Last month, the GOP front-runner reported a net loss of roughly $2.6 million, and the legal bills and fines keep coming.
The PAC ended January with $1 million in the black, but not because of a new spurt of donations. Instead, to keep afloat his legal slush fund, Trump arranged for a multimillion-dollar infusion from a separate pro-Trump PAC, in $5 million increments, according to The Daily Beast. The outlet noted that nearly 75% of Save America’s January spending went to legal fees and paying the lawyers defending Trump in his sprawling cases, which include four criminal indictments and several civil suits.
On Tuesday, New York attorney general Letitia James warned that Trump could lose some of his prime assets. “If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” James told ABC News, adding that she looks at Trump’s 40 Wall Street building “each and every day.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jury Deliberates in Defamation Trial Against Former President Donald TrumpA jury began deliberations in the defamation trial against former President Donald Trump, deciding whether he owes writer E. Jean Carroll additional millions after a jury last year concluded that he sexually abused her in 1996.
Read more »
Judge Engoron Lowers the Boom on Donald TrumpJohn Cassidy writes about the judgment in Donald Trump’s civil fraud trial in New York, which fined him three hundred and fifty-five million dollars.
Read more »
Donald Trump GoFundMe Raises $84K of $355 Million Target in 24 HoursNew York Judge Engoron fined Trump $355 million on Friday after the former president was found liable of business fraud.
Read more »
Donald Trump Launches Website Selling $400 Sneakers but Claims It's 'Not Political'Trump appeared at Sneaker Con in Philadelphia on Saturday to announce the website.
Read more »
‘Only Murders in the Building’ Season 4: Everything We Know So FarOur trio of crime-solving podcasters are headed to the West Coast, with Molly Shannon—and a returning Meryl Streep—in tow.
Read more »
Wild or Domesticated, Cats Know the Voices of Their CaretakersAs it turns out, cats “get” your tongue, whether they’re lions, leopards, or house cats.
Read more »