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Mr. Trump claimed to have 'nearly 500 million USD in cash'

Mar 23, 2024

Washington [US], March 23: The Guardian newspaper reported on March 23 that Former US President Donald Trump revealed that he has "nearly $500 million in cash", despite complaining about bailing out the $454 million fine that lawyers said he could not afford. pay.
Mr. Trump is currently appealing the verdict in a civil case in New York state (USA) that fined him $454 million for business fraud . At the same time, he must find a guarantor for this fine before March 25, or face the risk of having his assets confiscated.
Writing on social media entirely in printed characters, the former president said that "thanks to hard work, talent and luck, I now have nearly $500 million in cash, a significant amount that I intend to used in the presidential campaign.
He believes that the judge in his case in New York knew this, so he imposed a fine of about $454 million. The court in New York did not immediately comment on this comment.
Meanwhile, a legal analyst said that Mr. Trump speaking out above was a wrong move. "That was his direct admission that he had money," according to CNN citing Mr. Nick Akerman, former assistant US attorney in the Southern District of New York.
According to Mr. Akerman, if Mr. Trump does not pay the fine or guarantee the penalty, New York State Attorney General Letitia James will likely freeze all of his bank accounts.
While racing to return to the White House, Mr. Trump faced unprecedented legal risks, including 88 criminal charges (14 charges of election subversion, 40 charges of keeping classified information, 34 charges of allegations of hush money payments) in addition to civil cases.
Source: Thanh Nien Newspaper