NewsTRACS – Trump has over half a billion dollars in legal penalties – “a review of nine+ years of Trump’s cash spreadsheets reveals new information and raises new questions -Wendy Siegelman. Heading into the 2024 presidential election Donald Trump – who faces dozens of felony charges and recently lost several big civil cases – has cinched the GOP nomination. Trump now heads into the general election after having been found liable of sexual abuse, defamation and financial fraud and with over half a billion dollars in legal penalties due.Setting aside Trump’s decades of fraudulent business practices, his network of mafia and criminal associates, his destructive, divisive, nepotistic presidential record, his incitement of violence, support of insurrectionists, and embrace of dictatorship, kleptocracy and fascism – there are also serious questions about how Trump will pay over half a billion dollars in penalties and who he will be indebted to if he becomes president. The media has repeatedly questioned how Trump will find the cash to pay these penalties. But there has been little reporting on public exhibits from the New York attorney general civil fraud case – that include revealing information on almost a decade of Trump’s cash and short-term investment accounts. I dove into the weeds and created a table with highlights and summarize some key findings. I started reviewing the cash documents because I was curious to learn more about the Trump International Hotel and Tower in Chicago and a mysterious $50 million loan associated with the property, and the very odd “0” valuation in ten years of Trump’s Statements of Financial Condition. That information is covered at the end of this piece. Below I highlight a few new findings and my hope is that other researchers, journalists and curious people will spend more time looking at the hundreds of public exhibits from the New York attorney general case which include a wealth of information and likely un-reported findings…”
See also Above The Law – Nobody Wants To Let Trump Hold Half A Billion Dollars To Bond Out Of Civil Fraud Judgment – “…In his failed emergency motion to stay the judgment, Trump already offered to front $100 million. “Together with a reduced bond, the Attorney General thus has more than enough certainty that the status quo will be maintained during the pendency of the appeal and that any judgment affirmed would be satisfied,” Garten wheedled. Obviously Trump’s plea is entitled to exactly the level of mercy and deference given to every other poor and indigent defendant in the State of New York.”
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