    psmgx,

    Sure is. Remember Trump Steaks? And Trump University?

    TengoHipo,

    Good thing those shoes will be a hit lol

    Blackmist,

    That’s only an issue if he intends on paying for any of it, rather than getting in office again and declaring himself and all his flunkies immune.

    CileTheSane,
    @CileTheSane@lemmy.ca avatar

    He plans on getting back into office by this summer?

    Antarctic3823,

    Considering jan 6, he has some history of trying such plans.

    laurelraven,

    Anyone who does any work for him without getting payment up front is a fool who deserves what they’re about to get

    Pratai,

    I’m sure he can just keep selling his golden sneakers to launder rubles from Russia.

    (Wow… we live in a world where that sentences makes sense)

    OldWoodFrame,

    That’s the end of the article. He’s selling $399 Trump-branded “never surrender” sneakers claiming it’s “not political”

    zeppo, (edited )
    @zeppo@lemmy.world avatar

    Right. He claims everything else about him is political, like being prosecuted for crimes or civil offenses, but not the shoe selling though…

    Bdtrngl,

    “never surrender” sneakers from the guy who checks notes surrendered.

    hydrospanner,

    It’s not political…or at least it’s more criminal than political.

    Dkarma,

    Nah just another 500 NFTs

    disconnectikacio,

    He wont run out of money. Even if those idiots who support him run out of money, his comrade putin will help him out. Or even orban, who has piles of our money.

    ripcord,
    @ripcord@lemmy.world avatar

    Or some Saudi Arabian benefactor. Or…

    1simpletailer,
    @1simpletailer@startrek.website avatar

    Didn’t Musk visit him right after the verdict?

    ripcord,
    @ripcord@lemmy.world avatar

    Did he, seriously?

    1simpletailer,
    @1simpletailer@startrek.website avatar

    As far as I know there’s nothing official, but Musk’s private jet flew into Palm Beach the day after the court ruling.

    root_beer,

    Correction: Trump supporters will likely run out of legal defense funds by summer

    Trump isn’t running out of anything, unless you count whatever hall leads to the bathroom, in which he won’t make it in time

    OldWoodFrame,

    Correction of emphasis, Trump supporters will run out of funds in the summer. Then he’ll shift to the RNC paying his legal bills. They already were, prior to when he declared as a candidate for 2024.

    mintiefresh,

    It’s tiring reading news about him still and there have been no consequences. I’m kind of just resigned to that fact that he might win the election anyways and all his problems will just go away.

    stoly,

    He lost his business empire and has to pay more than $450m. How is that not consequences?

    laurelraven,

    He lost his ability to do business in one state, which likely just means he’ll do it by proxy

    And I wouldn’t be a bit surprised if he weasels his way out of paying somehow

    stoly,

    He won’t. Stop spreading misinformation.

    laurelraven,

    What misinformation am I spreading? That I think something is or isn’t going to happen?

    I assure you that it is very accurate that I’m prepared to see him find some way to weasel out of this, and I’m not sure how you could possibly know whether or not I think the things I say I think.

    Again: I’ll believe it when it happens. Not before then. I’m done believing the right thing will happen when it comes to him since it so rarely has.

    CileTheSane,
    @CileTheSane@lemmy.ca avatar

    And I wouldn’t be a bit surprised if he weasels his way out of paying somehow

    He has a deadline of 30 days to pay, and in order to appeal he first has to put 110% of the amount owing in escrow.

    laurelraven,

    I’ll believe he’ll pay when he pays. I see no reason to start thinking he’s going to do what he’s supposed to, required to, do when that’s never been what he’s done. I honestly doubt he’ll give up that money until it’s forcibly pulled from his accounts.

    Maybe this time will be different and the rules will actually apply to him. Maybe this time Lucy won’t pull that football back. Until that actually happens, forgive me if I’m sceptical that things are going to be different this time around.

    OldWoodFrame,

    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.

    zeppo,
    @zeppo@lemmy.world avatar

    Once he has to actually pay them vs appealing, I’ll believe it.

    Thirdborne,

    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.

    SpaceCowboy,
    @SpaceCowboy@lemmy.ca avatar

    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.

    Thirdborne,

    He has a monitor overseeing him. Too late for any shenanigans.

    SpaceCowboy,
    @SpaceCowboy@lemmy.ca avatar

    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.

    Thirdborne,

    Regardless. He cannot appeal without putting up the money or a collateralized bond.

    tigeruppercut,

    He’s already had to put up $5.5 mil that he couldn’t weasel out of.

    Trump has already deposited $5 million owed to Carroll for the first defamation case into a court-controlled account, along with an additional $500,000 in interest required by New York law. Carroll will not have access to the funds until the appeals process plays out.

    He may soon be forced to do the same for the $83.3 million judgment in the second Carroll verdict. Alternatively, he could secure a bond and pay only a portion up front — though that option would come with interest and fees and likely require some form of collateral. Trump would have to find a financial institution willing to front him the money.

    apnews.com/…/trump-fraud-carroll-fines-82d423b8e7…

    SpaceCowboy,
    @SpaceCowboy@lemmy.ca avatar

    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.

    stoly,

    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.

    Grant_M,
    @Grant_M@lemmy.ca avatar

    It all depends on shoe sales :D

    doctorcrimson,

    The nice thing about this is he’s using SuperPAC money that diverts from the RNC Campaign funding.

    billwashere,

    I’m sure the gofundme will take up the slack…

    DAMunzy,

    What’s the vig? I hope it’s high.

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