He has to liquidate his property in NY, doesn’t he? Maybe that will cover it.
this post was submitted on 10 Feb 2024
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No he doesn't. It could happen though
I hope whoever buys Mar a Lago turns it into a LGBTQ+ only resort.
Sounds like someone in the Middle East is about to get a sweet deal on some more top secret documents…
Did she get the first payment?
Read the article?
He's appealing, but he's had to turn the money over to the court for them to hold onto while he appeals.
He plans to appeal this verdict as well, but getting the money together to do so may prove harder. I read an article on the complexities but can't find it. There were all sorts of potential problems, especially given the expected judgement from his NY fraud trial: he doesn't have enough actual cash on hand, his political money has some limits on it (and there's not enough anyway), there aren't many NY authorized bondsmen approved for that amount of money and those that are won't like his history of stiffing creditors, reputable institutions won't like lending to someone who traditionally stiffs them, it's unlikely anyone will accept his real estate as collateral because the fraud trial is likely to dissolve his NY real estate empire and repayment would be tied up for years, etc, etc. So getting the money from reputable sources is going to be difficult, and there'll be a lot of scrutiny on where the money comes from. My best guess is that he'll do some public money laundering like he did before: offer more shitty NFTs or maybe trump-crypto or something, and the Russians and Saudis will invest in their very own potential US President - you know he'll pull the US out of Ukraine and NATO and whatever else Putin wants.
He has not turned that money over yet.
She doesn't have it, and won't until the appeals are done, but my understanding is that the money has been turned over.
Thats about the $5M not the $83M
Yes? OP's question was literally
Did she get the first payment?
I was also thinking they meant the 83m from this story. I was also wrong.
Write the check, Don
What, you'd take a personal check from that guy?
His checks never clear. I guess we get to find out if you can get blood from a stone. Cause her lawyers are going to hound him until the day he dies, or until he sells MaraLago
You can from a precious stone 😜
He has to write a check to her or as an appeal bond. If he doesn't, the defendant can ask the court to attach asset in lieu of payment. Since the original 5 million is still outstanding, I reckon that's 88 million.
Oo! Twice in one day! And on a Saturday no less!
And on a Saturday no less!
The CNN article was from Thursday, the day the ruling actually happened. The fact that it took two days for the story to hit Lemmy is less than ideal.
That's lemme for you. One thing I miss about Reddit.