UPDATE, 3:57PM: Donald Trump is facing a hefty bill that he’ll need to cover by selling Mar-a-Lago memberships. The total debt to the state of New York now stands at a staggering $454 million, with interest accumulating at a rate of $114,554 per day. The recent judgment by NY Supreme Court Judge Arthur Engoron has put Team Trump in a tight spot, with the ex-Celebrity Apprentice host personally on the hook for $111,984 every 24 hours. The financial shenanigans of Trump, his sons, and executives have finally caught up with them, leading to this massive fine.
Having failed to delay the judgment, Trump and his associates now have 30 days to file an appeal. The pressure is on as they scramble to come up with the funds or a bond to cover the substantial penalty. If they fail to do so, New York Attorney General Letitia James has made it clear that she will not hesitate to seize assets, including Trump Tower. The stakes are high, and the clock is ticking for the former president and his cohorts.
Meanwhile, Trump’s legal battles continue to mount, with a slew of court cases and indictments looming over him. Despite the legal turmoil, Trump remains a formidable force in the political arena, expected to secure a resounding victory in South Carolina. The drama unfolds as Trump navigates the treacherous waters of the legal system while keeping an eye on his political ambitions.
By the way, memberships at Trump’s Florida club go for about $200,000 per year.
PREVIOUSLY, FEB 16 PM: Former President Donald Trump is not taking the recent court ruling lightly. In a series of fiery posts on social media, Trump lashed out at the judgment that requires him and other defendants to pay a whopping $354.9 million in a civil fraud case. Trump denounced the ruling as an “Election Interference and tyrannical Abuse of Power by a Crooked Judge and Crooked Attorney General.” The legal battle has escalated into a war of words, with Trump and his legal team gearing up for an appeal to challenge the decision.
On the other side, New York Attorney General Tish James hailed the ruling as a victory for justice, emphasizing that no one is above the law. The courtroom showdown has captured the attention of the nation, with the outcome carrying significant implications for Trump and his associates. As the legal saga unfolds, Trump’s future hangs in the balance, with the specter of financial penalties and legal restrictions looming large. The courtroom drama continues to unfold, setting the stage for a high-stakes battle between Trump and the legal system.
